In times of financial stress, making ends meet can be difficult. But there’s often more than one way to uncover cash when you need it.
Financial advice from Carrie Schwab-Pomerantz, Senior Vice President, Charles Schwab & Co., Inc.
Having to come up with money quickly (when you hadn’t planned to) can be unsettling. But you may have more options than you think. In this article, Schwab-Pomerantz discusses the pros and cons of withdrawing money from your checking, savings and money market accounts; brokerage accounts; and retirement accounts. Make sure to look at all of them and consider how your choice could affect other areas of your financial plan. If you’re strategic and careful, you’ll have the best chance to get through your crunch unharmed. LEARN HOW