you look pretty today

Great job again Bridget. I think you need to be random in every episode. That's why I tune in.

Bridget is never NOT pretty. Just sayin

Although I put money into one every paycheck, I don't actually know too much about what the "401K" actually is. But, everyone and their mothers have always told me to never, ever take money out of the 401K prematurely. So I guess, if my bills ever get to be too much, I'd have to cut back on my current 200 channel cable package.

That would really really suck if I couldn't follow Top Chef. :(

It had an interesting start, but proved to be informal in the end.

This was some very good advise and would be helpful to almost anyone. My husband and I did withdraw from his 401k but it was to pay for college for our daughter. True we are now trying to play catch up but we had no other options available to us. My tip is to open an account when the child is still young and use it exclusively for educational purposes.

people always have been asking when is a good time to make this move so the video is a winner!

it is good for everyone and meaningful.good advice from you too.

Very useful info about credit and credit cards. Good tips to pay off debt...most of America could use this video.

I would agree that it's not a good idea to take money out of your 401k if you can keep from it, but here's the thing: with my husband's 401k, you can take out "loans" on the money in the 401k, and then pay them back later, and all the interest you pay on those loans goes straight into the 401k, not to some other company. (I don't know if this is the same for everyone or not.) We had quite a bit of credit card debt with high interest rates, and the interest, obviously, went straight to VISA, or whoever, so instead, we took out the 401k loans to pay off the debt and started putting the money toward the 401k loan that we were originally putting toward credit card debt. It makes so much more sense because we're now truly putting all of OUR money toward US, not the credit card company. Obviously, if you can keep from it, you don't want to remove money from your 401k, but when you have several thousand dollars of credit card debt with twenty percent interest, I think it's worth it.

great video. good point.

My brother had to pull money out his 401k, because he lost his job. It was the only source of income they had. He has a wife and a child to take care of. He decided that if he pulled it out now, he could just put it all back later. I do agree with Bridget, it's stupid to pull money out of your 401k, although... I don't believe I actually have one. lol.