You can really do this two ways:option 1Show the loaned money in your bank balance (when you send through a bank statement I imagine this will already be there).Show the the loan as a liability to yourself.Show your 401(k) balance without the loan.option 2Subtract the loaned money from your bank balanceDon't show the loan as a liabilityInclude the loan balance in your 401(k) balanceEither way, your total assets (the bit the bank actually cares about) will add up to the same thing.

Jon K.

Chris K.

Eliminating the deficiency is more important than $3,000 cash for keys.

Having real, tangible assets makes me feel a whole lot better about the situation than relying on the stock market and a 401(k) to be useful.Speaking of podcasts, after listening to Podcast 14, I want to thank Ben Leybovich for the inspiration to aim high and be more specific and intentional in our business plan.

Nice Deal Rob K, my capitalist buddy!

@k. marie poe - Both of these homes were bank repos.

Ned Carey &K.

I love these words and live by them.i currently have around 15k in savings, probably at least 10-20 k in assets, an entire home worth of goods from when i lived in a condo a few years ago in my parents basement (i am living at home at the moment, FREE of course, the greatest benefit)the final semester of my program is relatively laid back, with 300 clinical hours and a research project and a couple exams.

Hello Bryan K,Thank you for the welcome and the advice.