In this Ask Shannah episode, I'm tackling two complex questions about student loans. Everything from borrowing money from your 401(k) to pay off your student loans, to dealing with student loan debt when you're in a relationship. In This Podcast Episode: Thanks for all the great #AskShannah questions that are coming in. As always, remember you can always submit a question anonymously so I won't disclose your name when I'm reading over the question. I'm covering two questions on this episode that I think most of us could relate to in some way. As a reminder, they call this personal finance because it is just that - personal. When you're making a money decision, you should weigh the pros and cons and then come to a decision that feels good to you and makes sense based on your lifestyle. My question to you is, what benefits (or drawbacks) could there be if I were to take a loan from my 401(k) to pay off my student loans? Which leads me to my question.. Am I wrong to think that having him put some money in a high yield savings account, could help him to pay off his student loans faster due to compounding growth?  Tune in to hear my thoughts and feel free to send me your own #AskShannah question for a future episode. Thanks for Tuning In: Thanks for tuning in to listen to this episode of Millennial Money. You’re awesome and mean so much to us. If you’ve enjoyed this episode, please share it on social media using the hashtag #millennialmoneypodcast. Also, please leave an honest review for Millennial Money on iTunes! Ratings and reviews are extremely helpful and much appreciated! You’re awesome! Millennial Money is more than just a podcast, we’re all about family here. Join us each weekend for our Sunday Seven Email Club, where we’ll share bonus episodes, money tips, life hacks, exclusive music drops, travel deals, breakfast treats and a whole lotta’ fun! Have an Ask Shannah question, submit it here. Want More: Shannah on Twitter Shannah on Instagram See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info. Learn more about your ad choices. Visit megaphone.fm/adchoices