Don't want to be rich? Take these steps
Posted
May 19 2008, 10:14 PM
by
Karen Datko
Do you want to be absolutely sure that you'll work many long years and retire with little more than a paltry Social Security check? Then make sure you read and obey Kevin's "10 steps to avoid becoming a millionaire" at No Debt Plan.
This blogger manages to put a humorous spin on a very sobering topic. Here's No. 6: "Ignore work benefits. 401(k) plan? Sounds kind of funny to me. Why would the company want to give me money? Plus, I'd miss that 3% in every paycheck."
Here are a few more samples from this worthwhile post:
You should also spend more than you earn. "If the credit card company is willing to let you pay off that plasma TV next year, why shouldn't you? You're in your prime!" Kevin says.
Accept the salary you're offered. "Negotiating is a hard, scary process," Kevin observes. "Don't bother with it and just be happy you have a job."