President Biden announced major changes to student loans 8/24/22. There is much more than just widespread student loan cancellation to consider here. Here is what you need to know: $10,000 student loan cancellation for federal student loan borrowers Income must be below $125,000 if single, $250,000 if married filing jointly to qualify Income will be […]
Archives for 2022
Student Loan Pause Extension Update
The Biden administration extended the pause on federal direct student loan payments and interest through 8/31/22. Previously expected to resume in May 2022, this marks the 6th extension of the pause originally started back in October 2020 by the Trump administration. I don’t expect this to be the final extension, either. While previous extensions were […]
Where to Save Your Next Dollar
Saving money is only half the battle when it comes to managing your finances effectively. Where you put that money has an immense impact on reaching your long-term financial goals. Do you keep money in the bank, pay off debt, or invest it one of a variety of tax advantaged accounts? Failing to make the […]
Should I Refinance My Mortgage?
Interest rates remain extremely low, which makes now a good time to consider refinancing your mortgage if you haven’t already done so in the past few years. Refinancing can be a good option for those that: Own at least 20% equity in your home Have good credit Acquired the mortgage when interest rates were higher. […]
