• Tar_Alcaran@sh.itjust.works
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    5 months ago

    If 20 year old me put away 10% of her income, it would just mean borrowing more. Current me would just have more debt and be worse off than now.

    • Sanctus@lemmy.world
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      5 months ago

      Yeah a lot of people in there twenties can’t even spare 5%. I’m thirty and I can’t.

      • Juvyn00b@lemmy.world
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        5 months ago

        Some companies in the US have a deal to where they match on 401k. One such organization puts in 5% for your 2%. Two percent is low enough it wouldn’t be a hit to almost any cash in your pocket given that the money is taken out pre tax.