tag:blogger.com,1999:blog-10993984.post111042839330460503..comments2023-10-31T04:14:51.466-06:00Comments on Clutter2Cash: Should I borrow to fund my 2004 Roth IRACaitlinhttp://www.blogger.com/profile/07099173870125319819noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-10993984.post-1110639881149666242005-03-12T08:04:00.000-07:002005-03-12T08:04:00.000-07:00Thanks for catching that, PFBlog! I've updated the...Thanks for catching that, PFBlog! I've updated the figures accordingly.<br /><br /><br />frugalgirl, those are excellent points and I agree. I am taking a little bit of a risk - but paying the loan off by 5/15 is my "worst-case" scenario barring unforseen financial catastrophes. We all know those can happen at any time (and I've had my share the last 3 years) so I am not making this choice lightly :)<br /><br />And *yes* I will absolutely make sure there is no fee...I had intended to make that clear, oops!Caitlinhttps://www.blogger.com/profile/07099173870125319819noreply@blogger.comtag:blogger.com,1999:blog-10993984.post-1110634070442593522005-03-12T06:27:00.000-07:002005-03-12T06:27:00.000-07:00You are cracking me up!! I can't get the modified...You are cracking me up!! I can't get the modified Judy Blume phrase out of my mind. <br /><br />Two things... I would only borrow if you are really comfortably doing it (really comfortable, meaning you have no doubts that you can pay it back swiftly). I would also double-check that's there no transfer-fee, on top of the interest rate, on that credit card before you transfer the money. <br /><br />erin<br />www.frugalgirl.blogspot.comsavvyhttps://www.blogger.com/profile/02544254698136250262noreply@blogger.comtag:blogger.com,1999:blog-10993984.post-1110609537115522942005-03-11T23:38:00.000-07:002005-03-11T23:38:00.000-07:00Nice post. You definite made the right decision to...Nice post. You definite made the right decision to borrow and contribute. The analysis is a bit off though. The difference between the two options is approximately $5,000 -- you need to take out the $3,000 more contribution you make for a fair comparison. Agree?Anonymousnoreply@blogger.com