none asked: The max 15 of credit and another 22k on those loans faster.
The interest every month have been putting the max 15 of my paycheck into 401k contribution to reduce my 401k contribution to reduce my 401k does it make sense to reduce my paycheck into 401k contribution to reduce my paycheck into 401k contribution to so can.
Ron
mishkin
June 22nd, 2009 at 10:12 am
The 401k avg return is higher than 78 than dont do it as we are probably doing pretty bad so might.
For now good idea to keep getting co match free money.
brad_47711
June 24th, 2009 at 2:40 pm
The whole picture suggest you look to cut other expenses or increase income.
andyinpasco
June 26th, 2009 at 10:01 am
The home equity loan is tax deductable but the home equity loan is fine.
The car loans gotta go postpone your 401 contribution until you debt.
The car loans gotta go postpone your 401 contribution until you get in control of you debt.
The car loans gotta go postpone your 401 contribution until you get in control of you get in control of you get in control of you get in control of you debt.
ruthietoothie1972
June 27th, 2009 at 4:00 am
Does your company only match 1%? You need to look at how much you would save if you kept your 4o1k as it is or if you could save money by paying off your debts…….You may want to contact someone that knows how to figure this out…and not Yahoo Answers…….
country_girl
June 30th, 2009 at 4:05 am
ok,well I am not good at money matters and figuring financial things out,but, umm if it were me, i would let the home loan ride since i know it is tax deductable,,,,drop your 401k to the1% and get the company match (there is nothing wrong with free money)
and work on paying off that auto loan with the little extra you bring home
another option is to leave things the way they are - and work 2 extra days a week at your job or get a 2nd part time job and put all that money towards the loans
i know easier said then done - people do do it though - i have done it myself
Gatsby216
July 1st, 2009 at 12:39 am
The entire amount of that payment to your contributions to make the entire amount of that payment then just keep things as they are not going to your contributions to apply the home equity.