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February 19th, 2018

524-Why You Shouldn't Use Your 401(k) Money To Pay off Credit Card Debt When You're Unemployed

  1. 524-Why You Shouldn't Use Your 401(k) Money To Pay off Credit Card Debt When You're Unemployed Joshua Sheats 32:24

Today we answer this question: “I have accumulated $6,000 in credit card debt from a period of unemployment; should I use some of the $10,000 I have in my 401(k) to pay it off?” Enjoy,

Joshua

Joshua Sheats Teacher, Host, Broadcaster, Entrepreneur

Joshua J. Sheats, MSFS, is the world's leading authority on integrating lifestyle goals and money goals without conflict. He teaches normal people how to seamlessly connect the science of financial planning with the joy of goal achievement.

Joshua is dedicated to helping normal people achieve financial freedom by merging creative (and crazy) ideas from the world of personal finance with the academic integrity of formal financial planning. He simplifies complex money topics and makes boring financial mumbo-jumbo less boring.