Secrets of Success

Split Your Raise




Many emloyers give annual evaluations and merit increases. If you are in this group....each year you should save 1/2 of your raise. Either increase your 401k contribution by 1/2 of your merit increase or put those monies in a savings to investment vehicle! It will suprise you what you will have in a few years!! emoticon

This Sparked Me! Leave a Comment
Please note these are member-submitted secrets and are not reviewed by SparkPeople's health experts for accuracy. If you feel a secret is inappropriate, please click Report Inappropriate Secret and our staff will review it.

Member Comments

  • TDOGG1225
    Always a good plan! My last increase put 12% in 401K. Amazing what builds in 6 months!! emoticon - by TDOGG1225

Leave a Comment

Leave encouragement, a question, or anything else relevant to this. All comments must abide by SparkPeople's Community Guidelines.

Log in to post a comment.