Thread: Ask El Diablo
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  #19  
Old 01-29-2007, 10:01 AM
samjjones samjjones is offline
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Join Date: Sep 2003
Posts: 9,415
Default Re: Ask El Diablo

Diablo - my wife is a complete retard when it comes to money management. For example, instead of maximizing a 401K with matching company contribution, she will put $5K in a CD and make $120 in a year. Her justification is "you can't touch the 401K for another 35 years anyway!"

I love her dearly, but I'm afraid that she will never understand the concept of compound interest. What should I do?