Visit msnbc.com for breaking news, world news, and news about the economy
In case you missed me this morning on NBC’s Today Show – Money 911 segment make sure to check it out now!
Live Rich,
David Bach
Visit msnbc.com for breaking news, world news, and news about the economy
Check out the latest video I did for Today.com!
Question: I just started my job about a month ago and we have the option of a traditional 401(K) and a ROTH 401(K). I am 22 years old, have a long career ahead of me and don’t have huge amount of expenses. Which would you suggest?
My Advice:
- Your goal is to max out the retirement account
- You can use a traditional 401(k) and get a tax deduction
- Or have no tax deduction upfront with ROTH 401(k) Plan – (but remember you will have to pay taxes when you take the money out later.)
- I suggest, put half into each of the plans
Hope this helps!
Live Rich,
David Bach
Check out the thought-provoking interview I did with my good friend and New York Times bestselling Author of The Answer and Having It All – John Assaraf.
In this interview you will learn:
Enjoy and let me know what you think by commenting below!
Live Rich,
David Bach
P.S. Make sure to vote for me in on GoBankingRates.com 12 Days of Finance: Who Is the Most Popular Expert of 2011?
Visit msnbc.com for breaking news, world news, and news about the economy
Hi friends,
If you missed me this morning on NBC’s TODAY show “Money 911” segment make sure to watch this clip. Learn my recommendation for how to invest and budget after getting a hike in pay!
Also, I wanted to take a second and say a quick hello and Happy Holidays to all of you! Check out my quick message to you!
Live Rich,
David Bach
Visit msnbc.com for breaking news, world news, and news about the economy
Check out the latest video I did for Today.com!
Question: I’d really like to find a credit card that has the best airline mile rewards. I won’t be traveling much, so the miles are going to be saved up for big trip purchases. Do you have any suggestions for a card great accumulating no hassle miles?
Answer:
- Pick a generic credit card with a variety of point offers
- Look at how many points you get per dollar you spend
- Check out CreditCard.com to compare card offers
- Check your mail for good offers!
Hope this info helped you!
Live Rich,
David Bach
Visit msnbc.com for breaking news, world news, and news about the economy
Hope you were all able to tune in to NBC’s TODAY Show Money 911 and watch me answer America’s Money Questions, if not watch the video above. Afterwards, I did a live chat where I answered MORE of your questions! If you missed the CHAT make sure to CLICK HERE and check it out! Hopefully, my answers can help you!
Live Rich,
David Bach
Visit msnbc.com for breaking news, world news, and news about the economy
Make sure to check out my latest video from Today.com about ways to save when it comes to Holiday Shopping! I discuss my Top 4 Tips on how you can save BIG this Holiday Season, then we take some tips from Today Show Viewers on their ways to save!
MY TOP 4 TIPS -
1) Create a holiday shopping budget – from the very beginning!
2) Make a list for the people you MUST buy gifts for.
3) Shop online at stores like amazon.com (that’s where I do the majority of my shopping.)
4) Shop early to get the best bargains!
Live Rich,
David Bach
Visit msnbc.com for breaking news, world news, and news about the economy
Hi all,
Each week, for the next 8 weeks, I will be answering questions from viewers of NBC’s TODAY Show on TODAY.com. Check out my first Q&A on the topic of debt consolidation. Get my advice on consolidating debt from multiple credit cards and then learn the mistakes many people make when doing it.
Live Rich,
David Bach
Visit msnbc.com for breaking news, world news, and news about the economy
If you missed me on NBC’s Today Show – Money 911 this morning, make sure to check it out now!
Live Rich,
David Bach
Visit msnbc.com for breaking news, world news, and news about the economy
For all of those who missed me on NBC’s Today Show – Money 911 this morning make sure to check out the segment now! Today we discussed 401ks, the best online budgeting websites, and student loans. Enjoy!
