UpstateNYUPSer(Ret)
Well-Known Member
He is locked in at $55K plus full benefits for his first 3 years. He will be making more than I do within 5 years. For him, the investment was worth it.
Top pay for driver
- Thread starter Thatguy123
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He is locked in at $55K plus full benefits for his first 3 years. He will be making more than I do within 5 years. For him, the investment was worth it.
Brownslave688
You want a toe? I can get you a toe.
Student loan intrest can't always be written off guys.
Orion inc.
I like turtles
If it isn't close to $150,000 /year, I would wonder if the MBA investment was worth it. My wife has one but hers did pay off way more then she invested.
It's always a toss up. He should definitely pay it off before he takes on a mortgage or anything.
UpstateNYUPSer(Ret)
Well-Known Member
We all don't have a Sugar Mama making $200K.
Orion inc.
I like turtles
Written it off every year, never had an issue. Our CPA always reviews it every year
Brownslave688
You want a toe? I can get you a toe.
You don't make too much money then.
UpstateNYUPSer(Ret)
Well-Known Member
Orion inc.
I like turtles
I'd be real careful crossing that line by your passive aggressive jabs at my wife. I'll only warn you once Dave.
Your real identity is pretty well known on this forum.
You forgot one big factor. The power of compounding at an early age,can't be made up later.
brownmonster
Man of Great Wisdom
My oldest has a student loan balance of 30k and she has 27k in the bank. Trying to get her to pay it off and save another 25k in interest over the next 15 years. Tough to pull the money out once it's saved. (She lives at home yet).
Brownslave688
You want a toe? I can get you a toe.
No but someone might and needs to know they can't write off student loan intrest if that's the case.
Brownslave688
You want a toe? I can get you a toe.
Why in the world would she take out that long of a student loan.
Refi for 5 years if I was her.
Orion inc.
I like turtles
Not true. I write a very long list of stuff. Our tax situation is very complex.
But nice assumption.
Orion inc.
I like turtles
Umm where do you get that you can't write student loan interest off?
You absolutely can.
We don't do it anymore as hers is paid off, but you can write it off.
http://www.cnbc.com/2014/01/24/fina...-save-earlier-smarter-for-retirement.htmlhtml
This was what I'm driving at.
This was what I'm driving at.
Brownslave688
You want a toe? I can get you a toe.
There's an income limit for writing off student loan intrest. I believe 150k or 200k a year.
Not very complex.
Brownslave688
You want a toe? I can get you a toe.
Orion inc.
I like turtles
Depends on what your investment and tax structures are.
It can be very complex. It's not just cut and dry.
Sorry didn't mean to duplicate your post.
