Are you thinking about borrowing against your 401k? With the value of your 401k going down, wouldn’t it be better to use it before you lose all of it? Unless you are facing foreclosure or bankruptcy, you should NOT borrow against your 401k and here’s why: The loan is tied to your employment. At some [...]
Top 5 Reasons Not to Borrow Against Your 401k
posted by mimp-staff Category: Dave Ramsey Counselor Labels: 401k bankruptcy budgeting and finance coach melissa debt coaching financial coaching foreclosure melissa cappleman paying off debt
20 May 2009