<prompt> Human: A little about my situation;I am 29 years old, I make 30,000 a yr before taxes. I owe about 5,000 on my car, 2000 on my student loan and 1000 credit card debt. I would like to be debt free in order to have more wiggle room with planning my future. Im kind of at a crossroads in my life right now in regards to my career and and other personal things. I really dont know what my life will be like a year from now and I want to be prepared for any scenario. I have about 10,400 in my 401K. I contribute the max that I can that my job will match. Im considering taking out about 5000 to pay off my credit card, student loan and a good chunk of my car. My thinking is that the 10 penalty would be worth being debt free. What are your thoughts?  <response>: I would suggest nope. Pay off the credit card as quickly as you reasonably can. Then pay off the student loan or car, whichever has the highest interest rate.Taking money out of the 401k has a lot of pitfalls if things go badly. It may make sense on paper or be a financially good choice, but the risks involved usually are not worth it. 