42. Debt Series Part 3: Payoff Strategies + Student Loans

42. Debt Series Part 3: Payoff Strategies + Student Loans

This is the third and final episode of the practical ways to pay off your debt series! Today we're getting into the actual payoff strategies, avalanche, snowball, and lasso, plus a student loan update that is time-sensitive if you're currently in SAVE forbearance. If you missed episodes one and two, go back and start there. I covered the debt, inventory, budgeting, emergency funds, and investing while in debt. Topics covered in this episode: * Various debt payoff strategies * Credit card points and when they're actually worth it * Tracking your debt payoff progress * Student loan updates Resources mentioned: * Debt Reset Guide [https://socialworktowealth.myflodesk.com/debtreset] — A free guide to help you reset your relationship with debt and start fresh * Student Loan Planner IBR Calculator [https://www.studentloanplanner.com/repayment-assistance-plan-rap-calculator/] — Free calculator to estimate your monthly payment * Student Loan Planner Consult [https://socialworktowealth.com/studentloanplanner] — Work one-on-one with a certified student loan professional, use my link to get $100 off * Employer Certification Form — studentaid.gov [https://studentaid.gov/pslf/] — Submit this at least once a year to verify your qualifying employment for PSLF * Thermometer Debt Tracker [https://drive.google.com/file/d/1SxyybMh2GZkJsCJAevbxD8znw4_ftaDe/view?usp=sharing] — A visual tracker to help you see and celebrate your debt payoff progress * Work with Taylor [https://calendly.com/taylor-lcsw/money-consult?back=1] — Book a one-on-one money consult with me! Connect with us! * Social Work to Wealth Newsletter [https://socialworktowealth.myflodesk.com/podcast] * Continuing Education Updates Only Newsletter [https://socialworktowealth.myflodesk.com/ceu-waitlist] * Submit your podcast episode idea! [https://docs.google.com/forms/d/e/1FAIpQLSeSHQBPJD5_sv2xgAjd-ZKDmPT__4foYbnZ5CJwWFH0lvkGHA/viewform?usp=preview] * Find Social Work to Wealth on: TikTok [https://www.tiktok.com/@socialworktowealth], Instagram [https://instagram.com/socialworktowealth], & YouTube [https://www.youtube.com/@socialworktowealth]. Disclaimer: The information presented in this podcast & on any affiliated platforms is for educational, informational, & entertainment purposes only and should not be construed as legal, financial, or professional advice. Consuming this content does not create an attorney-client relationship. If you need legal advice pertaining to your particular situation, consult one-on-one with an attorney.

41. Debt Series Part 2: Budgeting + Investing

This is part two of the practical ways to pay off your debt series! If you missed episode 36, go back and listen first, that's where we did the debt inventory and laid the foundation for everything we're building on now. This episode covers three big topics: budgeting, emergency funds, and investing while in debt. Topics covered in this episode: * What a budget actually is * How to set realistic spending numbers using past statements * Budgeting methods: 50/30/20, zero-based, pay yourself first, envelope system * Emergency funds during debt payoff * Should you invest while in debt? * Balancing low-interest debt payoff with investing Resources mentioned: * Debt Reset Guide [https://socialworktowealth.myflodesk.com/debtreset] — A free guide to help you reset your relationship with debt and start fresh * Free Budgeting Google Sheet [https://docs.google.com/spreadsheets/d/1Tbcz6XYFprP-cpOFOsBJtd5aDdiVCdcGcuaw7zUoMO4/copy?usp=sharing] — Simple budgeting spreadsheet to track your income, expenses, and margin * Monarch Money [https://monarch.com/referral/lo4612209p?r_source=copy] — A budgeting app that connects all your accounts in one place * Lunch Money [https://lunchmoney.app/] — A simple, flexible budgeting tool great for visual spenders * Ally High Yield Savings [https://www.ally.com/referral?code=9F6N4Q9S3C&CP=MobileAppReferFriend] — My go-to high yield savings account (HYSA) * Work with Taylor [https://calendly.com/taylor-lcsw/money-consult?back=1] — Book a one-on-one money consult with me! Connect with us! * Social Work to Wealth Newsletter [https://socialworktowealth.myflodesk.com/podcast] * Continuing Education Updates Only Newsletter [https://socialworktowealth.myflodesk.com/ceu-waitlist] * Submit your podcast episode idea! [https://docs.google.com/forms/d/e/1FAIpQLSeSHQBPJD5_sv2xgAjd-ZKDmPT__4foYbnZ5CJwWFH0lvkGHA/viewform?usp=preview] * Find Social Work to Wealth on: TikTok [https://www.tiktok.com/@socialworktowealth], Instagram [https://instagram.com/socialworktowealth], & YouTube [https://www.youtube.com/@socialworktowealth]. Disclaimer: The information presented in this podcast & on any affiliated platforms is for educational, informational, & entertainment purposes only and should not be construed as legal, financial, or professional advice. Consuming this content does not create an attorney-client relationship. If you need legal advice pertaining to your particular situation, consult one-on-one with an attorney.

