Wow - I was just blown away reading this story @ Yahoo this morning.  Debit cards you can use against your 401k.  Borrowing against your 401k has traditionally been a ‘last resort’, because if you didn’t repay it within 60 days of leaving a company, you had to count it as regular income, pay tax, [...]

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This video does a very understandable walk through of the current monetary system we have, and is pretty scary, imo.  It’s rather long (47 minutes), but worth watching.
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Posted in General, Money No Comments »