5 Quick Money Moves + A Student Loan Wake-up Call
It's the last week of our April financial literacy series. We’re serving up 5-minute money moves for busy high earners — plus a critical update on the return of federal student loan defaults starting May 5th.
The Wealth Minute
Quick Wins For Time Poor High Earners
If your calendar’s packed and financial planning keeps getting bumped to “next week,” you’re not alone.
Between work, family, and everything life throws your way, it’s easy to put money moves on the back burner.
But here’s the truth:
wealth isn’t built in marathon sessions —
it’s built in micro-moments.
Those five-minute decisions you make while waiting for your next Zoom call to start or while standing in line for coffee?
They matter. Small, consistent actions add up faster than you realize.
The big secret?
Wealthy people don’t always have more time — they have better habits.
Those habits often start with quick, intentional moments that protect their financial future.
So if you’ve been telling yourself, “I’ll get to it when things slow down” — consider this your nudge. Find a micro-moment today and make a move. Small steps lead to big momentum.
Wealth Move
Automate an extra $50 to savings or investments — if you won’t miss it now, your future self will thank you.
Check your credit score while you’re on hold or scrolling through your inbox.
Schedule a 15-minute quarterly “money date” — a quick personal check-in to glance at your goals, spending, and net worth.
Review one recurring subscription you forgot you were paying for, and cancel it
Set up a push notification for large transactions — stay aware without logging in daily.
The Freedom Path
Student Loan Defaults: What You Need to Know
Starting May 5, 2025, the U.S. Department of Education will officially resume collections on federal student loans that are in default — ending a five-year pandemic-related pause.
If you or anyone you know has federal loans in default, now’s the time to act.
What’s Changing?
Roughly 5.3 million borrowers are currently in default, with millions more at risk. Beginning next week:
Federal tax refunds and Social Security benefits could be withheld to repay defaulted loans.
Wage garnishments will resume later this summer.
Credit scores and financial flexibility may take a hit if accounts remain unresolved.
Even for high earners, old or overlooked federal loans can quietly impact your credit profile, limit borrowing opportunities, or interfere with home buying, investing, or business financing plans.
Don’t let an administrative oversight trip up your wealth-building momentum.
Bottom Line:
With student loan collections resuming, the financial implications for high earners are too important to overlook.
From potential credit impacts to unexpected garnishments, it’s essential to stay ahead of the curve and protect your financial positioning.
Not sure where to start or how this affects your broader financial strategy? Let’s talk.
Schedule a quick consultation here to review your options and build a plan that works for your goals.
Wealth Move
Log into StudentAid.gov to check your loan status to confirm if you're in default.
Contact your student loan servicer immediately to prevent collections from beginning.
Schedule a Student Loan Review and let's see what really happening with your loans.
Book of The Month
The April 2025 book of the month is "The New Retirementality" by Mitch Anthony.
Join me on the journey of discovery this month. I just picked this one up for the month. I'd love to know your thoughts on it.
Coffee Chat Question
If we were to meet for coffee, what would you want to know?
Feel free to email me questions that will anonymously be added to this section during each edition.
How much of my income should I actually be saving each month?
This is one of those "it depends" answers.
But that really is the answer.
Are you in debt?
Do you have goals set for the rest of the year and beyond?
What are you saving for? Retirement, emergency fund, vacation?
Since we have had such a heavy expense year already with tons of medical expenses and our new home, we aren't planning on vacationing at all this year.
But we're saving for two trips for next year and our next vehicle, in addition to our on-going retirement savings.
The key is not just how much, but when do you need it?
And also be mindful that the amount you save each month can (and should) be different, based on what other monthly expenses are at the forefront.
Reach out if you need more.
Are You A Federal Employee?
"Uncertainty" was a word never associated with federal employment in the past.
It's a daily utterance these days, however.
To help you make informed financial decisions that are best for you and your family, I'm offering all federal employees a FREE Money Chat.
Click here to schedule a 30 minute chat to discuss anything you want.
Let's change the word of the day to "Empowered."
