By Paula Pant
What if you did everything “right”, earned the degree, landed the six-figure job, and still felt broke?
That’s exactly where Rose Han found herself. Fresh out of NYU with a finance degree and a Wall Street paycheck, she had a negative net worth, mounting stress, and a sinking feeling that traditional success wasn’t the path […]
By Paula Pant
The student loan pause is coming to an end.
A moratorium on student loan repayments has been in place since the start of the pandemic, but starting Sept. 1st, millions of borrowers will be required to start making payments on their loans again.
What does this mean for borrowers? In this episode, we’ll discuss what borrowers can do to prepare, including an in-depth look at the variety of repayment plan options.
We’ll also talk (in general terms) about how to handle ANY surprise new monthly bill – whether it’s a medical bill, a family member who needs ongoing financial help, or a student loan repayment that’s about to restart.
Written By Paula Pant
Imagine staring down the road, seeing dozens of half-built houses.
I’m not talking about houses that are actively under construction. And I’m not talking about decrepit old houses that need to be torn down.
I’m talking about houses that were partially built … and then nothing. No active construction. No wheelbarrows […]
Written By Paula Pant
What if the most common strategies to repay debt are wrong?
Two popular methods are used to repay debt. One focuses on the interest rate; the other focuses on “small wins.”
I recommend reading this post if you want a solid understanding of these two methods. Here’s the executive summary: the “Debt […]
Written By Paula Pant
What would you do if reason says one thing but your heart says another?
That’s the predicament many people find themselves in as they search for the best strategy to repay debt.
Reason says you should repay the debt with the highest interest rate first. Your emotions say to — well, really, they say to […]
Written By Paula Pant
Yesterday I read three great posts all on the same topic: what would I do if I won a million dollars?
One blogger says she’d pay off debt, save for retirement, take a vacation and remodel a home. Another blogger would “stare in sheer disbelief at the balance in my bank account.” And a […]
