By: Jeff @ Sustainable Life Blog
Carrie This was not mentioned in your article but it holds true for most student loans so I’m going to point it out: Many student loans are deferred and interest keeps accruing to the note. Once the...
View ArticleBy: Paul Williams
Carrie, I’d be careful of filing separately. You lose a great number of tax benefits by doing that. You may have lower loan payments but you could end up paying a lot more in taxes. The best way to...
View ArticleBy: Steve in W MA
I believe your question revolves around the fact that you have a student loan balance that is about double your income of 50,000, and that by filing taxes separately from your husband you can have your...
View ArticleBy: Steve in W MA
One thing to watch out for is what happens to your student loan payments if one of you loses your job. If the payments won’t adjust down based upon decreased income, and you don’t have enough cash to...
View ArticleBy: The Prudent Planner
Here is my answer and it’s short and simple. Take a look at the largest expenses you have (mortgage, car payments, child care, etc.) and reduce those first. You can start with small expenses but you...
View ArticleBy: Paul Williams
Carrie, I’d be careful of filing separately. You lose a great number of tax benefits by doing that. You may have lower loan payments but you could end up paying a lot more in taxes. The best way to...
View ArticleBy: Steve in W MA
I believe your question revolves around the fact that you have a student loan balance that is about double your income of 50,000, and that by filing taxes separately from your husband you can have your...
View ArticleBy: Steve in W MA
One thing to watch out for is what happens to your student loan payments if one of you loses your job. If the payments won’t adjust down based upon decreased income, and you don’t have enough cash to...
View ArticleBy: The Prudent Planner
Here is my answer and it’s short and simple. Take a look at the largest expenses you have (mortgage, car payments, child care, etc.) and reduce those first. You can start with small expenses but you...
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