Our Blog
Providing Helpful Resources2 options if you can’t afford your Student Loan
If you struggle paying your student loans, contact your lender and ask about the following two programs. Income-Based Repayment (IBR) If you qualify for IBR, your maximum monthly payments will be 15% of discretionary income, using a specific formula. Under the newer...
Understanding Student Loans (Terminology)
Now that we have a basic understanding of the types of Student Loans, let's break down the terminology that relates to your loan. Deferment Student loan deferments allow you to postpone paying back your loans in certain circumstances. This is an extremely important...
Understanding Student Loans
Many of our clients are overwhelmed with student loans and don't have a very strong grasp with understanding the structure of the loan, type of loan, repayment options, forbearance, default, loan terms, or deferment. Over a period of several Blogs, I will make every...
WayPoint 5 – Safe Zone
Congratulations! You have reached WayPoint 5. Your unsecured debt has been eliminated, your cars are paid for and the only debt remaining is your primary mortgage. WayPoint 5 is called the "Safety zone". In the Nautical world, Safety Zones prohibit unauthorized entry...
2015 Resolutions
It's that time of year again when millions of people resolve to make a change in their life. New Year's resolutions have become an end of year tradition for many people who have lost their way during the previous year and want to make amends for straying from the...
WayPoint 4 – DebtWave
If you managed to save between $1,000 and $2,500 in your Initial Emergency Fund, congratulations! You have met a major milestone that most people will never attain. With this accomplishment, you are now ready to attack your debt. WayPoint 4 is called the "DebtWave"....