Latest / Financial Coaching for Women: How To Budget, Manage Money, Pay Off Debt, Save Money, Paycheck Plans
284 | Debt Payoff Strategies: Is Selling Stocks Worth It to Pay Off Your 401k Loan?
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In this episode, we sit down with Budget Bestie Natalie, who’s navigating the tricky waters of paying off debt while managing investments. They discuss strategies for handling 401k loans, the pros and cons of selling stock to pay off debt, and the importance of sticking with long-term investments.
Key Points Discussed:
401k Loan Payoff:
Natalie’s excitement about paying off her 401k loan by October.
The unexpected tax issues that delayed the payoff.
Investment Decisions:
Natalie’s work-provided stocks and whether to sell them to pay off debt.
The wisdom of…
The skinny
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