Avoid the Siren Songs of Student Loans

Student loans are a huge source of anxiety for many borrowers. Wondering how you’ll pay them off can feel like a weight that you have to carry around, which has led to lots of folks making unsound or unnecessary financial decisions. It’s what I call the “siren songs of student loans.” When you think back to Greek mythology, there were sirens that lured sailors to their death with their beautiful songs. Student loans can also have “siren songs” that can lure us into making big mistakes that impact our future wealth growth. In this week’s episode, I’m talking about how you can avoid the seven most common siren songs of the student loan world and why student loans shouldn't stop you from living your best life. In today’s episode, you'll find out: Why focusing on the interest rate above all else is a mistake How to avoid only seeking out PSLF-eligible jobs You don’t need to fixate on student loan repayment assistance How to take on additional debt for school – the right way Why NOT to pay for school with cash The “false idol” of debt-free hustle culture Why you should consider leaving a job you hate, even if you still have loans Like the show? There are several ways you can help! Follow on Apple Podcasts, Spotify or Google Podcasts Leave an honest review on Apple Podcasts  Follow on Facebook, Twitter, or LinkedIn   Feeling helpless when it comes to your student loans? Try our free student loan calculator Check out our refinancing bonuses we negotiated Book your custom student loan plan Do you have a question about student loans? Leave us a voicemail here or email us at help@studentloanplanner.com and we might feature it in an upcoming show!  

Om Podcasten

Travis helps you navigate the insane world of student loans, especially if you owe $20,000 to $1 million. If you've ever spent too much time on the phone with your loan servicer, this is the show for you. Every week we share tips on loan forgiveness, investing, crushing debt, and how to get to financial freedom when you owe more than most people's mortgage.