A recent article in the New York Times highlighted what many students already knew - that not only was college getting more expensive, but the amount of federal
aid available to students was decreasing as well.
You've got your cap and gown, and are ready to graduate! Congratulations - and get ready, because the very real world of personal financial management
is coming your way, and it's not all wine and roses.
So, great, you've got a 401(k). Now all you need to know is how to use it. Making 401(k) investments, like having a car, is useful only if you can
avoid crashing.
If someone offered you free money, would you refuse it? Probably not. But that's just what you're
doing if you don't contribute to your 401(k). The more you contribute, the more free money you get.
Here's why.