40. Is Building Wealth as a Social Worker Against the Code of Ethics?

"Making this much money is against the code of ethics." "If you care about money, you should have been a psychologist or counselor, not a social worker. In this episode, we're addressing comments regarding our episode with Liz Rhea, a therapist in Georgia who made $224,000 in 2025. A few comments suggested that earning that kind of income is antithetical to social work ethics, that wanting financial stability makes you selfish, and that if money matters to you, maybe you shouldn't be a social worker at all. We have thoughts. 😅 We chat about: * The comments that sparked this conversation * What the NASW Code of Ethics actually says about income * How the savior complex shows up financially in our profession * Why struggling financially is not solidarity with our clients * Why social workers policing each other's salaries is a form of self-oppression * Why financial stability is important for us and the people we serve Resources mentioned: * "The Obligation of White Women: Dismantling White Supremacy Culture in Social Work Education" [https://journals.indianapolis.iu.edu/index.php/advancesinsocialwork/article/download/24467/23885/47284] * Doin' the Work Podcast: White Supremacy Culture in Social Work [https://podcasts.apple.com/us/podcast/white-supremacy-in-social-work-charla-cannon-yearwood/id1350146691?i=1000467275697] Connect with us! * Social Work to Wealth CE Updates [https://socialworktowealth.myflodesk.com/ceu-waitlist] — CE only updates * Social Work to Wealth Newsletter [https://socialworktowealth.myflodesk.com/podcast] — Get updates on money resources, events, salaries, and more straight to your inbox * Submit your podcast episode idea! [https://docs.google.com/forms/d/e/1FAIpQLSeSHQBPJD5_sv2xgAjd-ZKDmPT__4foYbnZ5CJwWFH0lvkGHA/viewform?usp=preview] * Find Social Work to Wealth on: TikTok [https://www.tiktok.com/@socialworktowealth], Instagram [https://instagram.com/socialworktowealth], & YouTube [https://www.youtube.com/@socialworktowealth]. Disclaimer: The information presented in this podcast & on any affiliated platforms is for educational, informational, & entertainment purposes only and should not be construed as legal, financial, or professional advice. Consuming this content does not create an attorney-client relationship. If you need legal advice pertaining to your particular situation, consult one-on-one with an attorney.

39. From $25K in Debt to Financial Therapist with LaQueshia Clemons, LCSW

LaQueshia Clemons, LCSW and financial therapist, joined the podcast to chat about her journey paying off $25k in debt, her career, and tips for social workers on navigating their careers. LaQueshia runs a group financial therapy practice in Connecticut, one of the only practices of its kind focused entirely on the intersection of emotions and money, and she co-authored Dear Therapist, You Deserve More: A Guide to Financial Freedom, Career Growth, and Personal Fulfillment. We chat about: * How LaQueshia went from $25K in credit card debt to running a financial therapy group practice * The emotional and behavioral patterns around money she had to unlearn * What financial therapy actually is and who it's for * Why social workers don't need to have their niche figured out right away * The limiting beliefs that keep social workers stuck * What LaQueshia would tell her new grad school self Resources mentioned: * Wealthy Social Worker swag [https://social-work-to-wealth.printify.me/] * 270+ Job Titles for Social Workers PDF [https://stan.store/socialworktowealth/p/job-titles--resources-pdf-version] * Dear Therapist, You Deserve More: A Guide to Financial Freedom, Career Growth, and Personal Fulfillment [https://amzn.to/43xNC0d] Connect with us! * Social Work to Wealth Newsletter [https://socialworktowealth.myflodesk.com/podcast] — a newsletter for the social worker wanting to level up their career and money. * Find Social Work to Wealth on: TikTok [https://www.tiktok.com/@socialworktowealth], Instagram [https://instagram.com/socialworktowealth], & YouTube [https://www.youtube.com/@socialworktowealth]. Disclaimer: The information presented in this podcast & on any affiliated platforms is for educational, informational, & entertainment purposes only and should not be construed as legal, financial, or professional advice. Consuming this content does not create an attorney-client relationship. If you need legal advice pertaining to your particular situation, consult one-on-one with an attorney.

38. Earn Continuing Education Credits by Listening to the Podcast!

We are now officially offering continuing education credits through the podcast! We have been approved to offer CEs by the Association of Social Work Boards (ASWB). We have been working toward this for a long time and are so excited to finally share it with you. In this episode, we chat about everything you need to know about how it works, who’s eligible, and what episodes are available today! Not every episode will be CE eligible, so keep an eye out for the [CE] bracket in the title. How it works: * Listen to the podcast episode (always free, wherever you get your podcasts) * Purchase the CE course on our learning platform [https://learn.socialworktowealth.com/courses] * Complete a short post-test and evaluation * Download your certificate immediately Resources mentioned: * Social Work to Wealth CE Updates [https://socialworktowealth.myflodesk.com/ceu-waitlist] — CE only updates * Social Work to Wealth Newsletter [https://socialworktowealth.myflodesk.com/podcast] — Get updates on money resources, events, salaries, and more straight to your inbox * Submit your podcast episode idea! [https://docs.google.com/forms/d/e/1FAIpQLSeSHQBPJD5_sv2xgAjd-ZKDmPT__4foYbnZ5CJwWFH0lvkGHA/viewform?usp=preview] * Book a 1:1 with Taylor! [https://calendly.com/taylor-lcsw] Connect with us! * Find Social Work to Wealth on: TikTok [https://www.tiktok.com/@socialworktowealth], Instagram [https://instagram.com/socialworktowealth], & YouTube [https://www.youtube.com/@socialworktowealth]. Disclaimer: The information presented in this podcast & on any affiliated platforms is for educational, informational, & entertainment purposes only and should not be construed as legal, financial, or professional advice. Consuming this content does not create an attorney-client relationship. If you need legal advice pertaining to your particular situation, consult one-on-one with an attorney.