40: Two $50,000 Decisions, What To Do? with Taylor Pulsipher

Join Shaun Morgan on The Teacher Money Show as he discusses the financial challenges faced by music teachers like Taylor Pulsipher. Taylor shares her journey into teaching and her concerns about managing student loans and financial stability in the music education field. Explore the show notes at: https://www.teachermoneyshow.com/show40 Become a guest on the show: https://www.teachermoneyshow.com/guest Leave a voicemail question: https://www.speakpipe.com/teachermoneyshow Shaun offers Taylor personalized financial coaching, addressing the societal undervaluing of music teachers in student loan forgiveness programs. They explore strategies for managing student loans, including the limitations of loan forgiveness programs for non-STEM educators. Shaun advises Taylor on prioritizing spending, considering loan forgiveness programs like PSLF, and building an emergency fund. The conversation also covers planning for future expenses, such as car purchases, and weighing the financial implications of buying new versus used cars. Shaun emphasizes the importance of being mindful of financial decisions and invites listeners to share their experiences or seek advice for potential features on the podcast. Don't miss this insightful episode on navigating student loans and financial stability as a music teacher!