284 episodes

Travis helps you navigate the insane world of student loans, especially if you owe $20,000 to $1 million. If you've ever spent too much time on the phone with your loan servicer, this is the show for you. Every week we share tips on loan forgiveness, investing, crushing debt, and how to get to financial freedom when you owe more than most people's mortgage.

Student Loan Planner Travis Hornsby

    • Business
    • 4.8 • 139 Ratings

Travis helps you navigate the insane world of student loans, especially if you owe $20,000 to $1 million. If you've ever spent too much time on the phone with your loan servicer, this is the show for you. Every week we share tips on loan forgiveness, investing, crushing debt, and how to get to financial freedom when you owe more than most people's mortgage.

    Tips I’ve Learned as a Business Owner

    Tips I’ve Learned as a Business Owner

    Are you curious about business ownership? Whether you're just flirting with the idea of starting your venture or already knee-deep in entrepreneurship, this show is packed with actionable advice to help guide your journey. We'll explore why setting boundaries is not just a buzzword but a fundamental practice for any successful business owner. You’ll also discover specific strategies to carve out a profitable niche, edge out competition, and utilize barriers to your advantage. But the key takeaway here is that student loan debt shouldn’t be a barrier to your dreams. So grab your notepad, and let's jump into the world of business ownership with a clear head and a strategic mindset. 
    In today’s episode, you'll find out:
    How boundaries are a crucial part of business success Why focusing on profitability is crucial before scaling up Ways to validate your business model without offering discounts Why barriers, competition, and market availability are key to your business choice How regulatory barriers can offer both challenges and benefits The importance of identifying specific customer pain points and solving them Strategies to address low reimbursement rates or high service costs The financial impact and workload considerations when dealing with insurance companies Why holding free clinics might be a better strategy than accepting low-paying insurance The best ways to balance family life, retirement, and work fulfillment  
    Like the show? There are several ways you can help!

    Follow on Apple Podcasts, Spotify or Amazon Music Leave an honest review on Apple Podcasts  Subscribe to the newsletter Feeling helpless when it comes to your student loans?
    Try our free student loan calculator Check out our refinancing bonuses we negotiated Book your custom student loan plan Get profession-specific financial planning  
    Do you have a question about student loans? Leave us a voicemail here or email us at help@studentloanplanner.com and we might feature it in an upcoming show!
     

    • 38 min
    Tax FAQs from Student Loan Borrowers

    Tax FAQs from Student Loan Borrowers

    Tax season got you scratching your head? Let’s clear the fog. Join me and Rebecca Bauldauf, CPA, CCFC, from the SLP Wealth tax team, as we navigate the maze of taxes, student loan planning, family dynamics, and long-term financial strategies. Whether you're flying solo or juggling the finances of a growing family, you’ll discover actionable tips that could lead to substantial savings, from the ins and outs of tax service fees to strategies for retirement savings and dealing with the IRS. And if you're in search of a long-term financial ally, learn how to find the right tax help that aligns with your goals. Get ready to reshape your financial approach and transform your tax strategy!
    In today’s episode, you'll find out:
    The hidden impact of commoditized tax prep services When higher CPA fees become worthwhile for complex tax situations Advantages of hiring different firms for their practice and personal tax returns Two crucial financial moves for low-income earners How marriage changes your tax game, tax filing status and student loan payments Smart retirement savings strategies that factor in PSLF and employer matches Key steps for residents to maximize their tax bracket and student loan situation The secret weapon of the 1040-X form in tax filings How to navigate 'married filing separately' in community property states If you should link your student loan account to the IRS or manually certify income How tactical contributions to retirement accounts can make a huge difference in your student loan repayment journey Why coordinating tax and financial planning teams improves your financial position Pros and cons of filing taxes separately for childless couples with student loans The importance of long-term tax planning regardless of income level  
    Like the show? There are several ways you can help!

    Follow on Apple Podcasts, Spotify or Amazon Music Leave an honest review on Apple Podcasts  Subscribe to the newsletter Feeling helpless when it comes to your student loans?
    Try our free student loan calculator Check out our refinancing bonuses we negotiated Book your custom student loan plan Get profession-specific financial planning  
    Do you have a question about student loans? Leave us a voicemail here or email us at help@studentloanplanner.com and we might feature it in an upcoming show!

    • 37 min
    Which Tik Tok Finance Tips Get You Arrested?

    Which Tik Tok Finance Tips Get You Arrested?

