My $40,000 Mistake, ...and counting
My $40,000 Mistake I was young, I thought I had things figured and had all the answers. But I didn’t know how big of a mistake I was making when I decided to pull money out of my IRA to pay off my credit card debt. I didn’t want to pay the 18% interest and so taking out the money that was earning 7% in my retirement account seemed to be a no brainer—heck I was saving 18% in interest. I also had to pay a penalty, but the credit card interest was high enough that the penalty di