Student Loan Planner
Is your savings rate good or bad?
Jul 30, 2019 · 49 min
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Do you have a good savings rate? What is a good savings rate anyway? In this episode, learn why a high savings rate is so critical — and how to secure one for yourself.

 

In today’s episode, you'll find out:

 

  • How do you define a savings rate?
  • The history of savings rates in the U.S.
  • How advertisements might have affected savings rates
  • Where the current average national savings rate has settled
  • How having six figures of student loan debt should affect your savings rate
  • The saving statistics of the Student Loan Planner audience
  • Our recommended savings rate
  • How savings rates affect taking risks or changing your situation
  • What a savings rate can get you in terms of retirement
  • Five ways to fix a bad savings rate
  • Why a savings rate is more important than a student loan strategy
  • How to start saving with a better rate
  • Why avoiding money paralysis is imperative
  • Why considering a fee-only fiduciary financial planner is wise

 

Full show notes at: http://studentloanplanner.com/35

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