Skip to main content
No. of Recommendations: 3
I can understand a change in circumstances (goodness knows!), but it's all the more reason NOT to touch retirement funds.

Is your spouse on board with what you're doing?

Will a ledger make sense to your spouse or would something like YNAB work for you? (Discloser: I'm a YNAB junkie! It's helped a LOT even when my income was very low - and it's still not all that high).

Is there anywhere you can cut expenses? Anywhere you can bring in a little more by freelancing/tutoring/babysitting/selling crap you don't need anymore?

I would do all of those consistently for a year before thinking about pulling money out of retirement.

Print the post  


UGC Disclosure Notice Regarding Credit Card Posts
Community board discussions about credit cards are not provided or commissioned by banks who may have advertising relationships with The Motley Fool. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered.
TMF Credit Center
The Motley Fool Credit Center arms you with real tools and simple messages, that will help you in every credit situation.
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.