Investing while paying off student loans

NerdWallet's Smart Money Podcast

NerdWallet Personal Finance

Business, Education, Investing, How To

4.2 • 665 Ratings

🗓️ 7 September 2020

⏱️ 13 minutes

🔗️ Recording | iTunes | RSS

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Summary

Should you invest or pay off debt? This question can get especially tricky when you’re talking about investing in your company’s stock versus paying down your student loans. Sean and Liz help a listener who wants to know if she should exercise her stock options or focus on paying her $90,000 student loan debt. As always, send us your money questions! Email [email protected] or call or text the NerdHotline at 901-730-6373. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:22.8	entrepreneurs like you. Sign up for your $1 a month trial at Shopify.com slash setup.
0:30.2	Hey everyone, Liz and I are taking the week off for the holiday, but in the meantime, here is one of our
0:35.7	most popular episodes from the archive about whether
0:38.4	it's better to invest or pay off your student loans. Spoiler alert, you can do both. We'll be back
0:45.6	next week with a fresh episode, but in the meantime, help us help you. That means sending us
0:52.0	your money questions so we can get our nerds to answer them on a future
0:55.5	episode. Call or text the nerd hotline at 901-730-6373. That's 901-730 nerd. Or email us at
1:05.5	podcast at nerdwallet.com. All right, that's all I got for now. Hope you enjoy the episode.
1:20.3	Hello, welcome to the NerdWallet Smart Money podcast, where we answer your money questions. I'm your host, Liz Weston. And I'm your other host, Sean Piles. As always,
1:25.8	be sure to send us your money questions. You can call or text
1:28.9	the nerd hotline at 901-7306373. That's 901-730 Nerd. Or you can email us at podcast atnerd.com.
1:38.9	This episode, we've got a really interesting question that will be familiar to anyone who's worked
1:43.0	at a startup. It comes from
1:44.7	Kelly in Sacramento. She asks, my tech company offers stock options, and there is so much hoopla
1:51.8	over them in the Bay Area. I don't know if I should even exercise, given my $90,000 student loan
1:57.8	debt. But at the same time, have FOMO. That's fear of missing out for any of you who don't
2:03.3	know. Most of the people I work with in tech are lucky to have no debt as their parents paid for all
2:09.5	of their college. Lucky people. It is a private company, so I can't just sell my options on the
	...

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