The FitBUX Podcast Joseph Reinke

Uncover a little-known student loan repayment loophole that has the potential to save you thousands of dollars in the long run.
In this informative podcast, we will carefully explore the intricacies of how this loophole operates, ensuring that you grasp the concept fully.
Our step-by-step guide will walk you through the process of leveraging this loophole to significantly decrease your student loan debt, offering you a tangible way to alleviate the financial burden that comes with loan repayment.
This is an opportunity you definitely do not want to overlook if you are looking to save money and make your student loan journey more manageable. Waste no time and hit play to start learning how you can begin saving today!
Don't miss out on this chance to save, especially with recent updates under the Joe Biden administration.

In this episode, we discuss breaking news on President Biden's student loan repayment plan, SAVE, which faced four significant setbacks this week. Join us as we analyze the implications of these developments and what they mean for student loan borrowers moving forward.

Our financial expert reacts to some of the worst 401k advice I've seen on TikTok. As a financial expert, I get DMs daily about questionable financial tips floating around the internet. Today, I'm breaking down a viral TikTok claiming that 401ks aren't worth it. Spoiler alert: some points are valid, but there's a lot of misleading information too.
I'll explain why matching contributions are crucial, the importance of understanding vesting, and debunk myths about market control and tax penalties. Plus, I'll reveal the hidden agenda behind this advice and why it's important to be cautious about where you get your financial tips.
Stay tuned until the end to understand the real motive and why I started FitBUX to combat such misinformation. If you're new here, I'm Joseph Reinke, founder of FitBUX. This channel is dedicated to providing financial education for young professionals aged 20-40. Welcome!

In this episode, Joseph Reinke, CFA demystifies the Public Service Loan Forgiveness (PSLF) program and guides you through the essential steps to qualify. Despite many believing they don’t meet the criteria, most borrowers with Direct Loans are inherently eligible. If your loans are not Direct Loans, we discuss the nuances of loan consolidation and how it impacts your eligibility.
We delve into the intricacies of Income-Driven Repayment (IDR) plans, crucial for PSLF qualification, explaining why PSLF is not a standalone plan but a feature within these programs. Learn the importance of annually recertifying your income to avoid default solutions like forbearance—especially vital if your income changes.
Furthermore, we clarify the employment requirements: working full-time (now defined as 32 hours per week by the government) at a qualifying non-profit or government organization is a must. We'll explain why certain positions, like contractors or those employed by for-profit entities, do not qualify.
Finally, we emphasize the importance of submitting your Employment Certification Form correctly to ensure your progress toward loan forgiveness is tracked accurately.
Don’t miss this episode if you're aiming to navigate the complexities of PSLF or know someone who might benefit. Tune in to empower yourself with the knowledge to take control of your student loans effectively.
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In this podcast episode, Joseph Reinke discusses how two FitBUX members use pscyhology to rethink debt and reduce their financial related stress.
In one instance, the FitBUX member has a low interest rate mortgage debt.  Although his savings account is earning more interest, he is stressed about having a 300k balance on a mortgage.
In the other instance, the FitBUX member needs to save for the IDR tax bomb but is stressed that their student loan balance isn't going down.
Tune in to see how these FitBUX members used Joe's guidance to reduce their stress.

Join Joseph Reinke, the founder of FitBUX, as he explores the often overlooked concept of human capital and its critical role in achieving financial wellness and freedom. In this engaging podcast episode, Joseph addresses a common concern among young professionals: the daunting reality of debt and negative net worth. However, he brings a fresh perspective by illustrating how human capital—your education, experiences, and skills—constitutes your most valuable asset.
This episode demystifies the concept of human capital, explaining it not just as your potential to earn, but as the embodiment of your knowledge, creativity, and professional attributes that collectively produce economic value. Joseph uses relatable analogies, like comparing an individual's intangible assets to those of a technology company like Facebook, to make the concept more accessible and impactful.
Listeners will discover how understanding and leveraging their human capital can transform their approach to debt, investments, and overall financial planning. The discussion also covers practical strategies for maximizing wealth through both vertical and horizontal growth in human capital, providing actionable insights for listeners to apply immediately to their financial lives.
Perfect for young professionals aged 20 to 40 seeking both tangible and intangible financial freedom, this episode not only enlightens but also empowers its audience to reframe their financial outlook and achieve greater economic success.