Listen Money Matters - Free Your Inner Financial Badass. All The Stuff You Should Know About Personal Finance.

It’s interesting to hear someone else’s personal finance story, and we are lucky enough to have listeners willing to share this financial life. Today we are joined by one such listener. Join us for this financial life with Robbie. Robbie is getting married in a few weeks. His fiancé is in graduate school. He has no debt aside from $44,000 in student loans. The student loan payment is $165 a month, but Robbie usually pays $250. The interest rate on the loan is about 6%. Robbie has no car payment, rent is $765, and groceries run $400-500 a month. Robbie puts some money each month into his Betterment account. Those are the facts. How is Robbie doing? Pretty well actually. He’s a long time listener and has learned a lot from LMM. Andrew suggests that he invest three months of living expenses into Betterment to serve as an emergency fund. The rest of the extra money will be better spent paying off the student loans. Once Robbie’s fiancé finishes graduate school and starts working, they plan to live on one sal