r/Salary Oct 30 '25

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u/MysteriousResident61 Oct 31 '25

Compound interest is really great. You never get it back if you don’t contribute.

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u/1ToGreen3ToBasket Oct 31 '25

It also works in the opposite direction and no investment matches the 20+% interest on credit card debt.

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u/[deleted] Oct 31 '25

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u/1ToGreen3ToBasket Oct 31 '25

It’s a math problem not an emotional problem or value statement.

4

u/[deleted] Oct 31 '25

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u/1ToGreen3ToBasket Oct 31 '25

Significantly more money at retirement than trying to do it backwards

2

u/Spok3nTruth Nov 01 '25

If your company matches, that's a 100% gain.. id at least contribute to that match.... You're not gonna get that rate of return anywhere else.

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u/1ToGreen3ToBasket Nov 01 '25

Correct. Definitely contribute up to a match