In this episode, Joe talks all about student loan debt, debt forgiveness, and how to get out of debt. Also, should you invest in a Roth IRA or pay off student loan debt?
In the beginning, Jaime was building websites himself, but then the company grew. Today, Slapshot Studio offers WordPress web development, brand image consulting, SEO, video production and related services accommodating the needs of entrepreneurs and small businesses.
Armed with an amazing staff, Slapshot Studio has grown into a mature and robust ally for businesses to maintain their presence and reputation online.
Once your WordPress website is built, Slapshot Studio offers a variety of servicess to help your business get the word out about your products and servicess. Here are some of our most popular servicess:
- WordPress Web Development
- Social Media Consulting / Management Services
- Brand Strategy
In This Podcast
I am not a financial advisor, accountant, or attorney, this is all my personal experience and should not be taken as financial guidance, find your own professional if you want one.
Some National Statistics
Average bachelor degree student comes out with $37 000 –> $351 per month.
Average masters degree student comes out with $58 000.
This, combined, comes to $93 000.
Subsidised Loan: the interest is only accrued after you’re done with college.
Unsubsidised Loan: interest starts accruing straight away.
Interest rates: 5-6%.
You can deduct the first $2500 dollars of interest with tax deductions.
Tips & Advice
Here’s an awesome video that gives some great quick tips about investing and making more money, all on an index card.
For information on debt forgiveness www.studentaid.ed.gov (check this link to be sure)
Book: Dave Ramsey’s The Total Money Makeover – http://amzn.to/2rUPxMZ
Book: The Bogleheads’ Guide to Investing – http://amzn.to/2tRUT8z
- Essentials For Your Practice Webinar Series: https://practiceofthepractice.com/practiceessentials
- Summer Edition Of The Practice Of The Practice Magazine: https://practiceofthepractice.com/magazine
- Student Loan Forgiveness Program: www.studentaid.ed.gov
Meet Joe Sanok
Joe Sanok helps counselors to create thriving practices that are the envy of other counselors. He has helped counselors to grow their businesses by 50-500% and is proud of all the private practice owners that are growing their income, influence, and impact on the world. Click here to explore consulting with Joe.
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