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Money and Finances
Reply to "I need to cash out my 401k"
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[quote=Anonymous]i would do it, cut other expenses as much as you can, and arrange for an automatic deduction into a totally separate savings account for some of the money, so that you can build up an emergency fund. ideally make it a separate bank and don't get an ATM card, or if you do, put it in a locked drawer somewhere so it's not easy to use. You will feel SO much better with a few thousand saved in the bank and no debt. you say you won't use cards again but you know emergencies will come up so you can really only keep this vow if you have some money set aside.[/quote]
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