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Update on 401K Balance

June 14th, 2007 at 02:28 pm

WOW! Found an old statement from 2005 and called for current balance, which is nearly $36,000 (not $3600). That's some really good news!

Using the $7700 at 1.99% from AMEX that was originally targeted to pay down the BOFA at 8.49% to pay back an IRA loan that will cost $10,500 if the money isn't back by 6/26. When DH's car sells, I hope to pay the money back, but short term it's much cheaper to borrow it at 1.99% than get hit with a 10% penalty plus have it added to our income and be taxed!

Baby steps, baby steps, baby steps...I have to just keep moving forward.

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