This chapter discusses different strategies for paying off student loans and highlights the importance of setting specific goals and making informed decisions. The hosts discuss the potential benefits of refinancing, consolidation, and aggressive repayment, while advising against relying on income-driven repayment programs. They emphasize the need to consider future uncertainties and create a sample budget to determine repayment timelines.
#457: Angie sold all the stocks in her retirement account last year. And now the market’s climbing. What should she do with her $500,000 cash position?
Christina will be graduating with six figures of student debt. Should she refinance out of a federally protected loan to lower her interest rate?
An anonymous caller wonders how Paula and Joe handled their primary residences when they moved out of state.
Former financial planner Joe Saul-Sehy and I tackle these four questions in today’s episode.
Enjoy!
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For more information, visit the show notes at https://affordanything.com/episode457
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