Thursday Aug 29, 2024

Dealing with the Past (Debt Repayment Strategies & Student Loans)

On this episode of Beyond Big Law, host Jessica Medina, a former lawyer turned financial counselor, shares her journey of paying off over $200,000 in student loans after graduating from Columbia Law School. Despite the financial burden, Jessica's prestige-driven decision led her to Columbia, where she eventually tackled her debt. Tune in to learn how Jessica navigated the intersection of law and finance to achieve financial stability and guide attorneys toward their true passions.

Timestamps:

[00:00:37] Paying off significant student loans.

[00:05:38] Managing lawyer student loan debt.

[00:08:16] Forgiveness options for student loans.

[00:10:52] Student loan repayment strategies.

[00:14:30] Emotional resilience in debt repayment.

[00:17:45] The value of debt.

[00:20:31] Cash flow management systems.

 

About The Show

Beyond Biglaw delves into the psychological barriers that prevent lawyers from seeking financial help, such as the fear of judgment and the ingrained habit of only asking questions when they know the answers. Jessica's approach to financial counseling is rooted in empathy, a judgment-free environment, and the understanding that there are no stupid questions regarding personal finance.

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