Being in debt can stall or stop your dreams from becoming a reality. The following action steps, when followed and repeated, can help you pay off your debt and get you closer to the life you want to live.
Sometimes life throws you a curveball, and you find yourself in a financial jam that requires some quick cash. Taking a loan from your 401(k) plan sounds like an easy solution. After all, you’ll be borrowing from your own retirement account and paying yourself back with interest. Sounds reasonable enough, right? Not always.