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I didnt have money left over to save.
I spent every bit of my paycheck and hoped to avoid going into credit card debt, she said.
She said she course-corrected when she started automatically putting money into retirement accounts.
If you recognize this pattern in your own finances, now is the time to change.
Automate your savings and start small.
Even the smallest contribution can grow over time.
I didnt really understand the difference between a Roth IRA vs. a traditional IRA.
And to be honest, I didnt want to take the time to figure it out, she said.
I wish I had started with Roth IRAs, but I didnt.
Now, I use both, depending on which tax bracket Im in and considering my age.
I Thought Investing Was Too Complicated
Musson also avoided investing because she thought it was hard.
Investing can be as complicated as you want it to be.
But if the thought of that overwhelms you, you dont have to do that.
So if you havent already, start taking back control of your finances now.
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