Posts Tagged‘loan’

4 Easy Ways You Can Finance Your Next Holiday (Even with Bad Credit)

Source: Unsplash | Vidar Nordli-Mathisen Studies have found that taking time away from work is necessary to maintaining your productivity. Taking breaks is necessary to recharge your batteries and renew your mind. The challenge many face is paying for it, since travel is rarely cheap. After all, you have to pay for transportation in addition to food, lodging and activities. Fortunately, it is possible to do this when you know where to look. Here are 4 easy ways you can finance your next vacation even with bad credit. Set a Budget The first step to finding a way to afford your…

Taking Out A Loan Against Your 401(k) Is A Bad Idea

Have you ever had the desire to take money out of your own pocket, lend it back to yourself over time, and pay a penalty for doing so? If not, then there is absolutely no reason you should ever want to borrow a loan out on your 401(k). The temptation may be there to do so, but you should resist the urge for the following vital reasons. 1) You Are Missing Out On Potential Stock Market Growth  A person puts their money into a 401(k) program to take advantage of the growth in the stock market over time. They cannot…