Presley, a 27-year-old retail manager from Houston, once had something most people her age only dream about: a $60,000 401(k) balance. But in a moment of financial chaos, she cashed out the entire thing. On a recent “Financial Audit” podcast, Presley admitted to personal finance YouTuber Caleb Hammer that she used the money to pay off debt, buy takeaway and furniture, move apartments, and splurge on K-pop concerts and gifts. “That $60,000 would have been a million dollars,” Hammer said. “Five hundred tho ...