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#1682 – taking from myself to pay me back

This was posted over 22 years ago; my opinions, thoughts, attitude, and writing style may have evolved since then, and this post might have been different if it were to be posted today.

BRILLIANT!

how to fix short term money problems until i get my job in may: take a loan against myself!

see, i had a bunch of money taken from my paychecks several months ago placed into this other account. well, you can’t withdraw money from the account, but you can take it out as a loan (it’s supposed to be for retirement). i can only take out half of the money i put in as a general-purpose loan, but it’s more than plenty. i would have taken less, but it wouldn’t let me.

so, i take from this (they send out a check), pay my current bills that i can’t really pay because of no current job, pay this back as i get my new job back, and not only do i fix my short-term problems, but the money i borrowed goes back into my retirement account! yay! only thing is i have to pay interest on the loan, but that’s to be expected. besides, there’s no penalty for paying it back in full before the payment term is up, so that’s a way to save on interest too.

now they just need to approve the loan… ^_^; dunno why they wouldn’t, but… *crosses fingers*