re: I need some advice from the financial gurus

Can you take out a 401k loan and pay off the credit cards?

The 10% hit penalty plus taxes would likely not make it worth cashing in part of your 401k.

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I just purchased a used vehicle from a relative but had to borrow the $10K from my parents and will pay them back when I sell my vehicle. I’m actually downgrading vehicles to try to help with the finances. I still owe $5,200 on the Tahoe that I’m selling, but i’m hoping to sell it for about $14,000. I will pay my parents back the $10,000 I borrowed from them for the new vehicle (and come out of pocket for the remaining balance).

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I'm trying to understand what your thinking is/was here. You only owed $5,200 on your Tahoe but you decided to borrow $10,000 from your parents to buy a car from a relative and "come out of pocket for the remaining balance"...how much is the remaining balance? What was the total price of that car you bought from the relative?

I'm not understanding why you wouldn't have just paid the $5,200 left on the Tahoe? Yeah, you might can sell it for 14K but what if you don't get 14K? What were trying to accomplish doing all this? You said you were downgrading, but you just went into more debt. How much was the car you bought from the relative?

I read his “downgrade” as going from $5,200 in debt to ~$1,200 after all exchanges.

Tahoe sale nets ~$8,800 per his estimate which goes to parents and he owes that difference. I hope I’m right in this case.

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How much equity in your house?

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Roughly $65,000 on $220 K value (7 years ago).

Cash out 25k from retirement and pay off all of the 20% credit card. That’s almost 600 a month in payments alone.

See if you can sell car to somewhere like Carmax. They’ll pay off your balance from the sale and give you the rest.

Take the extra monthly revenue from no car or 20% interest CC payment and balance your budget where no further debt is necessary, then whatever is left put towards paying down 0% interest CC. When 0% runs out, get another 0% CC from a different company and transfer balance and continue to pay down. Should pay it off in 4 years if you can do 500 a month at 0%. That gives you 9 years until retirement, at that point put back any extra monthly income from your paid off debts back into retirement until you get your 25k back.

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that only works me about 35 hours a week and I’m close to home

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want to spend more time with my family, in case I don’t have many years left.

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I get the spend more time but you also don’t want to saddle your wife with debt if you die. 35 hours isn’t much. Maybe look into a part time weekend job, shift work you can do at a time of day where your family may be busy anyways