    Financial advice has never been more accessible — or more questionable. Are you ready to tackle the truth behind those viral finance hacks you’ve seen online? The barrage of personal finance advice on platforms like TikTok is a siren song, promising financial security and a life free from money worries. But those tips can affect more than just your wallet. Some might get you a slap on the wrist, while others could land you in legal hot water. Join me as I sift through the noise of self-proclaimed “experts” peddling easy wealth, from misleading tax credit pitches and hazy tax advice to exaggerated real estate loopholes and sketchy investment opportunities. Discover how to distinguish between genuine advice and deceptive, flashy pitches to build a solid financial foundation that can withstand the trends and temptations of our times. 
    In today’s episode, you'll find out:
    How pandemic relief is stretching the IRS too thin, leading to tax fraud and scams The exact requirements and documentation for the short-term rental tax loophole Why you can’t focus solely on “maximizing wealth” The ins and outs of student loan loopholes and how to avoid pitfalls How visual effects can skew your perception of financial advice found on social media Why “vanilla” insurance products win out over complex insurance-investment hybrids How actuaries calculate insurance product profitability and why it favors the company Why the allure of low interest rates and novelty causes alternative investments to surge Why decisions based on student loan forgiveness programs can be risky The real estate loophole to use if one spouse works full time and the other takes on real estate investing The truth behind the marketing of whole life and universal life insurance Why tax-efficient index funds may be a better investment alternative How the concept of “infinite banking” could be misleading When borrowing against insurance products might not be the best option Why the smartest financial move is to verify before you buy  
     
    Like the show? There are several ways you can help!

    Follow on Apple Podcasts, Spotify or Amazon Music Leave an honest review on Apple Podcasts  Subscribe to the newsletter Feeling helpless when it comes to your student loans?
    Try our free student loan calculator Check out our refinancing bonuses we negotiated Book your custom student loan plan Get profession-specific financial planning Do you have a question about student loans? Leave us a voicemail here or email us at help@studentloanplanner.com and we might feature it in an upcoming show!

    • 26 min
    Financially Undressing: A Talk About Your Debt

    Financially Undressing: A Talk About Your Debt

    Are you ready to strip away the layers of your financial life? We’re unbuttoning the secrets of debt management and financial planning. We cover everything from the impact of inflated car prices on credit and the potential risks and benefits of home equity lines of credit (HELOCs) to debt management strategies and the potential tax implications of forgiven debt. Senior Student Loan Advisors Sim Terwilliger, CFP®, CSLP®, and Meagan McGuire, ChFC®, CSLP®, share expert insights on debt consolidation, budgeting for recurring expenses, and the significance of prioritizing mental health while working towards financial goals. Get ready to shed some light on your financial wardrobe with valuable tips to help you become debt-free and financially empowered. 
    In today’s episode, you'll find out:
    The difference between the funnel method and the strainer approach for financial goals How the pandemic’s inflated car prices are impacting car loans and credit What high loan-to-value ratios mean for your credit score The role of credit reports for landlords, jobs, and future debt costs How car payments can make or break your house hunting journey A warning to parents about using HELOCs to pay for children’s college costs When to use HELOC vs. double consolidation for student loan debt What changes borrowers can expect in student loan forgiveness programs Why math-based strategies like debt avalanche or debt snowball aren’t a slam-dunk The sneaky language in cosigner agreements and why refinancing is a smart solution What types of debt to prioritize before paying off private student loans How to get out of default on federal student loans The secret to leveraging debt to earn money rather than paying it off Options when dealing with IRS debt and how to balance payment options  
    Like the show? There are several ways you can help!

    Follow on Apple Podcasts, Spotify or Google Podcasts Leave an honest review on Apple Podcasts  Subscribe to the newsletter  
    Feeling helpless when it comes to your student loans?
    Try our free student loan calculator Check out our refinancing bonuses we negotiated Book your custom student loan plan Do you have a question about student loans? Leave us a voicemail here or email us at help@studentloanplanner.com and we might feature it in an upcoming show!
     

    • 53 min
    Using Real Estate to Lower Student Loan Payments

    Using Real Estate to Lower Student Loan Payments

    The world of real estate can feel overwhelming. The rewards can be incredible, but it’s a journey filled with highs and lows. Joining me is Student Loan Advisor Rebecca Baldauf, CPA, CCFC, and Senior Student Loan Advisor and partner in SLP Wealth Dan Rooker, CFP®, CSLP®. They’re sharing their experiences with multifamily properties, I open up about my challenges with home renovations, and together we’re getting real about real estate investment and why you shouldn’t let student loans get in your way. You’ll learn about savvy tax planning, investment strategies that can make a big difference, and what it takes to get Real Estate Professional Status. Whether you're already dipping your toes in the real estate waters or just real estate-curious, this episode is a fountain of insights, personal stories, and expert advice.
     
