Haha… sounds about right :)

I finally caved and let Mr. Mt buy the shiny toy he has wanted the last 8 years. As we were driving home all I could think was, “Crap, now how am I going to explain this on the blog?!” =)

Hopefully he’ll share it with all of us in the future so we can learn and be inspired! :)

Knowing and doing are just not the same thing.

Great food for thought.

Great point! I did not ask, but you’re right – that could certainly skew things. Probably too hardcore for someone trying to get back on track, but not others who could be reading this. So thanks for sharing it :) Reminds me of when my company would match in that way so I’d turn up the heat to 90% of my paycheck going to my 401(k) until it maxed out and then had the entire year of plumper paychecks :) Which I couldn’t have done without having side $$ coming in (and making it even more motivational was that my employer matched 100% of 100% you put in – which was unheard of!).

Primarily this is for people who max out their legal contribution early in the year (so can’t contribute say for Nov/Dec), they will still get a match for that period.

Seems like your friend could contribute the maximum for the rest of the year (my employee limits it to 50% – up to the legal annual limit) and maximize his match for 2014.

Haha… I’m sure there’s truth to that! And a perfect way to hold yourself accountable too, as others have mentioned up above :)

That’s because there is no “right” thing :) Statistically there may be one, but most people don’t live their lives based on numbers as our feelings tend to creep in. So my opinion has always been to just “do what feels right” and then as time changes, and different life events occur, adjust and keep asking yourself “what feels right right now?” You can never go wrong paying off debt or saving/investing as either route grows your net worth.

Hah – sure, you go recruit and I’ll do the coaching ;)