Where to save first?

 

    I was asked "If I’m just starting to save, where should I put my money first?” Job, Job, Job, it all starts at work, take advantage of those 401k accounts. When a company matches some or all of your contribution you've made an instant return on your savings. When they don't contribute or match, you should still contribute. Contributions reduce your taxable income at tax time, so you still get an instant savings. Reducing your taxable income is a big part of saving for you future. Look for more posts on saving and tax strategy in the future from the Finwiz.