Borrowing against a 401k is one of those things that no one wants to do but simply may be unavoidable for one reason or another. An emergency situation could force you to borrow from your retirement to meet your liquidity needs. But if you are considering borrowing against your 401k plan, please be aware of…
Tag Archive: savings
Emergencies for Your Emergency Fund Part 2
So last week, we started talking about 5 real emergencies that you should prepare for with your emergency fund. Those emergencies included the lost of a job, troubles with your car, a new addition to the family, the lost of a family member, and repairing damages to your home. So what are some other real…
Is Getting a Raise a Really Just Curse in Disguise?
If you’re one of the lucky ones this year, you’ll be in line for a raise. You’ve worked hard and shown your worth so it’s only right that you’re getting a raise. First of all, be thankful that you are even in a position to get a raise with so many people losing their jobs…
How Everyone Can Make a Million Dollars by Age 65
If you are reading this and hoping for a get rich scheme, I’m sorry to tell you that you won’t find it here. However, keep reading, because you will gain extensive knowledge on how to stop wasting your money and taking essential steps to rid yourself of your debt and save for the future. From…
Seven Lessons I’ve Learned While Being In Debt As a Young Adult
I, and now my wife, have been in debt ever since enrolling into college. After college, like many, we both got a good paying job. However, you quickly find that being on your own results in many purchases, most of which are needs in order to live a comfortable life. We all have a cell…
