096: How to Rapidly Pay off Law School Debt (with guest Financial Panther)

Welcome back! Today, we're excited to have as our guest the founder of Financial Panther, a personal finance blog created for young professionals. Kevin paid off all his law school loans in a little over two years and has a lot of insight into how to stay financially grounded once you enter the legal profession.

In this episode, we discuss:

• How Kevin paid off his law school loans so quickly
• The impact of scholarship offers on law school decisions
• Calculating how much debt you can really take on
• Living like a student after you've started making money
• How to work the side-hustle in and after law school
• Common financial mistakes students and young lawyers make
• Giving yourself some financial breathing room to prepare for the uncertainties of life
• Assessing competing financial priorities and decisions when you first enter the workforce
• Is law school really worth it, financially speaking?

Resources:

• Esqyr (http://www.esqyr.com/)
• Esqyr Bar Exam Tool Box 10% off Coupon (http://www.esqyr.com/barexamtoolbox/)
• Financial Panther (http://www.financialpanther.co/)
• Everything You Need to Know about Law School Scholarships (http://lawschooltoolbox.com/everything-need-know-law-school-scholarships/)
• Podcast Episode 92: Top 1L Questions: The Money Edition (http://lawschooltoolbox.com/podcast-episode-92-top-1l-questions-money-edition/)
• Ahead of the Curve: Take the Money or Take a Gamble? Should a Scholarship Determine Which Law School You Attend? (http://lawschooltoolbox.com/ahead-of-the-curve-take-the-money-or-take-a-gamble-should-a-scholarship-determine-which-law-school-i-attend/)
• Podcast Episode 38: Can You Really Afford Law School? (http://lawschooltoolbox.com/podcast-episode-38-can-you-really-afford-law-school/)
• Boon and Gable (https://boonandgable.com/)
• Wag! (https://wagwalking.com/)
• DogVacay (https://dogvacay.com/)
• Postmates (https://postmates.com/)
• DoorDash (https://www.doordash.com/)
• Caviar (https://www.trycaviar.com/)
• The Reality of Law School Debt (http://lawschooltoolbox.com/the-reality-of-law-school-debt/)

Episode Transcript: Download the Transcript (http://lawschooltoolbox.com/wp-content/uploads/2017/04/Episode_96_-_Financial_Panther2-2.pdf)

If you enjoy the podcast, we'd love a nice review and/or rating on iTunes (https://itunes.apple.com/us/podcast/law-school-toolbox-podcast/id1027603976) (or your listening platform of choice). And feel free to reach out to us directly. You can always reach us via the contact form on the Law School Toolbox website (http://lawschooltoolbox.com/contact). If you're concerned about the bar exam, check out our sister site, the Bar Exam Toolbox (http://barexamtoolbox.com/).

Thanks for listening!

Alison & Lee