This inquiring audience member wants to know: "Is it okay to borrow from your 401(k)?"

"The biggest mistake you will ever make with your 401(k) plan is if you borrow from it," Suze says. "Never, ever, ever take a loan from your 401(k) plan."

Suze says when you put money in a 401(k), it goes in with pre-tax dollars—you add from your wages before the government takes any income tax out.

When you take a loan out of your 401(k), you'll usually have to pay it back in five years—with other money that has been taxed. Then, when you get older and you take money out of your 401(k) plan again, you'll pay taxes again. "You have just volunteered for double taxation. Why would you want to do that?" Suze says. "Do not ever take a loan from a 401(k) plan."

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