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Personal Finance and Investing

A HERETIC I AM

(24,798 posts)

1. Excellent. Really good.

Reply to Common Sense Party (Original post)

Thu Feb 14, 2013, 09:11 PM

Feb 2013

I'm contributing to my 401(k) even though my firm offers no match. I've read on threads in the past where some would insist it isn't worth it unless the company offers a match of some kind.

I disagree. Sure a match is free money, but the fact that my contribution comes out before taxes are figured, thus lowering my AGI, AND I don't have to worry that I have to send a check to an IRA account, means my balance has grown quickly.

As they say, "Pay yourself first!"

Really well done, CSP!