Here are three questions from Twitter Followers
Question :
Is it really that bad to borrow against 401K in cases of emergencies. I’d rather that than a Payday loan right?
Answer :
When it comes to your retirement savings in a 401(k) plan, your goal should be to let that money grow so you have funds for retirement. Don’t consider this money as part of your emergency fund. And yes, I would rather you stay away from a payday loan, which is a debt that a borrower promises to repay out...Read more:A Payday Loan or Borrowing Against a 401.000?
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