All, i am 23 and lost all of my $ gambling ($30k) and have 15k credit card debt. I am in a terrible place but fortunately have a great job that will help me out of this. i know the gambling must stop and it will so i do not want to make this post about that.
I am making about $150 less per paycheck beacuase i am putting this into a 401k plan each pay period since my employer is matching this. in all honesty, i really need this money liquid and i am thinking about stopping my contribution for about a year becuase $150 x 26(pay periods per yr) = about $4k. i really need this money as i have a rent payment and car payment etc, but am hesitant to stop the contribution to the 401k since my employer is matching it. would it be the end of the world if i take a year off from my 401 contribution and take this money to my pocket so that i can afford my expenses better and any hardship that may arise?
Submitted November 17, 2024 at 11:35PM by mooonaaayy https://ift.tt/JB0QkDM
