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Image by ♥ China ♥ guccio via Flickr
Today’s post is going to be a little brief. But don’t mistake that for the effect this little game changer can have on your ability to get out of debt and free up extra time.
Wednesday nights at 9PM. If you were to drop in on me on almost [...]
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Image by MJTR (´･ω･) via Flickr
No!
This question has come up several times over the years. I have never seen a scenario where cashing out your 401k or IRA to pay off debt would make sense. Here is the main reason why:
You will lose upwards of approximately 40% of the principal amount to income taxes [...]
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Image by edmittance via Flickr
Here is a video from Free By 30 on a few simple steps you can take to get out of debt sooner. Getting out of debt is one of the core beliefs here at The Wise Buck. I believe that when you get out of debt, you can allow yourself to [...]