The Rate Wealth Podcast

For more Travel PT info and financial strategies, check out this article: https://www.fitbux.com/articles/travel-physical-therapist-salary/

In this quick podcast episode, we explain the benefits of a pre-tax investment and the post-tax investment. Which type of investment to choose will (as with anything in healthcare, and as you're starting to realize in finance) DEPEND on your goals and situation.

Many people make the mistake of recommending one extreme or the other. They either recommend focusing on pre-tax retirement accounts or focusing on Roth IRAs.

Its amazing how many "financial professionals" get this wrong. The correct answer is "it depends" on your situation as well as a focus on retirement income diversification.

This podcast goes deeper into how you should be making this decision.

Michelle, like many of us, was a victim of high priced college education relative to income post-graduation and zero financial education growing up.

She loved helping people so she became an OT.

She was burnt out because of her money situation.

Hear how she overcame a poor money situation, paid off 140k in student loans, and is now on her way to achieving financial freedom.

Home affordability is at an all-time low.

Home supply is still low.

Interest rates and inflation... oh my!

This is FitBUX's quarterly home ownership update with Josh Mettle from Neo Home Loans.

We discuss everything from inflation, our 2023 housing market outlook, explain why mortgage rates went down last week, etc...

This is a story about how Amy learned to FOCUS on what mattered to her financially. 

Amy was always a good student, with a 4.0 GPA and an AP scholar.  She did great in undergrad and pursued a doctorate in the medical field. 

Besides her career, she really loved DIY home projects, and was super excited to finally graduate and start working so she could buy a house.  However, she was terrified because she had absolutely no clue what to do with money.  She had over $250K in student loan debt, a car loan of $500/month, and only making a $78K salary.  She was advised by well meaning people to do XYZ and ABC.  But she couldn't qualify for a mortgage.

Finally a colleague told her about FitBUX.  Amy built a profile and developed her plan.  But the plan wasn't want she wanted.  She was conflicted, and finally decided to schedule a call with her FitBUX Coach.  She finally learned... FOCUS is the key.

Listen in to see what it means to FOCUS.

Home prices are at all time highs.  Mortgage rates are climbing.  To make things even more challenging, many young professionals are trying to buy a house with student loan debt.

Buying mortgage points may be your secret weapon to reducing the cost of your mortgage and saving a ton of money.

We all wish we could snap our fingers and be out of debt.  Unfortunately, that can’t happen for most of us. 

Therefore, we search on Google ways to pay off student loans fast.  Instead of getting good recommendations we instead get results like ‘become a dog walker.’

These articles aren’t bad but center more on ways to increase income.  They should really be titled how to creatively pay off student loans.

This podcast is different than the others.  I detail nine real ways to pay off your student loans fast.  

I will also debunk two myths that many websites tell you to do which are garbage recommendations and cost you a lot of money!

The good news is we can develop a good plan.  With a good plan and the tips in this podcast, you’ll be seeing the light at the end of the tunnel.  

For more details click: https://www.fitbux.com/articles/pay-off-student-loans-fast/

Student loan forgiveness update, its dead... for now.  The Biden Administration also released new regulations for student loans.

The stock market and the economy still suck. Find out what new news was to released that back this up...

When you start understanding finance and getting creative with it, you can generate wealth. Here is a story about someone who started out as a PTA, and became a real estate investor.

Nic King, graduated from college, and was accepted into PTA school 3 days before classes start.  He started out in outpatient orthopedics.  When he received his first paycheck, he was shocked in how little ended up in his bank account.  It was a huge learning experience about taxes.  Then in 2021, he's transferred into a director of clinical education.

Prior to academics, he was able to purchase multiple properties in a short amount of time, and now has passive income.

In this podcast, Joe will go over the key items you need to know about robo advisors and which ones to use and which ones to avoid. 

If you'd like more details, click here.