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Money Confessions: I Drained My 401K to Pay for a Trip (Is That Bad)

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Manage episode 418527335 series 1856311
Content provided by Shannah Game - Money Expert & Glassbox Media, Shannah Game, Money Podcast for Women, Personal Finance, Mental Health, and Glassbox Media.. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Shannah Game - Money Expert & Glassbox Media, Shannah Game, Money Podcast for Women, Personal Finance, Mental Health, and Glassbox Media. or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

In this episode, I share my hot take on a recent money confession from a listener: “I used my entire retirement fund, around $15,000, to pay for a 2-month European trip. I don’t have any retirement funds, and I’m in my 30s. I feel like I made a big mistake. I haven’t shared it with anyone until now. Was this the stupidest way to spend my money?" As we break down this money confession, I'll explore my tips and food for thought.

LINKS

My Favorite Financial Calculators

Daily Drop - Credit Card Hacking Tips

CONNECT WITH SHANNAH

Thank you for being a part of our community! We couldn't do it without you.

SPONSORS

Thanks to OneSkin for sponsoring the show. Get 15% off OneSkin with the code ETM at https://www.oneskin.co/

Thanks to Quince for sponsoring the show. Go to http://www.quince.com/etm for free shipping on your order and 365-day returns.

Thanks to NerdWallet for sponsoring the show. Don’t wait to make smart financial decisions. Compare and find smarter credit cards, savings accounts, and more today at www.nerdwallet.com.

Thanks to Monarch for sponsoring the show. ​​After trying out Monarch for myself, I understand why it’s the top-rated personal finance app. Listeners of this show will get an extended thirty-day free trial when you go to www.monarchmoney.com/ETM.

Thanks to EarnIn for sponsoring the show. Just download the EarnIn app in Google Play of the Apple App store and use code Talkin Money under Podcast.

Thanks to Noom for sponsoring the show. Start taking control of your weight management and join the millions who have lost weight with Noom. Sign up for your TRIAL today at www.noom.com.

Thanks to ButcherBox for sponsoring the show. Sign up today at www.butcherbox.com/etm and use code ETM to get $20 off your first order.

Thanks to DelelteMe for sponsoring the show. Today get 20% off your DeleteMe plan when you go to www.JoinDeleteMe.com/ETM and use promo code ETM at checkout.

Learn more about your ad choices. Visit megaphone.fm/adchoices

  continue reading

1215 episodes

Artwork
iconShare
 
Manage episode 418527335 series 1856311
Content provided by Shannah Game - Money Expert & Glassbox Media, Shannah Game, Money Podcast for Women, Personal Finance, Mental Health, and Glassbox Media.. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Shannah Game - Money Expert & Glassbox Media, Shannah Game, Money Podcast for Women, Personal Finance, Mental Health, and Glassbox Media. or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

In this episode, I share my hot take on a recent money confession from a listener: “I used my entire retirement fund, around $15,000, to pay for a 2-month European trip. I don’t have any retirement funds, and I’m in my 30s. I feel like I made a big mistake. I haven’t shared it with anyone until now. Was this the stupidest way to spend my money?" As we break down this money confession, I'll explore my tips and food for thought.

LINKS

My Favorite Financial Calculators

Daily Drop - Credit Card Hacking Tips

CONNECT WITH SHANNAH

Thank you for being a part of our community! We couldn't do it without you.

SPONSORS

Thanks to OneSkin for sponsoring the show. Get 15% off OneSkin with the code ETM at https://www.oneskin.co/

Thanks to Quince for sponsoring the show. Go to http://www.quince.com/etm for free shipping on your order and 365-day returns.

Thanks to NerdWallet for sponsoring the show. Don’t wait to make smart financial decisions. Compare and find smarter credit cards, savings accounts, and more today at www.nerdwallet.com.

Thanks to Monarch for sponsoring the show. ​​After trying out Monarch for myself, I understand why it’s the top-rated personal finance app. Listeners of this show will get an extended thirty-day free trial when you go to www.monarchmoney.com/ETM.

Thanks to EarnIn for sponsoring the show. Just download the EarnIn app in Google Play of the Apple App store and use code Talkin Money under Podcast.

Thanks to Noom for sponsoring the show. Start taking control of your weight management and join the millions who have lost weight with Noom. Sign up for your TRIAL today at www.noom.com.

Thanks to ButcherBox for sponsoring the show. Sign up today at www.butcherbox.com/etm and use code ETM to get $20 off your first order.

Thanks to DelelteMe for sponsoring the show. Today get 20% off your DeleteMe plan when you go to www.JoinDeleteMe.com/ETM and use promo code ETM at checkout.

Learn more about your ad choices. Visit megaphone.fm/adchoices

  continue reading

1215 episodes

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