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Parental Advice (lemmy.zip)
submitted 2 years ago* by to c/asklemmy@lemmy.ml
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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?

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[–] 6 points 2 years ago (1 child)

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

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  • [–] 3 points 2 years 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.

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