I was listening to Howard Stern yesterday, and he was talking about his 'savings program' when he was younger. The program was simple: With every paycheck, he would purchase a Bond. Its a lesson he said he learned from his father early in life. I didnt get those lessons from my parents and am playing catchup much later.
At any rate, I realized that I dont really have a formalized program like that. My TSP and Roth are automated with every paycheck, but I dont have a program for aftertax investments. Right now its just paying down on debt.
So Im curious what program people use? Is it set up automatically or do you have to manually do the transfer? Any recommendations or advice on areas to look into or avoid?
At any rate, I realized that I dont really have a formalized program like that. My TSP and Roth are automated with every paycheck, but I dont have a program for aftertax investments. Right now its just paying down on debt.
So Im curious what program people use? Is it set up automatically or do you have to manually do the transfer? Any recommendations or advice on areas to look into or avoid?