The $1,500 birthday gift that taught me to save for retirement - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 41 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 51%

Business News News

Business Business Latest News,Business Business Headlines

'In my early 20s, I lived in New York and made $36,000 a year. Needless to say, most of my money went to essentials; saving for retirement was not high on my to-do list'

In my early 20s, I lived in New York and made $36,000 a year. Needless to say, most of my money went to essentials; saving for retirement was not high on my to-do list.

Everyone has a moment where some missing piece of financial knowledge clicks into place. For me, it was a simple choice my dad set up for me when encouraging me toI was just a few years out of college, making $36,000 a year at a writing job I'd recently left the service industry for.

My incorrect assumption was that I had plenty of time to start saving, but thankfully, my dad started to get impatient after a few years. Observing how much of my focus and funds were going toward just keeping my head above water, with no thought of the future, he made me an extremely generous offer designed to change the way I thought about money.My birthday was approaching, and he and my stepmom were planning on gifting me money, he told me. The catch was, the specific amount was up to me.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Another rich white girl living and working in NYC on $36,000? Bullshit!

Ahhhhh, what?

Omg this is like your dream for everyone CPAPlanner

You why this is such a stupid article? Because you don't get interest anymore because the printing press for QE is constantly on. And you don't want to invest your life savings in a rigged market. The system completely broke down when money lost scarcity under the FIAT system.

The n------s are gone,....The n---------

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Instagram star @MrsDowJones shares an inside look at a day in her life - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »

AI in Banking Report from Insider Intelligence - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Shopify President on turning your side hustle into full-time business - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Pandemic leads Samsung to cancel pitch for US advertising business - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. 🥰
Source: BusinessInsider - 🏆 729. / 51 Read more »