10-Minute Money Tune-Ups

Increase Your 401(k) Contribution by 1%

It may feel like a big deal to increase your contributions toward your retirement fund, but in actuality it takes less than ten minutes to log in to your online account and change your contribution amount. Today, make it your goal to increase your contribution by 1%. Give yourself some time to get used to it…and then plan to increase it by another 1% six months from now.

Although it’s tempting to feel guilty about saving for yourself rather than, say, socking away money for his college fund, remember: You can always take out student loans, but there’s no such thing as a retirement loan!