HOW TO LIFE - Adulting for the 21st Century

HTL 040: What the heck is a 401K? A simple explanation of what it is, how to get it, and why it is financially smart, with Melissa Neacato


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#40 - Have you heard the phrase START PLANNING FOR YOUR FUTURE? Do you have any idea what that means or how to go about doing that?

Starting out in life is often overwhelming enough without having to think about that. 

It seems so far away. Why worry about it?

The good news is that I don’t want you to worry about it. I don’t want you to be stressed in the NOW worrying about the future.

So I want to tell you about an easy way to save money for your future or if you don’t like that word, just have a little savings, that can be set up automatically, very often through your employer. 

Many, many companies offer what is called a 401K which is an account that you can open up through your job and put a little money away each pay period or whenever you want. It will get invested for you and over time it will grow. 

My guest today is Melissa Neacato a financial coach and she runs her blog called the Travelling Wallet which is all about FINANCIAL INDEPENDENCE AND RETIRING EARLY.

She has great information to share about the ease and benefits of a 401K account.

Don’t worry, this is a very easy-to-follow conversation that will for sure help clear up some of the mystery about this term 401 K and growing your money through investing. 

Saving money through a 401K  is so easy that you won’t even feel it! But you will be setting yourself up for financial comfort in the future.

howtolife.com/040

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HOW TO LIFE - Adulting for the 21st CenturyBy Dr. Laura Jaget

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