Q&A Replay 02.08.2023: Borrowing from Your 401k & Investing

Today's Q&A replay is sponsored by the Family Finance Mom Economic Workshop series. Build your economic literacy with a 6 workshop series to learn what causes economic cycles, how the free market works, the impact of human behavior on the economy and more. Knowledge builds confidence and empowers you to make better decisions for you, your family and your future.

ENROLL NOW: http://familyfinancemom.teachable.com/p/economics-workshop-series

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At the request of Family Finance Mom followers, I am now posting Monday & Wednesday LIVE Q&A replays as podcast episodes! To submit your question, be sure to follow me @FamilyFinanceMom on Instagram. Look for the question box in my stories ahead of LIVE Q&A every Monday and Wednesday at 9AM ET.

Today's episode addresses the following questions:

🐷 How long will your HYSA referral code work?

>>> REFERRAL LINK: https://www.marcus.com/share/MEG-GV1-MQFV

🐷 Thoughts on using only cash vs credit cards (always paying in full each month)?

🐷 Should I take out a 401k loan to pay off high interest debt?

🐷 Kids college loans are adjustable rate. We cannot refinance until they graduate. Other options?

🐷 Example of a long-term vs short-term stock exchange

🐷 Do you ever cover how to pick funds/stocks? How to research?

>>>INVESTING RESOURCES:

Investing Workshop Series > http://familyfinancemom.teachable.com/p/investing-workshop-series

Investing for Beginner Series on the blog > https://familyfinancemom.com/how-to-start-to-invest/

Where to Invest Money: ETFs vs. Mutual Funds vs. Index Funds > https://familyfinancemom.com/how-to-start-to-invest

10 Things to Know About a Stock on the blog > https://familyfinancemom.com/investing-in-stocks-101/

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