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P.E.P. for the Week of January 24-28, 2010- Adjustment Edition

Prairie Eco-Thrifter

Personal Finance by the Book askes if we should borrow from our 401K? That’s it for the round up but before you go make sure to check out the current giveaways for your chance to win. Check out how you can win $500 to further your education and future. I wanted to use my money for other things. If you ask me, no.

January 124
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What Can Go Wrong – Naming a Beneficiary

Prairie Eco-Thrifter

Being the smart person you are, you you sign up for a 401K with company matching and do the right thing by starting to pump as much into it as possible. In 5 years – you’ve married and had a baby, but your 401k still goes to Mom and Dad when you die. Grandchildren inherit but can’t get use of the money.

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Meet a Reader | Kim from Iowa

The Frugal Girl

What’s your best frugal win? I just wanted to get away and I moved my 401K money to the advisor they referred me to. The plan is for us to both retire around age 58 and move back to the small town where I grew up. We also love travel and plan on doing much more of that when we retire. We bought our house as a short sale in 2008.

Iowa 167
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Carnival of Financial Planning – Money Management Edition #231

Prairie Eco-Thrifter

Kyle presents Enter to Win our April iPad Mania Giveaway! posted at The Penny Hoarder , saying, “The Penny Hoarder has teamed up with Bay Area Mommy a number of other bloggers to bring you this amazing chance to win the two hottest tablets in the market today!

Money 133
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Totally Money Blog Carnival #18 – 6 Ways to Save Money Edition

Prairie Eco-Thrifter

Ramsay presents Borrowing From Your 401k. Among the many benefits afforded to many 401k participants is the ability to borrow funds from the account for personal purposes. Kevin presents Canada’s Conservatives Win 2011 Election and Harper Wins a Majority Government. Read Kay’s article to find some alternate routes.