DEBT FREE PHYSICAL THERAPIST ACTION CHECKLIST

DEBT FREE PT ACTION CHECKLIST

Create a rock star resume and cover letter
Apply to jobs that align with your career and financial goals but also provide top dollar income, Examples include: Traveling, Contract, Per Diem
Apply to jobs within commuting space of family, friends, associates to reduce rent and ensure traveling rates for highest income

Choose a student loan repayment plan in line with your financial goals
Minimize student loan payments:
Only provide your full time work – NOT per diem information
Provide them with pay stub NOT your adjusted gross income unless that is the lowest amount
If you change jobs/unemployment/pregnancy, update your loan provider to lower your loan payments to help you afford your lifestyle

Create budget: MINT or PERSONALCAPITAL are free budgeting tools/finance trackers
Ensure auto-payment of all bills: Ensure automatic payment of full amount on credit cards to reduce interest payments. Ensure student loan payments are on auto pay to reduce student loan interest rate
Reduce spending/maximize savings: Share housing, utilizes, car, internet, cable, phone packages
Maximize tax deductible contributions to reduce taxable income. Examples: Traditional IRA, 401K, 529, HSA