Breaking Up With Your Student Loans In 2018

One of the top money resolutions in 2018 is to get rid of that debt that keeps you locked up from achieving so many of your goals – and in particular that massive student loan debt. I’ve heard it from many of the listeners over the month of December that nothing would make you happier than to roll out of 2018 with a lot less – if not zero - student loan debt. I hear you!

On This Podcast Episode:

If we’re going to be more empowered in 2018 then we’ve got to make up our minds to do just that. Sure, you're still going to get stressed out and worried about your student loans, or any debt, but maybe if we all encourage each other…we can create a movement of us all breaking up with our student loan debt this year.

The good news is that you don’t need a lot of fancy techniques to break up with your student loans – just the commitment to approach those loans with a little strategy.

• Did you know you could make extra payments to your student loan
• What about making lump sum payments with your annual bonus
• Do you have your student loan on auto debit - you'll save a ton if you do
• Considering refinancing? Think about SoFi to help lower your interest rate
• Knowing your numbers is key to finding savings in your bank account to make extra payments
• Most important, create a plan and find motivation to keep working that plan

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Disclosure:

The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. To determine which investment(s) and financial strategies may be appropriate for you, consult your financial adviser prior to investing. There is no assurance that the techniques and strategies discussed are suitable for all or will yield positive outcomes.