loans

Borrowing Against Your Retirement: More Costly Than You Think!
Team SummitBudgeting & Debt, Employee Financial Resource Center, Retirement PlanningComments are off for this post
Participating in the company’s retirement plan is a smart and important decision! Smart because you are putting away small amounts today for a comfortable retirement later. As your account begins to grow, it may be tempting to “dip into” your retirement savings by taking a loan against your retirement plan to pay your annual taxes,  Read More →
The Psychology of Debt
Team SummitBudgeting & Debt, Employee Financial Resource CenterComments are off for this post
Using loans or credit to buy things is not a new concept. In the 1800s, some people bought food and other basic supplies from the general store using credit—the storekeeper handwrote the buyer’s name on a list, keeping track of the total owed. When the buyer came back into town the following week, he paid  Read More →

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