    In today’s episode, you'll find out:
    Key tax-saving strategies and depreciation tricks in real estate How to calculate property depreciation from the purchase price Why real estate taxes are different from other investments The impact of real estate investment on financial health and lifestyle How real estate influences income-driven repayment plans  Why refinancing real estate in changing market conditions can be a smart move What Real Estate Professional Status is and how to get it When to use 1031 exchange to defer capital gains tax in real estate The good and the bad of investing in owner-occupied properties How passive real estate investments like REITs factor into taxes Why tax planning is crucial when renting out personal residences What bonus depreciation is and how it can help you build wealth
    Links mentioned:
    BiggerPockets Coach Carson Like the show? There are several ways you can help!

    Follow on Apple Podcasts, Spotify or Google Podcasts Leave an honest review on Apple Podcasts  Subscribe to the newsletter  
    Feeling helpless when it comes to your student loans?
    Try our free student loan calculator Check out our refinancing bonuses we negotiated Book your custom student loan plan Do you have a question about student loans? Leave us a voicemail here or email us at help@studentloanplanner.com and we might feature it in an upcoming show!
     

    • 36 min
    Married Filing Separately Traps to Avoid

    Married Filing Separately Traps to Avoid

    Just in time for tax season, I’m unraveling the complex tax strategy of married filing separately. You might have heard that it’s a game-changer, especially for folks with student loans. But it’s not at all straightforward. You’ll learn the dos and don’ts, and I’ll uncover tips to help you avoid costly mistakes and even find some savings along the way. We’ll talk about everything from how your and your spouse’s income can play a huge role to unexpected losses like tax credits and deductions. Also, if you're juggling things like adoption expenses, dependent care credits, or figuring out the best way to handle your retirement contributions, I've got you covered. Student loan borrowers on an IDR plan, don’t miss the best tip: find out how delaying your tax filing just might be in your best interest.  
    In today’s episode, you'll find out:
    Why married filing separately might lead to higher taxes, especially with uneven incomes How filing separately affects ACA subsidies and Medicare premiums The effect on tax credits and deductions, including those for dependent care and education Challenges with Roth IRA contributions when filing separately, including backdoor strategies Why filing separately is different in common law versus community property states How filing separately can interfere with small business deductions and credits Why delaying tax filing can save you money on income-driven student loan repayments Tax consequences for borrowers in loan forgiveness programs when filing separately The cost and benefits of professional tax services combined with financial planning How inaccurate income reporting can leave you vulnerable to audits and penalties Links mentioned: 
    Get profession-specific tax help with SLP Wealth
     
    Like the show? There are several ways you can help!

    Follow on Apple Podcasts, Spotify or Google Podcasts Leave an honest review on Apple Podcasts  Subscribe to the newsletter  
    Feeling helpless when it comes to your student loans?
    Try our free student loan calculator Check out our refinancing bonuses we negotiated Book your custom student loan plan Do you have a question about student loans? Leave us a voicemail here or email us at help@studentloanplanner.com and we might feature it in an upcoming show!
     

    • 28 min

Customer Reviews

4.8 out of 5
139 Ratings

139 Ratings

karen from Dallas ,

A must for anyone with student loans.

Thank you so much Travis and your team for all that you. Looking out for us with student loans, with compassion and nonjudgmental .

Stumblette ,

Meh

Very informative, however as much as it’s boasted that you can apply these steps to anyone’s situation, which…I’m sure you can to a degree, I’ve listened to many of these episodes and it is largely focused on people with 6-digit debt, ASSUMING they’re in well paying jobs like medical, or married with dual income, and especially people who qualify for PSLF.

For someone like me, 6-digit student loans, stuck in 46k job that ISN’T medical or government or anything remotely PSLF-qualifying, with high bills, I haven’t found anything that talks to people like me.

Smart guy, but where’s the help for the:
-single
-$200k+ debt
-$46k gross
-living minimally with $180 to live off bi-weekly after bills
-standard job; think customer service, not govt or medical or law

BaylorBear 11 ,

Thank you

This is an amazing resource for student loan borrowers. Thank you!

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