Student Loan Planner

The holidays are fast approaching and I know what you’re thinking: what should I get for the student loan borrowers on my list this year? In this episode, I go over the top 21 gifts that would make a big impact on the lives of student loan borrowers. In today’s episode, you'll find out: Why the public library is one of the best places to hang out When to use the cash back from refinancing your loan to splurge How to turn the gift of cash from ho-hum to something memorable The best way to ask for a raise to put more money in your pocket Why getting married is a wonderful thing for student loan borrowers What games I play on my iPad while waiting on hold to talk to a real person How the gift of courage can change your life
 Full show notes at: http://studentloanplanner.com/54

Student loan debt is a growing problem and a hot topic in the media. I asked the Student Loan Planner community how they would solve the student loan crisis, and the results were not what I expected. Join me as I go into the details about how listeners feel about the growing problem of student loan debt. In today’s episode, you'll find out: How important student loan reform is to voters What borrowers think student loan reform should look like The reason most people would opt for treating student loans like a tax Why lower student loan interest rates won’t fix the problem How a student loan tax would affect retirement savings How the Biden Plan compares to the Trump Plan Why past student loan reform proposals failed Whether eliminating the tax bomb is sustainable Why the future of student loans depends on the private loan market   Full show notes at: http://studentloanplanner.com/53

Savanna Perry is a Physician Assistant and founder of ThePAplatform.com, a site where she shares insider tips to help others navigate the journey to becoming a PA. Today, I ask Savanna how to pick the best program, what the requirements are to get in, and whether the cost of the program is worth it in the end. In today’s episode, you'll find out: How being a PA can bring balance and flexibility to your life Why Savanna chose a public program over a private program How PA programs compare to med school The trick to go from $200k in student loan debt to $80k Whether private or federal student loans are better for PA school How Savanna was able to pay off your student loan debt so quickly Career opportunities and salary expectations for PAs Why becoming a PA is a great choice for a second career Full show notes at: http://studentloanplanner.com/52

Ryan Inman, the host of the Financial Residency podcast and founder of Physician Wealth Services, shares the biggest mistakes he’s seen physicians make when it comes to student loan debt. I talk with Ryan about the state of PSLF and why hiring a financial planner isn’t right for everyone. In today’s episode, you'll find out: The trick to making PSLF work for physicians The real reason behind PSLF rejections Why worrying about whether PSLF will still be around isn’t the biggest problem Why not everyone should work with a financial planner How a physician made a mistake that cost half a million dollars What the future of PSLF might look like The 10-step plan that Ryan uses in his financial planning business How hiring a financial planner is like working with a personal trainer Full show notes at: http://studentloanplanner.com/51

In this monumental 50th episode, I’m taking you back in time on my journey of starting this thing called Student Loan Planner. Here’s the story of why I feel deeply called to helping you and others like you make sense of your finances and what I’ve learned over the past 3 years of working full-time in the world of student loans. In today’s episode, you'll find out: Why some school are honest and others are downright profit-hungry Why colleges foot the bill for flights, hotels, meals, and more when you agree to a tour The things people put too much focus on when it comes to personal finance The only three areas you need to focus on to make your money work for you The secret I’ve learned to increase your savings rate What happens when you think in terms of value rather than cost What I think about the future of student loans The crucial piece that most people miss when it comes to investing The biggest worry about I have about running Student Loan Planner Full show notes at: http://studentloanplanner.com/50

Leif, known as the Physician on FIRE, helps physicians attain financial freedom and early retirement. He shares savvy tips on utilizing locum tenens roles for greater flexibility, and emphasizes how to retire before the traditional age. Leif discusses escaping undergraduate debt and weighs loan forgiveness as an anesthesiologist. He sheds light on the impact of burnout and identifies two key splurges that bring him joy. Tune in for an insightful conversation that offers a fresh perspective on achieving financial independence in medicine!

Student loan refinancing can be a big help to your financial goals. But some refi strategies can make it so you can’t buy a house or start a business. In this episode, I’ll talk about when a refi makes sense for you and discuss how the economy, a recession, and changing interest rates factor into your decision. In today’s episode, you'll find out: What is a refi ladder and can it work for you How doing more than one refi can be a smart move The reason to refi to a longer term at a higher interest rate Why you shouldn’t worry about your credit score when you refinance The risk of going with an aggressive repayment strategy How your student loans can impact buying a house or starting a business How government interest impacts the interest you pay What would happen to student loan interest rates in a recession When variable rates are a smart move in your refi strategy Full show notes at: http://studentloanplanner.com/48

Robert Berger, Deputy Editor at Forbes and author of Retire Before Mom and Dad, is passionate about helping others build financial independence. In this episode, I talk with Robert about how to plan for retirement and the seven levels you need to reach financial freedom. In today’s episode, you'll find out: What “retirement” can look like for you The seven levels of financial independence Is the 4% rule still relevant? How student loan borrowers can reach financial independence What is the “money audit” and how it can help cut your spending Why cars are a financial freedom killer What retirement account is the best first step to investing Why expense ratios are a huge factor in investing How to experiment with your finances to increase your savings Full show notes at: http://studentloanplanner.com/47

There are many reasons you should start a business. Business owners tend to make more money than associates. A business owner could pay less taxes than an associate, too. Overhead is often 45% to 60% depending on the practice, which means profit would be 40% to 55% instead of 28% to 33% as an associate. I spell out all the benefits of owning a business. In today’s episode, you’ll find out: Why you should start a business now even if you have student loans What makes the risk of being an entrepreneur lower than you think  Why a dentist probably shouldn’t open a restaurant business Legal write-offs to save 50% or more in taxes Why adding your spouse to your payroll can help the business How self-funded pension plans can fuel your retirement The advantage of a fiduciary financial planner for your business Why private practice is a better choice than PSLF How your business can help your REPAYE subsidy For more information, visit the show notes at https://www.studentloanplanner.com/why-start-business/

Reese Harper, a Certified Financial Planner and founder of Dentist Advisor, specializes in financial planning for dentists. In this episode, learn his thoughts on the financial planning industry, how to be successful running a dental business and whether now is the best time in history to be a dentist.    In today’s episode, you'll find out:   How Reese got started with his firm His thoughts on the financial planning industry Conflicts of interest in financial planning The typical wealth and income Reese sees with his dentist clients How DSOs (Dental Support Organizations) are affecting dentistry What to focus on early in your dental career Why there’s a place for different business models in dentistry Why dentists have to think about the business side of things Why trust is everything in a producer-consumer relationship Reese’s thoughts on a fair price for a financial planner How income and net worth impact the cost of a financial adviser Is now the best time in history to be a dentist? Full show notes at: http://studentloanplanner.com/45