Money Meets Medicine Podcast

MMM #10: The Good, Bad, and Ugly of Student Loan Management

The amount of times that I’ve seen really bad student loan management from doctors that I help is too numerous to count.  The fact is that there are some good ways to handle student loans, and some really ugly mistakes in student loan management that can cost people dearly.  Which group do you fall in?  The good, the bad, or the ugly of student loan management?

What You’ll Learn:

In today’s episode of Money Meets Medicine, “The Good, Bad, and Ugly of Student Loan Management,” you’re going to learn all about how to properly manage your student loans and more:

  • How (and when) to refinance your student loans to ease the burden
  • Common mistakes physicians make with their loans
  • How to use your debt to income ratio to figure out what to do with your loans
  • The tips and tricks of the student loan refinancing “ladder”
  • Everything you could want to know about PSLF

Resources from the Episode:

Top Student Loan Refinance Deals

Student Loan Refinance Ladder: A Case Study

Can I trust PSLF? The PSLF Side Fund

Student Loan Debt Statistics In 2019: A $1.5 Trillion Crisis

Loan Buddy

This Episode’s Sponsor

refinance student loansThis episode’s sponsor is Earnest, a student loan refinancing company.  If you refinance through the link provided on this podcast, you will receive a $500 cashback bonus for doing so, and you will also be supporting the Money Meets Medicine podcast when you do that.  It is a win-win-win. You can find out more information by visiting earnest.com/moneymeetsmedicine.

Listener Question of the Week:

Today’s listener question comes from Eliza Beth. She says,

“I would like some clarification on taxes in side gigs in relationship to solo 401ks. If you make 18k total in a side gig, how much can you put into a solo 401k pretax per yr to avoid taxes on that $”

Each episode, we are going to start including listener questions as they are provided to us.  So, if you have a specific question you’d like answered on the podcast reach out to us!  Email [email protected] or [email protected]



Submit a Comment

Your email address will not be published. Required fields are marked *

You might also be interested in…

Should I Use My HSA or FSA?

Should I Use My HSA or FSA?

As we head into the final months of the year, which is typically the time of year for open enrollment for benefits, lots of benefit questions inevitably arise – particularly in regards to spending accounts like HSA vs FSA.

5 Things About Retirement Accounts Every Doctor Should Know

5 Things About Retirement Accounts Every Doctor Should Know

Retirement funds are one of the biggest points of financial confusion for doctors. We want to provide some clarity and understanding so you can learn what you need to know to start making your money grow.

We’re going over five things about retirement accounts every doctor should know.

MMM 90: Hard Decisions on Money Meets Medicine

MMM 90: Hard Decisions on Money Meets Medicine

Have you ever felt like things are getting really heavy? And that you need to make a change? That is what we are going to do today on the show today. We are going to pull back the curtain and talk about things that have been going on in our lives. Often people don’t think about the lives of the people behind the YouTube videos or podcasts like this one, Money Meets Medicine. So today we are going to dive in and talk about hard decisions on this podcast Money Meets Medicine. Join us as we explore why resting in your personal and financial lives is essential for healthy success.

Are you ready to live a life you love?