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#1 Misuse Of Income Driven Student Loan Repayment Plans

By Joseph Reinke, CFA, CEO of FitBUX I often tell others, “Every financial product has its purpose and if used correctly can be an effective component of your personal finance arsenal.”  However, many using Federal income-driven repayment (“IDR”) plans are misusing them.  This article discusses the number one reason why IDR plans are misused by Read More …

#2 Misuse Of Income Driven Student Loan Repayment Plans

By Joseph Reinke, CFA, CEO of FitBUX Every financial product has its purpose and if used correctly can be an effective component of your personal finance arsenal.  However, many using Federal income-driven repayment (“IDR”) plans are misusing them.  This article discusses one of the ways they are often misused.  The following quote from Facebook highlights Read More …

Investing vs. Money Management

By Joseph Reinke, CFA, CEO of FitBUX Business Insider recently published an article detailing an interview with one of the most famous investors of all time, Jim Rogers.  This article details how Jim Rogers does not believe in diversification. “Well, I know that people are taught to diversify. But diversification is just something that brokers Read More …

Using An Income Driven Student Loan Repayment Plan? Avoid This Costly Mistake

By Joseph Reinke, CFA, CEO of FitBUX When it comes to Federal income driven repayment (“IDR”) plans for student loans, it seems that everyone from ‘Financial experts’ to your peers have differing opinions about them.  Generally, we’ve been hearing two common viewpoints, either they are the greatest repayment plan introduced or they are a toxic product that Read More …