One of the best money-related advice I received was from a wonderful gentleman I worked for in the 1980's. He said that when 401k is offered, always take it and contribute, it is free money your company is giving you while you also contribute. I took his advice and made it a habit to always contribute the most I could. It has paid off literally...I am now retired and my financial advisor has put the 401k's into index annuities for me. BTW I graduated Madison as well. Love you Judge Judy.