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Personal Finance

Web Extra: Raiding Retirement & More

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Published: Thursday, 7 Aug 2008 | 8:56 PM ET
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Web Producer

OTM Web Extra
CNBC's Carmen Wong Ulrich helps viewers manage their personal finances in this On the Money Web Extra.

In Thursday’s Web Extra, Carmen took two callers: Danny in Texas, who’s thinking about taking money out of his 401(k) to pay down his credit card debt, and Jaclyn in Florida, who’s got a second home that won’t sell and is costing her money. Watch the video for two times the advice from Carmen and the Money Desk.

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Should you dip into your 401(k) to pay down debt? What if you've got a house that just won't sell? Watch the video for answers.

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