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via Kristina: Chat transcript with Abby Wilners, author of Quarterlife Crisis. She offers advice to young people just out of school, or just starting out in life.
.jpg "The Money Blog Network - Improving your bottom line")
December 12th, 2006 at 9:26 am
I was a little put off by her reluctance to reccomend Roth IRAs. Roths are GREAT savings vehicles for young people. While the nature of an IRA is a retirement account, the Roth allows you so much flexibility that it’s a great tool. The fact that you can cash out interest earned for things like house down payments etc., makes the Roth a good option in my book. And why in the world would she reccomend CDs when GE Interest Plus, ING, and other non brick and mortar online banking options
December 12th, 2006 at 4:00 pm
Nice find, Thanks! It is very relevant to my blog (PF for international students and fresh grads) and I added a mention - I hope you dont mind.
[...] Following links for 2006-12-12 posted by J.D. at http://www.getrichslowly.org, I came across this at USA Today on “Young and In Debt”. [...]