Description

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

• PSLF Help Tool

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Feeling helpless when it comes to your student loans?

• Try our free student loan calculator
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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!