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Consumerism Commentary: Made a 401(k) Contribution Change
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Chris Sells · 4 years agoYou should absolutely have a cash reserve of 3-6 months, but after that, you'll want to do your best to max out your 401(k) every year for the tax advantage.
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Flexo · 4 years agoI wholeheartedly agree about having 6 months worth of expenses in cash in reserve. It would be nice to max out my 401(k) contributions but if you've been following my postings you'll probably know that with my salary and expenses, putting $14,000 away in the 401(k) each year is a bit... impossible.
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Jonathan · 4 years agoI'm glad to see that you're at least taking enough to get all of the match. As for the rest, I would simply consider it as moving your investment from stocks to education :)
