Tag Archive for: emergency funds

401(k) Hardship Withdrawals Are At Record Highs: What They Really Cost You

Financial experts warn that while 401(k) hardship withdrawals can provide emergency access to funds, they often come at a high cost. Alternatives such as 401(k) loans, credit cards, or home equity financing may be less damaging in the long run.

3 Financial Mistakes You’ll Regret During COVID-19

The moves you make in the coming weeks or months could spell the difference between emerging from the crisis financially unscathed or hurting for years. For three big mistakes it pays to avoid at all costs, CLICK ON THE HEADLINE

In Coronavirus Economy, Financial Advisers Telling Clients These Three Key Things

As millions of Americans struggle to adjust to a “new normal,” it is no surprise that many are checking on 401(k) balances, investments, and portfolios. To calm fears amid the current market climate, here are three pieces of advice that some advisers are sharing with clients. CLICK ON THE HEADLINE FOR MORE

Worried About A Recession Threat? Protect Yourself But Don’t Panic

Worries about the economy just increased when a fairly reliable recession warning emerged from the bond market. But now is a time to prepare, not panic. Financial experts say consider taking certain steps that are beneficial in any economy, CLICK ON THE HEADLINE FOR MORE

Six Disturbing Personal Finance Trends To Be Aware Of

The latest sloppy American financial tendencies are worrisome. But if you're mindful about the financial choices you make, you can avoid falling victim to these six troublesome personal finance trends. CLICK ON THE HEADLINE FOR MORE