The 404 351: Where we decode our paychecks with the Jill of all trades

It's no surprise that Jeff, Wilson, and Justin don't know Jack about the economic financial crisis, so we invite CBS MoneyWatch.com's Editor-at-Large Jill Schlesinger on the show to break it all down.


It's no surprise that Jeff, Wilson, and Justin don't know jack about the economic financial crisis, so we invite CBS MoneyWatch.com's Editor-at-Large Jill Schlesinger on the show to break it all down. She preps us with tips on what young people can do to secure a stable future and she gives us three very important ways to keep the money we earn.

CBS MoneyWatch.com

First of all, be sure to have six months of living expenses in the bank. If you don't have a steady, stable job like a tenured teaching position, a three-month rainy day fund in the bank will do you some good, if, God-forbid, something happened. Second, pay off your debt. Sounds obvious, but most Americans haven't saved a dime since the '90s.

Last thing she says is to take advantage of your company's 401k. Yes, your parents retirement and pension funds might be gone, but if you're like us, in our 20s and barely employed, you should throw money into your 401k. If you want, Wilson will manage your 404k--if you want a negative return on your investment.

Unfortunately, we didn't have time to show off all of your submissions for our logo contest, but let's face it: some things are more important than logos. But rest assured that we're going to go over ALL of them on tomorrow's show, not to mention a huge "Calls from the Public" to make up for today. Keep sending in your submissions to the404 [at] cnet [dot] com--they've all been amazing. We've gotten so many that we're EXTENDING the contest to next week! Don't forget: all submissions should include a JPG/PNG as well as a high-res file. Thanks all!


EPISODE 351



Download today's podcast

Subscribe in iTunes audio | Suscribe to iTunes (video) | Subscribe in RSS Audio | Subscribe in RSS Video






About the author

Wilson G. Tang is a producer for CNET TV. He hosts The 404 Podcast, which is a daily talk show about the intersection of technology and pop culture. He also writes, shoots, edits and produces for CNET. In addition, he is an award-winning filmmaker and storyteller, with several short narrative and documentaries under his belt.

Justin Yu

Justin Yu covers headphones and peripherals for CNET. When he's not wading through Web gulch or challenging colleagues to typing tests, you can find him making fun of technology with Jeff Bakalar every afternoon on The 404 show. See full bio

 

Join the discussion

Conversation powered by Livefyre

Don't Miss
Hot Products
Trending on CNET

HOT ON CNET

Is your phone battery always at 4 percent?

These battery packs will give your device the extra juice to power through all of those texts and phone calls.