Marriage, Kids And Money

Student loan payments are resuming after a three-year hiatus. Ever since news of the ending student loan payment pause, there have been rumblings on the internet: “I’m not paying my student loan anymore. I’m forgiving them myself.”  While most of these comments are made in jest, what would actually happen if you just… stopped paying your student loan debt?   We’re joined by Robert Farrington, Millennial Money Expert and founder of The College Investor, to chat about the ramifications of neglecting to pay your student loans. We talk about the threat of wage garnishments, 20% collection fees, how this decision could ruin your financial life, and what your repayment options are. GENERATIONAL WEALTH SEGMENT: Building family wealth and happiness becomes a lot easier when you have a lot of time. What do our kids have a lot of? Time! On this week’s Generational Wealth Segment, Clifton Corbin joins us to talk about financial literacy for children and young adults. SHOW RESOURCES: Sponsors + Partners + Deals GUEST BI