Tag Archives: retirement money

Gerri Detweiler and I Talk Honestly About Debt

Gerri Detweiler and I talked recently via Skype video about debt for a video blog she did for DebtConsolidationCare.com. Below you will find our discussion which surrounded the issues I brought up in my article The Honest and Unvarnished Truth About How to Get Out of Debt. @GetOutOfDebtGuy

Should We Use Retirement Money to Pay Off the Car Loan? – Libby

“Dear Steve, I am 56 and my husband is 62. We both lost our jobs last year. I am receiving unemployment benefits and my husband has a new job in another state. Our main debts are our home and a car. I have rolled my 401k over into another retirement plan and have just received [...]

I’ve Thought About Killing Myself to Get Out of Debt. – Doug

Doug “Dear Steve, We have mostly lived pretty well but never have had any savings so when something happens or we want to do anything the answer has been to put it on a credit card. So we have cards at or close to limits we have two kids in college with student loans and [...]

Tanisha Wants to Cash Out 401K To Get Rid Of Debts.

Tanisha “Dear Steve, I recently recieved $137k into a 401k account from my ex-husband due to a divorce. I’m 35 years old, 2 kids, unemployed stay at home mother for past 8 years. I will receive spousal support until 2012. I no longer own any property or assets and I have $33,000 in credit card [...]