UnThreaded | Threaded | Whole Thread (22) | Ignore Thread Prev | Next
Author: fredinseoul Big red star, 1000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 308232  
Subject: Re: New Issue Calls for Strategy Adjustment Date: 5/20/2001 6:41 PM
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Recommendations: 1
Sean,

What about umpiring? Is that bringing any extra money into play here?

While I agree with the others that you should pay off debt, then save, I think that contributing the employer match amount is a good idea psychologically. To me, the fact that even in the deepest parts of debt that I was making some investment in my future gave me some hope. For many months, that was the only nickel I saved.

Comfort level is important. If you are comfortable stopping the 401k and really pushing the extra money towards the debt do so. Then again, if you sleep better at night knowing that you are saving something, do so.

Good luck Sean, though it seems very dark now, the answer is there, it just doens't look like it.

fredinseoul
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (22) | Ignore Thread Prev | Next

Announcements

TMF Credit Center
The Motley Fool Credit Center arms you with real tools and simple messages, that will help you in every credit situation.
2013 Feste Award Voting Begins!
Who will win the 2013 Feste Award? Vote now for the Fool that most exemplifies the Fool Community mission of Learning Together!
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Post of the Day:
Tax Strategies

TMFPMarti-Feeling Good
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and "#1 Media Company to Work For" (BusinessInsider 2011)! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement