#AskWhitney + Paula Pant: Paying Down Student Loans, Celebrating Goal Completion, Alternatives to VTSAX, and Drastic Changes

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Today, I’m answering questions from you, with previous guest Paula Pant. Here are your questions….

Want me to answer your question? Send me an email whitney@whitneyhansen.com

Michelle-

My husband and I have been relaxed on paying his student loan. He is on the income repayment plan. I have never wanted to look at it as I know it is a lot but didn’t know how much.

This year I told him I wanted to tackle this loan. (It is the only debt we have.) Well I just looked at it.

I am not shocked, just overwhelmed now. It is broken down into 7 different loans all ranging from 5.5%-6.55% interest rates. On the income repayment plan I also just found out none of the payment is going to principle all to the interest. I have no idea how to tackle this or if these interest rates are even any good. Any suggestions on where to start?

Katy-

Hi! My husband and I have been listening to the podcasts and now following in the group. New Year’s Day we had a money date and made our big goals for the year. What are some rewards you do when you compete a goal? I think it would help us stay more focused for the whole year.
Katie-

If you can’t access VTSAX through your employer 401K (Which is Vanguard btw) what would be the next best index fund for your retirement investment?
Sarah-

What is the most dramatic or radical change you’ve made that resulted in the greatest positive impact on your finances? Just curious.

The post #AskWhitney + Paula Pant: Paying Down Student Loans, Celebrating Goal Completion, Alternatives to VTSAX, and Drastic Changes appeared first on The Money Nerds Podcast.

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