From finaid and other readings ive realized its best to liquidate as much income as possible before applying for aid. They also say to pay down consumer debt as much as possible.
Im in a tricky situation, Im going to get engaged sometime before this summer. I have $ in my 401(k) but nothing in a savings account. Im going to save $ (~$6k) for a ring b/w now and LS. Should I save everything I can and buy the ring in say July or should I take out a loan now and pay off the loan as I go? Will taking out a consumer loan hurt my credit score if I need to get a Citibank LS loan?
Any input is greatly appreciated