I’ve been busy in New Jersey: visiting relatives, carrying irrigation pipe, meeting deadlines, dragging away dead Christmas chainsawed by my dad. So busy, in fact, that I forgot to call attention to my recent columns at MSN Money and Get Rich Slowly.
“Is your kid saving for retirement?” sounds counterintuitive. But as soon as your son or daughter gets a job delivering papers or scooping ice cream, he or she should start a Roth IRA. Two words: compound interest. Even a few hundred a year will grow big and strong eventually.
“Got the urge to splurge? Use these strategies to fight it (or not)” gives you permission to be human, i.e., to be easily distracted by bright, shiny objects. It gives you some tools to help hold yourself accountable. Finally, it gives you an occasional day off from snowflaking debt because an occasional treat is more important than a shiny frugality badge.
Once you’ve read the pieces I’d be interested in hearing your opinion of their premises. Do you see the value of putting even a small amount in little Johnny’s Roth IRA? And what about splurges: Do you have a favorite one, either a cheap thrill or a budgeted-for luxury?