I Will Teach You to Be Rich: No Guilt. No Excuses. No B.S. Just a 6-Week Program That Works.

by Ramit Sethi

action steps week three 1 Open your 401(k) (three hours). Get the paperwork from your HR manager and fill it out. Check to see if your employer offers a match. If it does, contribute enough to get the full match. If not, leave your 401(k) account open but contribute nothing. 2 Come up with a plan to pay off your debt (three hours). Get serious about getting out of debt. Revisit Five Steps to Getting Rid of Credit Card Debt in Chapter 1 and see Student Loans—Pay Them Down or Invest? in Chapter 9 for ideas on how to pay off your credit card debt and student loans. Run a calculation from bankrate.com to see how much you could save by paying an extra $100 or $200 per month. 3 Open a Roth IRA and set up automatic payments (one hour). Send as much as you can, but even $50/month is fine. We’ll dive into the details a little later. 4 Find out if you’re eligible for an HSA and, if you are, open your account (three hours).