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Transcript
00:00you cashed out a 401k to pay off debt back in yeah you're gonna not tell me that i forgot
00:05you forgot yes how do you mean you forgot what do you mean i forgot about that 401k
00:11but yeah i cashed it out and i paid it when uh 2021 so you didn't pay off debt you took away
00:22from your retirement account your forced savings because you set up a percentage you took that
00:30took the penalties and the taxes which by the way might have completely negated the interest anyway
00:37depending on what it was and then you paid it off but you didn't pay it off through behavioral change
00:42you didn't pay it off through budgeting and then putting extra towards it you budget by taking
00:47away from your retirement account so you didn't learn anything you didn't learn anything nothing
00:52was beneficial there
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