NBC’s Today Show – Money 911 – January 18, 2012

If you missed me on this morning’s NBC’s Today Show, Money 911 segment, make sure to watch it above, we answered questions about paying down debt, government grants, your FICO score, and most importantly borrowing from your 401k.

I have been seeing more and more questions about borrowing from a 401k these past few months on my Facebook page, on Money 911 and during Live Chats. So I thought it would beneficial to give you all a quick lesson on the topic and expand on my answer from Money 911 this morning. Watch the video I did and let me know if you found the information helpful by commenting below!


Live Rich,
David Bach

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One thought on “NBC’s Today Show – Money 911 – January 18, 2012

  1. David, hope you get to see this message. Regards to borrowing from your 401K, you say the only time you should borrow from the 401K is to use the funds as a down payment for a home. What about keeping your home from going into foreclosure? Can you comment on this? Thank you.