3272: [Part 2] How to Pay Off Student Loans Fast On Your Path to FIRE by Scott Rieckens of Playing With Fire

Optimal Finance Daily - Financial Independence and Money Advice

Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com.

Episode 3272:

Scott Rieckens shares practical strategies for tackling student loans quickly, from setting up auto-pay and making extra payments to refinancing for a lower interest rate. He also highlights alternative approaches, such as income-driven repayment plans and loan forgiveness, showing that the right path depends on your financial goals and circumstances. These insights can help you accelerate debt freedom and move closer to financial independence.

Read along with the original article(s) here: https://www.playingwithfire.co/blog/how-to-pay-off-student-loans-fast-fire

Quotes to ponder:

"Debt doesn't have to be your reality forever."

"If you want to pay off your loan quickly, making extra payments is key."

"Student loan refinancing is one of the best things you can do to help get you out of debt faster."

Episode references:

Income-Driven Repayment Plans (Federal Student Aid): https://studentaid.gov/idr

Public Service Loan Forgiveness (Federal Student Aid): https://studentaid.gov/pslf

The Student Loan Planner: https://www.studentloanplanner.com

Learn more about your ad choices. Visit megaphone.fm/adchoices