Borrowing From Your 401(k): A Financial Sin

When we put money into our retirement accounts we do so for a specific purpose: retirement. All the money you have funneled into your 401(k) is supposed to buy you that dream retirement lifestyle you spent your entire life working toward. But unfortunately, more and more people are finding that life can throw them curveballs that, in turn, can throw off their financial plan. Often times, when people find themselves in a financial bind, they find it hard to ignore that shiny apple hanging in front of them in the form of their 401(k).
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Don’t Put These Things on Your Credit Card

With the economy slowly but surely recovering many Americans are pressed to put more and more expenses on credit cards, but that seemingly cheap credit acts like a snake in the grass. A readily available stream of cash can be as intoxicating as any heady ambrosia, but it’s paramount that you remember all those purchases do in fact have to be paid back in full (with extra if you let interest charges build up!). With that in mind, there are a few major expenses that should never be put on a credit card; to be frank, you absolutely will regret it later if you do. The following list contains a number of expenses that should never be put on a credit card.

 

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