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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.
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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
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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”. [...]
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