Submitted by coldbloodedcreatures t3_10pnh4v in personalfinance
CeruleanSaga t1_j6lph7h wrote
Reply to comment by coldbloodedcreatures in Found myself unexpectedly pregnant. Need to get my s**t together by coldbloodedcreatures
I'd rather you borrow from your 401k than reduce contributions.
You can only put so much in per year, you don't get that window back.
Borrowed funds can be paid back. And market rates of return are unlikely to beat savings in credit card interest.
That said, I agree with others, $6k is low enough that either of the above can likely be avoided - but it may take some major self discipline.
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