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- Nov 2, 2015
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I am very fortunate to have a wife that will be working while I'm in residency. Though she won't be making a lot, she will have enough for us to live on with her salary alone. What is the best way to start paying back loans during residency? Any certain percentage each month of your income goes to the loans? I hate the idea of just paying back interest, but it seems the resident salary may not be enough to do much damage to the heap of loans I have. Just to note, I'm going into family med.
Also, I recently heard a podcast about a resident that used credit cards with 0% interest for 18 months to pay back her loans, that way it stopped some interest from accruing while she was able to pay back some loans. Anyone have any experience with this? Or any thoughts on this?
Thank you. I appreciate any sincere responses I can get about this.
Also, I recently heard a podcast about a resident that used credit cards with 0% interest for 18 months to pay back her loans, that way it stopped some interest from accruing while she was able to pay back some loans. Anyone have any experience with this? Or any thoughts on this?
Thank you. I appreciate any sincere responses I can get about this.