Should I Cash Out My 401k to Pay Off Debt?

Paying off debt may feel like a never-ending process. With so many potential solutions, you may not know where to start. One of your options may be withdrawing money from your retirement fund. This may make you wonder, “should I cash out my 401k to pay off debt?” Cashing out your 401k early may cost you in penalties, taxes, and your financial future so it’s usually wise to avoid doing this if possible. When in doubt, consult your financial advisor to help determine what’s best for you.

Before cashing out your 401k, we suggest weighing the pros and cons, plus the financial habits you could change to reduce debt. The right move may be adjusting your budget to ensure each dollar is being put to good use. Keep reading to determine if and when it makes sense to cash out your 401k.

How to Determine If You Want to Cash

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Why PR Is Fundamental in Scaling Your Business Rapidly


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“If I was down to my last dollar, I would spend it on public relations.” —Bill Gates

Every year, millions of startups are launched across the world, each with its own unique selling point, each with a new solution. We hear about some of them, but some we never find out about. These startups use all the latest , understand the basic business principles and spend months, if not years, perfecting their services or product.

Many of these businesses show early-stage promise. They have customers, their technology works or their service is being bought. Where they lack or get stuck is scaling that initial success and interest from their . Translating that potential into a successful and established business is where most entrepreneurs struggle.

This is where PR comes into play, and

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Tamika Mallory Will Release Her Debut Book, ‘State of Emergency,’ Through Charlamagne Tha God’s Black Privilege Publishing

Simon & Schuster has announced that social activist Tamika D. Mallory will be releasing her debut book, State of Emergency, through Lenard Larry McKelvey’s (AKA Charlamagne Tha God) latest venture, Black Privilege Publishing.

Mallory, known for her social justice work and as one of Time‘s 100 Most Influential People, will have her literary debut, State of Emergency, released on Charlamagne’s imprint which will be distributed by Atria Books at Simon & Schuster.

“This country can’t undo the gross atrocities and inner and outer scars committed against the Black, brown, indigenous, and immigrant lives that were sacrificed for the benefit of its creation, development, and rise,” Mallory said in a written statement.

“But it is now clear that we, the people, who have toiled, sacrificed, and contributed an indelible handprint from the soil to the soul of this nation, will no longer tolerate the continual systemic injustice, inequality, … Read the rest

Essential tech to grow your ecommerce business

Consumers’ shopping habits have transformed over the years, with more shoppers going online to buy. And even with an uncertain economy, opportunities to grow your ecommerce business continue to abound. Figures from eMarketer show online sales will exceed $700 billion in 2020, and the COVID-19 pandemic is also fueling the exponential growth in ecommerce.

And as things look now, there’s no likelihood of ecommerce sales declining soon. Further, once shoppers develop new habits they’re more likely to stick to them, rather than go back to traditional bricks and mortar shopping.

What is the essential tech needed to grow your ecommerce business?

If you currently don’t have an online presence, this could be the right time to get yourself established. And if you’ve already set up an ecommerce site, you might want to optimize the service you offer your buyers.

Depending on where your business is now, that may mean … Read the rest