Your first paycheck · Lesson 3 of 12
The account that grows
A savings account keeps money safe. A retirement account lets it grow for decades without being taxed along the way, and if your job offers one with a match, that match is free money on the table.
If your job has no plan, you can open a Roth IRA yourself in about ten minutes, and money you put in as a teenager or twenty year old has more time than any money you will ever put in again.
Opening your place…
Previous: The first hundred dollars you never seeNext: The first credit card, without the trap