Blog tagged as payingoffdebt

Why as early as freshman year?

I am often asked why I always say that planning for financial aid and paying for college starts as early as Freshman year.  After all, their son or daughter may have just entered high school and may have no idea of what they want to study, never mind where they want to go to college. I totally ...

Jack
16.03.21 11:08 AM - Comment(s)
Refinancing student loans | Tempted by the rate to refinance?

Given that interest rates are so low right now, have you been getting

those really low interest rate offers? You may be wondering what to do. Let's talk about what other factors you should be considering.


Recently, I've been getting a lot of questions wondering if they should refinance. Given that int...

Jack
26.01.21 02:00 PM - Comment(s)
Student loan forgiveness? It’s more complicated than you may think.

Student loan forgiveness would be nice to have but probably shouldn't count on it. Kind of like winning the lottery but it doesn't happen often. There are a number of issues that have to get resolved before the Biden administration would be able to do this even though some have argued that President...

Jack
12.01.21 08:00 AM - Comment(s)
Paying off mortgage = saving for retirement?

One question that has come up recently is whether or not paying off your mortgage is a good strategy (and the question here is on the primary residence, not on investment real estate). With the pandemic causing job losses, even people who kept their jobs are thinking about this as a way to reduce fi...

Jack
03.06.20 10:26 PM - Comment(s)
Save vs pay down debt in the age of pandemic

One question that I’m getting a lot right now is about this age old topic - should I be saving my money or paying down debt? In this age where we’re all sitting at home, some working, some not, the answer is not so obvious.

 

This question came in from a few clients who have taken loans recently ...

Jack
22.04.20 12:41 PM - Comment(s)