Student Loan Lessons from the Covid-19 Pandemic
Student loan borrowers can take away many valuable lessons from the Covid-19 pandemic as they make future plans for their student debt.
Living with Student Loans
The Importance of Budget Milestones
Debt from student loans can be overwhelming. Celebrating smaller milestones can provide the push you need to become debt-free.
Budgeting for Fun
Creating a budget is important, but it must be a budget that has staying power. Leaving a little room in your budget for fun is essential.
Should I Buy Stocks or Pay Off Student Loans?
Even if you have student loan debt, it might make sense to do some investing.
Tip for Married Couples: Don’t Cosign Loans
Cosigning loans with your spouse may seem harmless, but doing so can be a huge financial mistake with lasting consequences.
Why This Expert Thinks the Student Loan Tax Bomb Probably Won’t Happen
The clear trend shows that the student loan tax bomb probably won’t happen for the borrowers on IDR Plans like IBR, PAYE, and SAVE
Student Loan Help From Family Could Mean Extra Taxes
Student loan payments from parents or grandparents can trigger an IRS gift tax, but exceptions exist to avoid having to pay any taxes.
My Plan for the Student Loan Tax Bomb
The student loan tax bomb may or may not happen. My plan uses a Roth IRA to save for retirement and prepare for big tax bill.
Should I Put Money in a 401(k) or Pay Down My Student Loans?
Having student loans doesn’t mean you should ignore your retirement accounts. In some cases, it is better to save for retirement than it is to pay down debt.