Zen Penny

Seeking the Path to Financial Nirvana

Archive for May 2007

A Small Financial Victory

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For the past year or so, I’ve been encouraging my girlfriend to participate in her employer’s 401(k) plan. I’m honestly quite jealous the plan they offer because it is managed by Vanguard and the employer match is fantastic. Much better than mine.

Well, I think the pestering finally paid off. She went to the 401(k) orientation meeting that Vanguard presents every few months at her workplace and decided to sign up. She finally realized that not contributing is like throwing away free money. Plus, she will realize great tax benefits next year too.

This makes me feel good. Not only for her, but for us. Our financial futures will be that much more secure.


Written by Zenpenny

May 4, 2007 at 6:47 am