Q&A: High-Paying Job vs. PSLF, Aging Parents, & House-Hacking Too Soon?

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Aug 14, 2025

Dive into the excitement of cryptocurrency as Bitcoin soars and Ethereum thrives. Explore the balance of managing student loans while saving for retirement and homeownership. Discover strategies for early financial planning, including the benefits of a Roth IRA. Unpack investment strategies that balance income and growth, tailored for young adults. Prepare for aging parents with long-term care insurance insights. Compare managed Airbnb funds versus personal rental properties for wise investments. Embrace simplicity in finance for greater control and success.

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ADVICE

Use Your 20s To Multiply Income

Use your 20s to aggressively increase income and save: work hard, pursue side businesses, or trades.
Treat early earnings as leverage for future wealth rather than short-term consumption.

volunteer_activism

ADVICE

Choose Higher Pay Over PSLF In Many Cases

Leave low-paying public PSLF-qualifying work if private pay multiplies your income substantially.
Use higher private-sector earnings to aggressively pay and refinance loans faster than waiting for forgiveness.

insights

INSIGHT

Compare Lifetime Earnings, Not Just Forgiveness

Over a career, the extra private-sector income often outweighs PSLF forgiveness totals.
Evaluate cumulative lifetime earnings versus forgiveness, not just the emotional appeal of PSLF.

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Navigating Student Loans and Financial Priorities

03:00 • 4min

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Financial Planning for Early Adulthood

07:23 • 8min

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Balancing Income and Growth in Investment Strategies

15:51 • 3min

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Wealth Building for Young Adults

19:04 • 23min

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Navigating Aging Care and Tax Mitigation Strategies

42:16 • 3min

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Evaluating Investment Strategies: Airbnb Funds vs. Personal Ownership

45:11 • 3min

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Simplicity in Finance

48:22 • 7min

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In this week's episode of the Rich Habits Podcast, Robert Croak and Austin Hankwitz answer your questions!

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Disclosure: A Bond Account is a self-directed brokerage account with Public Investing, member FINRA/SIPC. Deposits into this account are used to purchase 10 investment-grade and high-yield bonds. As of 8/14/25, the average, annualized yield to worst (YTW) across the Bond Account is greater than 6%. A bond’s yield is a function of its market price, which can fluctuate; therefore, a bond’s YTW is not “locked in” until the bond is purchased, and your yield at time of purchase may be different from the yield shown here. The “locked in” YTW is not guaranteed; you may receive less than the YTW of the bonds in the Bond Account if you sell any of the bonds before maturity or if the issuer defaults on the bond. Public Investing charges a markup on each bond trade. See our⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠Fee Schedule⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠. Bond Accounts are not recommendations of individual bonds or default allocations. The bonds in the Bond Account have not been selected based on your needs or risk profile. See⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠https://public.com/disclosures/bond-account⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ to learn more.

Hankwitz Group LLC has an existing business relationship with NEOS Investment Management LLC. The opinions expressed are those of the author, and the author owns several NEOS ETFs.