Hope I am making the right decision. I was listening to Dave Ramsey last night when he told a caller it was ok to hold off from contributing to their IRA temporality in order to save for a house. So I decided to hold off until the end of the year and use the $100 that I was contributing to pay down my car. I really want my car balance as low as possible by the end of the year. I figure I am already paying an extra $100 how about making it $200. I just hope I made the right decision
Any how, I received a copy of my cancelled check so I am sending it to Equifax trying to clean up my credit; I am also filling out the loan papers through the credit union to refinance my car at a lower rate
Decisions
May 8th, 2008 at 02:01 am
May 8th, 2008 at 02:11 am 1210209073
May 8th, 2008 at 03:22 pm 1210256556
Of course, for us this was a very serious decision since housing costs were out of control. IT was important to get into a home, to keep our costs down for life, and we did get in well before the boom.
But overall I don't think the world will end if retirement takes a back seat some times in life.
May 8th, 2008 at 05:14 pm 1210263280
Since you think you are going to buy your house this year, you might have some time to get some of your 401K money in next year. You will have until April of 2009 to contribute to your 2008 fund.
I don't know if you are maxing out your retirement fund now, but you could plan on maxing out as much as you can in the future once you have more funds available from your job.
May 9th, 2008 at 12:33 am 1210289593
May 9th, 2008 at 01:36 am 1210293381
May 9th, 2008 at 01:49 am 1210294141
I am not sure I thought there was a penatly but not as much as the fill 10% that you are hitt with twice