Timothy Sumer

In this episode: the PLDF and IDR waiver, irreversible decisions, and action steps. This week we are re-joined by friend of the podcast, Tim Hornsby, to discuss some updates and deadlines pertaining to student loan forgiveness. While the thought of paying off student loans can feel daunting, there may actually be some ways to mitigate the stress entirely! Though this episode may not pertain to your situation specifically, we believe it can act as a resource for some you may know, or others on this journey who are looking to clean up their loan situation. Travis Hornsby: Website: studentloanplanner.com Timestamps: 1:14 - Introduction/Where Are We Today? 9:45 - Irreversible Decisions 11:55 - The PSLF and IDR Waiver 17:34 - $300 vs $1500 a month 23:30 - Searching and Patience, What Are The Action Steps? 31:33 - Conclusion Resources Mentioned In Today’s Episode: The Student Loan Reset | The Student Loan Planner | ChooseFI Ep 391 F

You can optimize your finances in many ways. To reach your goals, there are some things you need to do, but others you should avoid. If you don’t want to look back at the end of the year and say, “I wish I would have done that…”, this podcast is for you. Join Lauryn Williams, CFP®, CSLP®, and Meagan McGuire, CSLP®, as they talk about how to ditch misconceptions that can mess up your whole year, the right moves to overcome challenges and how to make 2023 your best financial year. In today’s #StudentLoanPlanner episode, you'll find out: ✅ Why you should book a consultation even if you don’t think you need it ✅ What is the new Pay As You Earn plan ✅ Why you might need to enroll in PAYE right now ✅ Why budgeting isn’t the ‘big bad B word’ ✅ How to budget your expenses to save more and maximize your paycheck ✅ When you should never leave a balance on your credit card ✅ The first line of defense when dealing with or avoiding debt ✅ How a budget can help you avoid identity the

For many student loan borrowers, saving money can be daunting. Knowing how to save and where to put your hard-earned money can be a difficult decision to make. Student Loan Advisors Dan Rooker, CFP®, CSLP®, and Ben Lacomis, CSLP®, are here to help you make the best financial decisions. Here’s a sneak peek into savings rates, updated savings and contribution rates for retirement accounts, and other common savings buckets to watch for, as well as examples of where you could save in 2023. In today’s #StudentLoanPlanner episode, you'll find out: ✅ The average savings rate in 2020 and why it was so high ✅ What Dan and Ben are looking forward to next year ✅ How Dan is approaching travel in 2023 ✅ Ben’s focus on financial planning and growth in 2023 ✅ How to calculate your savings rate with student loan debt ✅ About the net worth calculator in our Student Loan Calculator spreadsheet ✅ The best place to put your money in 2023 ✅ Savings caps for retirement, health-related saving