Stupid Tax #1. When my ex decided to move out, I pulled money out of my 401(k) to pay off the debt I was left with. I thought the 401(k)company pulled out the taxes AND the penalty before sending me the money. When it was tax time, I learned that wasn’t the case. So, with all my credit cards paid off (but still spending with no budget)… I put my tax bill on a Credit Card that I kept for emergencies.
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Stupid Tax #1. When my ex decided to move out, I pulled money out of my 401(k) to pay off the debt I was left with. I thought the 401(k)company pulled out the taxes AND the penalty before sending me the money. When it was tax time, I learned that wasn’t the case. So, with all my credit cards paid off (but still spending with no budget)… I put my tax bill on a Credit Card that I kept for emergencies.
Read more…
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Parkey Thompson - Financial Focus - Dave Ramsey Certified Counselor
Parkey Thompson.
