Upon graduating from nurse anesthesia school in August 2014, I promptly looked into whether I would qualify for the Public Loan Forgiveness Program. After investigating the issue, I realized I wasn’t going to benefit from the program at all. When I did the numbers, I could either pay 5-7% on my federal student loans over … More SoFi Student Loan Review
Click on any of the icons below for a review of the student loan products offered by each company. Sign up now and receive a $200 bonus. Sign up now and receive a $300 bonus. Email Chris O’Book at cobook@firstrepublic.com and reference this blog to receive a $200 bonus. Sign up now and receive a … More A Comparison of Student Loans
This is a refrain I’ve heard from many of my colleagues/former classmates. I’ve consolidated and refinanced my student loans to the lowest interest rate possible. I’m saving for a house or I already have a mortgage. But now, I’ve got this stash of cash on hand and am not sure where to put it. Furthermore, … More I have $25,000 in savings and I don’t know where to put it (Hint: Robo-advisor)
In a previous post, I mentioned expense ratios ought to be a consideration on whether you should invest your money in a retirement fund because the different between 0.25% versus 1% over 30 years will mean the difference of nearly $300,000. So, what exactly should you invest your money in? The answer, like everything else … More What Should I Invest My 401(k) Funds In?
So, you started you new job as a CRNA and you’ve been able to sock away $18,000 to your 401(k) or 403(b). Great job, but don’t pat yourself on the back just yet. Whether working for a hospital system or an anesthesia group, chances are you may be paying a variety of fees that will … More Your 401(k) Fees Will Destroy Your Retirement
So, why is your credit score report so important and what goes into computing the score? Suffice to say, I think it’s generally well-known that having a great credit score will secure you a low interest rates on loans, whether they’re student, auto, mortgage, business, etc. This post is for those who may not have … More Credit Report Breakdown
You’re done with nurse anesthesia school! Oh, thank the Lord Almighty! The grind of graduate school is finally over and you’ve got your first paycheck! Holy schnikes! That’s a huge paycheck. All that time and energy has finally paid off. What are you going to do now? Buy that Tesla 3! What, are you kidding … More The 5 Steps to Financial Independence
NO! Unless you have at least $100,000 in assets, it is my personal opinion that you should not even waste your time with a financial advisor! If you’re in the same or similar position as me, managing your finances comes down to these simple lessons: Don’t waste your time and money on a financial advisor. … More Should I Use A Financial Advisor?
What to do, what to do with your student loan repayment plan? Rather than reinvent the wheel, read this as it does an excellent job of breaking down the numbers with refinancing a student loan with a variable versus fixed interest rate. I have always opted for a variable interest student loan both as an undergraduate and a graduate student. … More Variable vs. Fixed Interest Rates
By the time I graduated, I had a number of private and federal student loans with varying interest rates that ranged from 3% to 7%. Some of my loans came from my accelerated nursing program while the remaining came from my graduate education in nurse anesthesia. In sum, I acquired ~$140,000 in student loans, which … More Consolidation and Refinancing Your Student Loans
Life as a CRNA 