That 401(k) Loan Will Cost You
Our most valuable resource is time, but well-intentioned people often waste time doing things they don't like or aren't good at to save a few bucks. Small business owners can get bogged down with responding to emails or pouring over their taxes, eating up time they could develop new products or work with dream clients.
We've all been there. A friend or family member needs money and asks you for a loan. You want to help, especially if it's someone you're close to. However, the time to decide how much you can float them is not in the middle of their crises.