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Forbes: How to Save Money When You're Broke

Take Advantage of Company Matches

If you are still working, your company is willing to match your retirement savings and you have a small amount of debt, consider just making the minimum payment each month on your debts while funding company plans. If you can, reach the maximum amount that your employer is willing to match. That match will likely make up for the additional interest you have to pay by taking a little longer to pay off your debts. If you have a larger amount of debt, it will usurp more of your income and make it more difficult to set aside funds for retirement.


More From Forbes:
Ten Steps To Get Your Retirement Back On Track
25 Best Places For A Working Retirement
10 Best Countries To Retire To in 2013

The opinions expressed are solely those of the author and do not necessarily reflect the views of Comcast.

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