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HI everyone,

A little while back I posted that I made the decision to borrow from my 401k to pay off a lot of debt. Well, so far so good !

I know its a little soon for an update, but boy am I glad I took the loan out when I did. The stock market went way down the next week. The good news is along with my payment and my contribution, its buying more shares at a time. It's also helped my decision on increasing my contribution after I have paid it off. I guess its a blessing in disguise.

Anyway, i'll update you on any progress or if anything weird happens...lol
 

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We did the same thing. We lost over $1500 in one week. Dh decided to take a loan and we paid off several bills with it. The nice thing with this loan is the interest we pay goes right back into our 401.
 
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