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Thursday, August 25, 2005

Money doesn't come in easy as compared to what I used to have back home. Try living in a foreign land on your own and everything starts getting messed up. Especially if you're like me trying to figure out what the hell does 401K mean? Of course in relation with your earning capacity... I have no idea what it means.

While I was channel surfing today, I was amazed by this woman speaking about financial matters. Whether it's 401K or Roth IRA, i don't know exactly which to choose, moreso the difference of each but whatever she talked about for a couple of minutes made sense. She pointed out very straightforwardly that every individual should prioritize getting down on their credit debts and pay it off immediately and choose Roth IRA to the max over 401K. She also emphasized the importance of having your own home as opposed to just sticking with renting out an apartment. I know that's a no-brainer, is it not?

Anyway, if you want to know more about her financial fitness program, go to Suze Orman's website. You'll be amazed!

Sweetalicious`SmuacKs
10:21 AM

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