“Hey Derek, What Should I Do??” – Answering Your Money Questions….#2

“Hey Derek! I’m at a crossroads and I don’t know what to do! Can you help me?!”

These are the types of emails I get each week from my long-time readers, and I absolutely LOVE it.

Today, we’ll be helping out David and Megan. Here are their questions:

“My husband and I have really been trying to get rid of our debt over the last year and a half or so and aren’t doing too bad. We’re paying off debt smallest to largest, but the big balance on the credit card is what truly makes me nervous – it’s $22k with a 10% rate. I have some money in my 403B, and was wondering if it would be smart to make a withdrawal, pay off the debt, and then put those old payments toward my retirement fund?” – Megan

“I know that you promote self-insuring whenever . . . → Read More: “Hey Derek, What Should I Do??” – Answering Your Money Questions….#2