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 #StudentLoanPlanner 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
Legal: Student Loan Planner is a financial coaching company and does not claim to provide financial advice on investment products. Refinancing federal loans causes the borrower to lose access to income-based repayment plans as well as the PSLF program. We may earn compensation from advertising partners when you click on links on our site. Student Loan Planner is not a debt settlement or debt relief company. We do not provide tax or legal advice.
