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If you have been following our Financial Independence Journey, you know that we have $350K left in student loan debt. So far we have gotten rid of $650K in debt on our F.I.R.E journey. In this episode, we discuss our unconventional plans for dealing with our student loans – and it’s probably not what you think.
Is it always best to pay your student loans off quickly? Especially if it is a large amount? We’re not so sure….Part of our plans involve utilizing the Public Student Loan Forgiveness Program for Curt’s loan. The other part of our plans – we contemplate whether we should ever pay of Wendy’s or if we should pay as little as possible for as long as possible and instead use that money to buy income-producing property.
We’d like you to share your thoughts about our plan.
#F.I.R.E #financialindependence #financialindependenceretireearly
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❎I am not a CPA or a financial advisor. I am a licensed attorney only in the state of Arizona (bar#021923); however, nothing in this video is to be construed as legal advice or create an attorney-client relationship. ❎The content in these videos shall not be construed as tax, legal, or financial advice, or other and may be outdated or inaccurate; it is your responsibility to verify all information yourself. This is a Youtube video for entertainment purposes ONLY. ❎ If you need advice, please contact a qualified CPA, attorney, financial advisor, or the appropriate professional for the subject you would like help with.❎ Linked items may create a financial benefit for Wendy and/or House of FI. ❎ Wendy is a licensed real estate agent doing business as Sold With Wendy in California under DRE #02040758. ❎This is not an advertisement of property for sale. Any mention of properties listed or sale or otherwise shall not be construed as anything other than opinion for entertainment purposes only.