Preview Mode Links will not work in preview mode

Student Loan Planner


May 2, 2023

Are you struggling with student loan repayments and how it fits into your financial goals? Lauryn Williams, CFP®, CSLP®, and Meagan McGuire, CSLP®, have joined forces to share valuable insights on how to avoid common student loan repayment mistakes in long-term financial planning. 

They discuss how many people are unknowingly on the wrong repayment plan, and why income-based repayment might not actually be the best option for you. They also share practical tips for finding savings beyond student loans, strategies for investing, and their take on the $30,000 and $3 mindset. 

In today’s episode, you'll find out:

  • What is the $3 mentality and how it impacts long-term financial goals
  • The importance of choosing the right repayment plan for your circumstances
  • What is the best way to select a repayment plan for student loans
  • How married couples can save money on student loans and taxes
  • Tips on paying down credit card debt efficiently
  • When it makes sense to seek financial consultation
  • Why many borrowers shouldn’t have ignored student loans during COVID
  • Why the double consolidation loophole shouldn’t exist
  • What is the $30,000 mindset for finances
  • Financial implications of renting vs. buying a home
  • What are some basic investment strategies

Resource mentioned

Like the show? There are several ways you can help!

 

Feeling helpless when it comes to your student loans?

Do you have a question about student loans? Leave us a voicemail here or email us at help@studentloanplanner.com and we might feature it in an upcoming show!