Splendid Yoga: Manage Your Money Yogically

Morgan L Balavage
Splendid Yoga: Manage Your Money Yogically

When you think of your money, do you panic or do you feel at ease? No but seriously: what's holding you back from making the money you need to live the life you want? We're gonna give you some simple systems to make it SUPER easy to make the money you deserve to make to live life on your terms. Season 1: personal finance for healers and yoga teachers Season 2: super simple social media management Season 3: The Healer Interviews Season 4: The Corporate Yoga Revolution (ongoing) Season 5: Interesting Ways to Make Money (ongoing) Season 6: Debt Stories (ongoing) Support this podcast: https://podcasters.spotify.com/pod/show/splendidyoga/support

  1. Debt Stories: How Aline Paid Off 85k In Student Loans

    01/21/2021

    Debt Stories: How Aline Paid Off 85k In Student Loans

    Aline took out 80k in student loans to get her MBA and paid if off in 2 and a half years. This is how she did it: 1 - REFINANCE. Google “refinance student loans” to find the cheapest rates. Aline reduced her 10 year loan with 7% interest to a 5 year 3.5% loan. That psychologically made the debt feel more bearable. She also recommends setting up auto-pay (most loan processors will give you a better deal if you do this) but actually pay the debt earlier in the month so you don’t have to pay for the extra days of interest. 2 - SAVE UP AN EMERGENCY FUND. Standard personal advice says you need at least $1000 and up to 1 year of your budget (so if youspend $40k in a year, you need to have $40k in a liquid savings account). Aline saved up some money to give herself a cushion. 3 - INVEST TO PAY OFF YOUR DEBT. But don’t invest in what you don’t understand! Aline bet that should would make more than 3.5% off her investments, and she won that bet and used her gains to pay down her student loans. 4 - MAKE MORE MONEY. Aline got a new job making more money - that’s the quickest way to give yourself a raise. 5 - NEGOTIATE YOUR STATIC EXPENSES. Aline negotiated with her landlord to get $500 off her rent because of the pandemic conditions. Check out the episode to hear more details about Aline’s story! ___ Here's all the info on the Business Bootcamp Mastermind: https://www.splendid.yoga/mastermind For more info about Morgan, check out: https://www.splendid.yoga/ Here’s the Manage Your Money Yogically FB group. http://www.facebook.com/groups/splendidyoga Here's the main podcast page. http://www.splendid.yoga/mymypodcast --- Support this podcast: https://podcasters.spotify.com/pod/show/splendidyoga/support

    23 min

Ratings & Reviews

5
out of 5
7 Ratings

About

When you think of your money, do you panic or do you feel at ease? No but seriously: what's holding you back from making the money you need to live the life you want? We're gonna give you some simple systems to make it SUPER easy to make the money you deserve to make to live life on your terms. Season 1: personal finance for healers and yoga teachers Season 2: super simple social media management Season 3: The Healer Interviews Season 4: The Corporate Yoga Revolution (ongoing) Season 5: Interesting Ways to Make Money (ongoing) Season 6: Debt Stories (ongoing) Support this podcast: https://podcasters.spotify.com/pod/show/splendidyoga/support

To listen to explicit episodes, sign in.

Stay up to date with this show

Sign in or sign up to follow shows, save episodes, and get the latest updates.

Select a country or region

Africa, Middle East, and India

Asia Pacific

Europe

Latin America and the Caribbean

The United States and Canada