Nancy McKenna: Mistakes Smart Parents Make that Cause a lot of Student Loan Debt

Nancy's Bio

Nancy McKenna helps families get through college without a student debt hangover. She particularly focuses on middle-income families who may feel they cannot get any financial help.
Nancy wants to help end the student debt problem. It really is possible to get a quality college degree without going into huge amounts of debt. 

Her first money memory

Growing up her parents were really frugal. They measured everything. 

Her worst money memory

Every time that she had debt. 
student loan debt, money story

Her best money memory

Being able to amass over $100k in her 401K. 

5 Mistakes Smart Parents Make that Cause a Lot of Student Loan Debt

  1. Not having saved much money

  2. People who choose out of state colleges

  3. Letting your child fall in love with a school that you cannot afford. 

  4. Match the degree with the school

  5. Start at a community college and live at home.

One thing she does daily to build wealth consciousness

Automate her payments to 401K and 529 plan. 

Get in Touch with Nancy


Tune in to today's episode and then leave a comment below with your biggest takeaway from today's episode.
Clarissa Wilson

About the Author

Clarissa Wilson

Clarissa Wilson is a financial strategist and online educator who holds two master’s degrees in Forensic Accounting. Also creative and spiritual, she is an intuitive empath and introvert. Clarissa is the host of The Prosper + Profit Podcast, where money conversations occur on a daily basis -- as she believes that money shouldn’t be a taboo subject. After growing up on a dairy farm and learning to work hard for money, Clarissa awakened to a path that allowed wealth to flow easily to her. Clarissa currently lives in Pennsylvania with her two cats.

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