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Reply to "If you grew up poor, what are some financial things you wished you had learned earlier?"
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[quote=Anonymous][quote=Anonymous]If you grew up poor, what are some financial things you wished you had learned earlier? Any bit of knowledge or financial wisdom that became clear to you as you climbed the ladder that you wished you had known? Beliefs that were wrong and you realized them only later?[/quote] DON'T get an American Express card until you have a high-paying job with lots of financial cushion. Never get revolving credit. The type of car you drive means absolutely nothing unless you're a real estate agent. If interest rates are historically low and will be - there's simply no advantage to a CD. It just ties up your money. Always, always contribute to 401(K) and especially if there is matching. Never withdraw $$ from 401(k). Coupons will not save you money in the long run. [/quote]
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