Today’s show is inspired by the Fixx’s hit “One thing leads to another.” Today we cover a couple articles I read this past week that just had me scratching my head. The first was about the comeback of the Adjustable Rate Mortgage (ARM’s). The second was about the increase in 401(K) loans. I’ve written before about the dangers of taking out a loan on your 401(K), but now 30% of people who have a 401(K), have a loan on it.
Why are these troubling news stories? One bad financial decision leads to another. With ARM’s and 401(K) loans increasing what other financial activities are making a comeback that we should watch out for? In addition we discuss ways you can get fit financially so you don’t have to follow the crowd and can make wise financial decisions for yourself.
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You can find prior editions of the podcast at the podcast archive page