Invariably, every few months, we get a wave of posts talking about “what would you do if you won $x,xxx,xxx?” Or, what you would do with a smaller windfall. And invariably, a majority of the people talk about how they would save the money. And in some cases they are right. But, most of the [...]
With a recession (depending on whom you ask) upon us, would it have been wise for us to have taken a loan from our 401(k)s before it started? Bear with me here for a second. A loan from your 401(k) is pretty simple. You borrow the money from yourself and then repay it to the [...]
I was watching my local news when they did a spot on people who were vacationing a little closer to home this holiday season because of the economy or other reasons when one of the people who they interviewed blamed their need for staying closer to having lost money in her 401(k). Besides the fact [...]
