Detailed text transcripts for TV channel - CNN - 20110412:19:44:00
Donna, what is your word for him? >> well, first of all, robert is in a good position to start saving, because he doesn't have any debt. but what i recommend with is an emergency saving fund and you want to put away six months savings to cover things that you may not be sure about if lose your job or unexpected car repair. and get a 401 from the job and great place to get contributions matched. so it is a difficult to save, so my advice is to make it automatic like the 401(k), and try to take the savings out of the paycheck before you hit, and then you will be successful. >> yes, automated sav...