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Joined 2 years ago
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Cake day: June 8th, 2023

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  • Decent at some and a beginner at others. Tbh, I have more hobbies than time to practice and really get good at all of them. So progress is slow, but I enjoy each one of them and don’t want to give up any just yet. Guess I’m taking the scenic route to mastery, maybe by the time I retire I’ll be really cooking. And if not, I still would consider it time well spent.













  • Is the 401k plan from your previous employer? I’d first check if your plan admin will let non-active employees take loans out. Otherwise, if it helps your decision, the interest accrued from a 401k loan goes back into your own account, so it’s like you’re paying yourself interest. The main pitfall would be making sure you can pay it back on the agreed upon schedule, otherwise you get penalized. Also, while your money is removed from the market, you’re technically losing out on potential growth, but sounds like you’d benefit more from having access to the money now.

    Honestly, if it were me and it would set me up for a career and I probably would do it and just make sure to contribute as much as I can to my retirement once I’m able to. Some alternatives would be a credit card or retailer with a fixed fee pay-over-time feature or a 0% interest intro offer. Failing that, you may just to get creative (sell things, pick up some side gigs, etc.)