It may seem like it will take forever to pay off debt. But there are plans to make it happen. These three work, and one of them best of all.
Tag: debt snowball
“I’m Paying Off Debt But May Be Laid Off; What Can I Do?”
Being laid off is a huge setback. But it's important to think carefully when you have that fear. Consider this if you have that concern.
“Should I Be Cashing Out My 401k to Pay Off Debt?”
When I receive a question about cashing out a 401k to pay off debt, my short answer is generally no. It entails a lot of unrecoverable loss of long-term growth. We can make more money, but we cannot recover time. Nonetheless, there are some limited circumstances in which cashing out a 401k may be the … Continue reading “Should I Be Cashing Out My 401k to Pay Off Debt?”