My 5 for Friday (February 12, 2021)


Should you use your retirement savings for a down payment? How can you avoid budget burnout? And how can you bounce back from a failure at work.


These and more are included in this week's My 5 for Friday.

  1. Thinking of Tapping Your 401(k) for a Down Payment on a House? Read This First by Leslie Cook. Buying a house is a weighty financial decision. The biggest struggle tends not to be the monthly mortgage payments involved, but the initial down payment. Last year, 7% of people used money from retirement accounts toward a house down payment. Is this a good idea?

  2. How to Avoid Budget Burnout: 5 Tips to Stay the Course by Budget Mom. We are a few weeks into 2021 at the start of the year when many people set new goals for themselves. Did you have any budgeting goals for this year? Or maybe you already have a budget in place. Here are five tips to stay motivated with your money.

  3. This Is Not Unprecedented by Garret Raburn. The past year has brought many challenges. While these challenges might be new to us, they are not new to history. The world has always had its chaos. But Christians know that God has always been in control and our lives will communicate this to a watching world.

  4. How to Bounce Back From a Failure At Work by Mark Lynch. Mistakes at work can be extremely discouraging. Learning to move forward from failure, however, can lead to more fruitful work in the future. It starts with accepting that failure will occur and resolving to respond positively when it comes.

  5. Why Your Brain Loves it When You Exercise, Plus 3 Easy Ways to Work Out at Home by Mary Halton. Most people either love or hate the idea of exercise. Wherever you fall on the spectrum, there is evidence that exercise can lead to health not just physically, but also mentally. Exercise will not look the same for everyone. It can be a short, simple discipline tailored to your life circumstances. Even small doses of exercise can lead to greater health.