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The key to avoiding lifestyle creep is "pay yourself first". Set up automatic deductions to automatically pull money from your paycheck before it ever gets to y
by pilom 4y ago
The key to avoiding lifestyle creep is "pay yourself first". Set up automatic deductions to automatically pull money from your paycheck before it ever gets to your bank account. In the US, you can put $20k per year into a 401k account and another $6k into an IRA account tax free.
- sokoloff 4y ago> you can put $20k per year into a 401k account and another $6k into an IRA account tax free. Only if your income is relatively low (for US tech employees). https://www.fool.com/retirement/plans/401k/contribute-to-401k-and-ira https://www.fool.com/retirement/plans/401k/contribute-to-401...