Show 40 - Two $50,000 Decisions, What To Do? with Taylor Pulsipher
In this episode, I talk with Taylor Pulsipher and offer her coaching on her unique financial situation.
4/24/20241 min read
Taylor Pulsipher is a teacher just like you. She has financial questions and just wants answers. We had an awesome conversation diving into almost every aspect of her finances. Should she pay off student loans or hold out for PSLF? What about preparing for up coming expenses? How should she approach a car on the downhill slope? Etc. She got a lot of value from our conversation and you can too!
Key Ideas
In the $50,000 range of student loans, using PSLF is more of a toss up. Consider how quickly you can pay off the loans and if you can honestly put that much money toward the loan pay off.
Paying off loans might not be the best choice if you have large expenses coming up such as medical bills or a car purchase that would require you to get another loan with a higher rate later.
The key is to do the math. Run the numbers to determine what the best option is moving forward.
Show Notes
StudentLoanAdvice.com (professional student loan planners)
Loan Signing System (Learn to be a Notary-I am an affiliate, but I also used this program and recommend it!)