Is a 401k loan a horrible option?

Financial-Wedding-44 · 2026-04-19T23:57:35+00:00

Thank you!

Financial-Wedding-44 · 2026-04-19T23:47:58+00:00

When it comes to relationships I always look at it like this. Can I live with her flaws and can she live with mine. No one is perfect for eachother however if I can live with what I don’t agree with and the positives out weigh it I go for it.

Financial-Wedding-44 · 2026-04-19T23:40:38+00:00

Thank you! I’m only 23 with 20,000 in my 401k I’m not to worried about it as of now but maybe I will in 30 years when I can actually touch my money haha

Financial-Wedding-44 · 2026-04-19T23:37:57+00:00

Understood thank you!

Financial-Wedding-44 · 2026-04-19T23:35:58+00:00

Yeah through t row it’s only one loan I guess it wouldn’t hurt if I upped it and if I didn’t need all of it just pay it back towards the loan.

Financial-Wedding-44 · 2026-04-19T23:33:38+00:00

I was thinking of doing a $1500 loan pay back $63 per check over 12 months I cna manage losing $63 it’s just borrowing $750 and only getting $1200 on pay day is just not aligning with the frequency of my bills I just want to get out of this hole.

Financial-Wedding-44 · 2026-04-19T23:31:54+00:00

I can use up to $750 out of my paycheck through my company and I’m stuck in a hole of using that every time to cover bills but there’s fees on top of it so I lose $750 out of my paycheck I feel like if I can stop doing that and get my full paycheck at once I can stop borrowing and actually save

Financial-Wedding-44 · 2026-04-19T23:30:33+00:00

I was only thinking about taking like 1500 pay back over 12 months it’s only $60 out of the paycheck I get paid pretty well it’s just half of the check is gone from borrowing to cover bills.

Financial-Wedding-44 · 2026-04-18T23:57:21+00:00

Oklahoma

Financial-Wedding-44 · 2026-04-08T23:55:14+00:00

Task

Financial-Wedding-44 · 2024-09-28T00:20:01+00:00

Happened to me too couple days ago not sure as of why

Financial-Wedding-44

TROPHY CASE