Author: Double Debt Single Woman

Student Loan News: Earnest Dies and Navient Takes Over Its Lifeless Body

Posted on by Double Debt Single Woman

‘Edgar’, Men in Black movie

Earnest Dies and Navient Takes Over Its Lifeless Body (repost)

One year ago, back in October of 2017, I wrote this post about Navient buying then student loan darling, Earnest. I mentioned the lawsuit against Navient, and borrowers likely concerns, as well as the founder-CEO’s impassioned plea to calm nerves and stem a possible mass exodus of customers. Borrowers were assured that Earnest would remain independent and that they would continue to be taken care of like they always had been.

Turns out the borrower concerns were well justified. One year later, that impassioned CEO, has collected a big payout check and left the company. Navient has installed new leadership and control.     Read More

What’s the News? Financial Headlines this Week

Posted on by Double Debt Single Woman

A few financial headlines caught my attention this week. Some good, others… not so much. So here they are; the good, the bad, the ugly, and the WTF?.

Good News: Retirement Savings Contributions Will Increase in 2019

It’s finally official that 401(k) employee contribution limits will rise to $19,000 in 2019. (Source: IRS)

If you are someone fortunate enough to have access to a 401(k), let alone be able to max it out, enjoy the extra $500 next year. Don’t forget to adjust your withholding settings in January.

Not to be left behind, IRAs and Roth IRAs contribution limit will increase from $5,500/year to $6,000/year. (Source: IRS)

People who max this tax advantaged space every year (I hope to be one next year), are excited about making round, even $500 monthly (or $250 semi-monthly) payments instead of the odd $458.33 monthly (or $229.16 semi-monthly) payments. Yeah, this is actually a thing that people geek out on.      Read More

[-$37,300] 3 Ways to Go – A Halloween Inspired Post

Posted on by Double Debt Single Woman

 

As a single person do you ever think about what will happen to you after you’re gone? To your body, that is.

I have no significant other or children and it’s quite possible, if not very likely, that I’ll never have either, thus I’ll have less of a tie to any particular location for burial. So maybe (many, many decades from now) I’ll be laid to rest near other family members in the local cemetery back home, if there is still room by then, and if there are any younger extended family around who care to help arrange it.

But then again, maybe the standard burial plot isn’t for me. What might it be like to have a different experience? Over the past several months, I randomly came across three very interesting types of memorial services and thought it would be cool to bring them together in a post. With Halloween here, now seems like a good time. Read More