We’ve all heard of the ever increasing debt crisis that is crippling the personal finances of most Americans. Nestled in all of this is the ballooning student loan debt crisis which seemingly affects almost every young person graduating from college or university. Meanwhile, millennials today, more than any generation before, consider financial health one of the biggest factors in love and marriage.
In this episode, we interview our good friends Sammi and Kyle, a young couple who came into their relationship in very different financial positions. Sammi accumulated a significant amount of savings by her mid-twenties. Kyle, on the other hand, has six-figure student loan debt. This situation could have been a deal breaker for many couples, but Sammi and Kyle have been able to make it work. They talk to us honestly about their feelings around this debt and how they might want to tackle it. Kyle gives much needed financial advice to high school and college aged students who may be considering the same type of education that he went through. Finally, we discuss how couples can make their relationships work by relying on shared financial values and life goals.
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Joel's blog Financial 180: https://fi180.com
And until next time, we hope you stay In Love & Money!