Money Girl: How to Grow Wealth

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I read one of the other comments about it being hard to be in your 20's and save money and I have to agree - I'm 27 and it can be a struggle so you have to do it little by little. Through my job, I already have a retirement plan and I have some small stocks, but the big takes time. I actually opened a savings account when I started cutting down bills last year - little ones and big ones. I started with the easy stuff like my cell phone and that was so easy to cut down when I switched to prepaid - it is a difference for me of about $80 and I have more options then before with Straight Talk. A lot of people can save easily by switching to a prepaid phone carrier and not loose anything except extra fees so a bill can go from $100+ to less than $50 and the person has more options. To me, its about shopping around and really considering what you're paying for.

Fannie Aries of FL 7:44PM February 26, 2011

While not in my 20's in fact far from it, not everyone has the job to sock money away, nor do they have the careers just yet, or ever that will allow them to save. If you are on your own, renting a room, working part-time, going to school part-time or full-time, paying for food, and public transportation where does the money come from.
If you can't live at home, and you are working retail, or doing time at a fast food chain until the economy opens up you are living hand to mouth existence, keeping your head above water is just about all you can do. That was my reality, and I am sure there are others who are experiencing the same thing today.

patty of MD 7:51PM February 17, 2011

Investing
I am looking forward to reading your book, but I do have one question that I would like to ask (and maybe you answer it in your book).
I believe that when you are in your 20s, you should be hyper aggressive in the stock market. You have plenty of year to earn more throughout your career, why not take on more risk?
What are your thoughts on this as supposed to just investing in an all stock blue chip portfolio?
-HedgeHoncho
http://hedgehoncho.com

HedgeHoncho of VA 5:51PM February 17, 2011

I am looking forward to reading your book, but I do have one question that I would like to ask (and maybe you answer it in your book).
I believe that when you are in your 20s, you should be hyper aggressive in the stock market. You have plenty of year to earn more throughout your career, why not take on more risk?
What are your thoughts on this as supposed to just investing in an all stock blue chip portfolio?
-HedgeHoncho
http://hedgehonch.com

HedgeHoncho of VA 5:50PM February 17, 2011