Student Loans & Coronavirus | Why You Shouldn't Pay Your Federal Loans Right Now

Marriage Kids and Money: Personal Finance for Families

Andy Hill

Parenting, Kids & Family, Business, Investing

4.9 • 605 Ratings

🗓️ 4 May 2020

⏱️ 44 minutes

🔗️ Recording | iTunes | RSS

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Summary

Student Loans are already a confusing subject. Now when you add Coronavirus into the mix, it becomes even more complicated! Robert Farrington from The College Investor joins us to explain why you shouldn't pay back your student loans right now. Also, we hear from Brian Harrison from SAVVI Financial about how we can take 3 steps to financial empowerment this year. RESOURCES **Sponsor + Partners + Deals: https://www.marriagekidsandmoney.com/sponsors Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Hi, this is Ava from Vanta.
0:02.0	In today's digital world, compliance regulations are changing constantly,
0:07.0	and earning customer trust has never mattered more.
0:10.0	Vanta helps companies get compliant fast and stay secure,
0:13.0	with the most advanced AI automation and continuous monitoring out there.
0:17.0	So whether you're a startup going for your first stock two or ISO-27,001, or a growing
0:22.1	enterprise managing vendor risk, Banta makes it quick, easy, and scalable, and I'm not to say
0:27.2	that because I work here. Get started today at banta.com. If you have a federal student loan,
0:32.9	and I'll put a little asterisk on that, but your payments are paused until September 30th, and your interest
0:39.4	is set to 0%. So no interest until September 30th. So literally, the federal government
0:45.6	push the pause button on your federal student loans for the next five months or so.
0:56.4	This show is dedicated to helping you, strengthen your family tree, and live financially
1:01.8	free.
1:02.5	Welcome to the Marriage Kids and Money podcast, everybody.
1:04.7	My name is Andy Hill.
1:06.8	And today, we're going to do three things.
1:10.6	First, we're going to have a quick chat with my friend Robert
1:13.6	Farrington from the college investor about student loans and the current coronavirus situation.
1:21.1	We're going to discuss important information that's going to help you understand your options
1:26.3	during this financial crisis. Second, we your options during this financial crisis.
1:29.3	Second, we are back with our FinTech Spotlight segment.
1:33.9	This month, we're going to feature our sponsor, Savvy Financial.
	...

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