Student loans seriously suck. I say that just because every month paying those student loan payments makes you realize how much money you could have to do the things you love. Maybe it is just time to stop worrying about student loans and find a solution to your student loan problem!
Everyone needs some inspiration to get started on their journey when paying off student loans. You can read about how our student loan debt almost ruined our lives.
Being inspired is great, but sometimes it will take a little more to get the ball rolling. From living on a budget to understanding how student loans work, sometimes the thought of living below your means seems is almost socially taboo.
Typically the simplest strategy is to just line up all your student loans (or consumer debt, auto debt) from least to greatest. Still paying minimums on all debt.
In some instances, refinancing your student loans can be your best option… But it is not what is best for everyone. Here are some of the pros of refinancing: 1. Lower interest rate 2. New loan terms
Every situation, person, and need is 100% original and unique to that person in some regards. And while one solution or “workout” may work best for one person, that doesn't mean it is the best solution for you.