Should I Take a 401(k) Loan to Pay Off My Credit Card?

You’ve found yourself in the situation where you have enough in your retirement account to pay off your credit card balance.  If that retirement account happens to be a 401(k), you may have the option to take a loan against the balance, instead of making a withdrawal. With a withdrawal, you’re going to owe taxes,…

Settlement Success: Settling an Unpaid Medical Bill

Recently, we discovered an unpaid medical bill (from a laboratory) from 2014 that had apparently been overlooked by Don.  He’s not great with administrative and paperwork-related tasks (sorry, honey!), so it was mid-2016 before a collections notice came to the house and I realized that this bill was more than 2 years overdue! Of course,…

Progress is Made: Settling Credit Card Debt with USAA

Wow, this is scary stuff to publish online!  After all, who wants to air their dirty laundry, particularly when it comes to finances?  But, in order for us to achieve our goals, we need to take a good long look at reality, and make some forward progress. Toward that end, we started working with a…