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Parental Advice (lemmy.zip)

submitted 9 months ago* (last edited 9 months ago) by [email protected] to c/[email protected]

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What is a good piece of advice from your parents or that you’ve learned that others may not know or that you wish you were told as a child/teen?

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[–] [email protected] 3 points 9 months ago

You get to choose how your 401k is invested, though. The only difference is a tax advantage.

The advice is just: save money, let it grow using compound interest, use tax laws to your advantage.

There's no "trust the government" in that advice.