What is a good piece of advice from your parents or that you’ve learned that others may not know or that you wish you were told as a child/teen?

  • TherouxSonfeir@lemm.ee
    82·
    10 months ago

    Yes. “Put your money here, it will be there when you’re old—we promise.” Is a ridiculous plan.

    • minorninth@lemmy.world
      52·
      10 months ago

      You get to choose how your 401k is invested, though. The only difference is a tax advantage.

      The advice is just: save money, let it grow using compound interest, use tax laws to your advantage.

      There’s no “trust the government” in that advice.