The headline says it all:
BORROWING FROM 401(K) PLANS COULD BE A BIG MISTAKE
Lemme think about that. I can plan carefully for my future, make sure that I save enough money for retirement, and do my best to provide for my family.
Or, I could blow all of my money on really def bling, and wait for the Federal Mommies to bail me out.
Yeah.. This isn't going to end well for our country, is it?