Personal financial help for student loans and taxes?
June 18, 2014 7:35 AM Subscribe
I need some financial planning / loan help.
I graduated from grad school a year ago, and I'm getting my life together. I'm doing well professionally, juggling freelance gigs -- this doesn't necessarily mean I'm paid well, but I'm happy and fulfilled with what I'm doing. But my personal finances are a total wreck, and I need a professional to help. Who should I be looking for?
posted by anonymous to Work & Money (4 answers total) 4 users marked this as a favorite
My personal finances are a wreck - I have $5k in credit card debt, $100k in student loans, and I haven't paid my taxes in the last two years (not that I had much income in the last two years). I'm paying rent and slowly paying off my credit card debt, and am focusing mostly on creating a two-months-living-expenses emergency fund before I do anything else.
Now, I'm getting emails threatening to send my loans to a collection agency. I need some help learning and organizing the myriad paperwork of borrowers, taxes, forms, etc. I'd like to do income-based repayment, but the bureaucracy of paperwork and all this is taking way too much time, and I'm up to my neck in my own work anyways -- I barely even have weekends. I'm usually good at this kind of organizational paperwork / numerical stuff, but because I'm dealing with so much stuff during the day anyways, I can't seem to handle it right now.
I'm based in NYC. Should I be looking for an accountant? Someone who specializes in income-based repayment and student loans? I really don't have that much cash to spare, but I think it's high time to get a professional involved - ideally someone who is understanding, helpful, and judgment free. Do you have any personal experience in my situation?
My throwaway email is firstname.lastname@example.org.
Thanks so much!