Hey there Wine and Dime listeners! We’re back with another topic you know I’m passionate about… Student Loans…! I know what a surprise! Well, this weeks guest is the one of the co-founders of LoanBuddy, Alex Bottom. LoanBuddy is a new financial technology platform, with a focus on providing solutions for advisors who are student loan planning for their clients. Alex and I had a great conversation about what led him into helping people get their student loan debt under control. This is a great episode for anyone that may need some insight into student loans and where to go to find assistance. So Sip on back, pop open a bottle of your favorite wine and enjoy the show!
Twitter - @ALEXBOTTOM
“I'm proud of the accelerating growth at LoanBuddy, now with 200+ Financial Advisors, that we call Members, who track and monitor over $100 Million of student loan debt on our platform. Our first beta users logged into a primitive beta in May of 2018 and we have gained tremendous insight from our community as we continue to build more features for them. I am on the Economics Leadership Council at my alma mater, the University of Southern California.”
Twitter - @LoanBuddyApp
Finally, a real service to help you conquer your student loan debt.
There are over 100 different options when it comes to student loans. From different loan types, to different repayment plans, to forgiveness options, to more complex things like deferment and forbearance.
For years, borrowers have had to rely on the help from the loan servicers - which if you’ve watched the news lately - might not be the best.
And every year, as Congress tries to make things better, they just end up making things more confusing - and even scaring people with threats to end certain programs.
The fact is, student loans are confusing, scary, challenging, and more.
LoanBuddy is redefining what it means to get out of student loan debt.
Here’s what you get with LoanBuddy
Know The Lowest Repayment Plan For You - Free
Stop having to DIY your loans with LoanBuddy Plus
Get help for the life of your loans with LoanBuddy Lifetime
Connect with financial planners that really understand student loan debt
Malbec is a purple grape variety used in making red wine. The grapes tend to have an inky dark color and robust tannins, and are known as one of the six grapes allowed in the blend of red Bordeaux wine. The French plantations of Malbec are now found primarily in Cahors in South West France. It is increasingly celebrated as an Argentine varietal wine and is being grown around the world.
Called Malbec in Bordeaux, Auxerrois or Côte Noir in Cahors, and Pressac in other places, the grape became less popular in Bordeaux after 1956 when frost killed off 75% of the crop. Despite Cahors being hit by the same frost, which devastated the vineyards, Malbec was replanted and continued to be popular in that area where it was mixed with Merlot and Tannat to make dark, full-bodied wines, and more recently has been made into 100% Malbec varietal wines.
The Malbec grape is a thick-skinned grape and needs more sun and heat than either Cabernet Sauvignon or Merlot to mature. It ripens mid-season and can bring very deep color, ample tannin, and a particular plum-like flavor component to add complexity to claret blends. Sometimes, especially in its traditional growing regions, it is not trellised and cultivated as bush vines (the goblet system). The wines are rich, dark and juicy.
As a varietal, Malbec creates a rather inky red (or violet), intense wine, so it is also commonly used in blends, such as with Merlot and Cabernet Sauvignon to create the red French Bordeaux claret blend. The grape is blended with Cabernet Francand Gamay in some regions such as the Loire Valley. Other wine regions use the grape to produce Bordeaux-style blends. The varietal is sensitive to frost and has a proclivity to shatter or coulure.