Paying off Student Loans

September 18, 2014  •  Leave a Comment

 

Are you avoiding your student loans? Do you feel like you just don't have the money to pay them right now? Or, if you're paying on them, do you feel like they never decrease?

 

Though companies will often accommodate you and allow you to keep deferring your loan, don't be fooled. They are not doing this to help you! While you defer your loan, they continue to add interest to it...so for every month you don't pay, they know they will end up getting more and more money out of you! When you finally start deciding you can pay a little toward it, paying the minimum balance is often just paying the interest that is accumulating each month (and you're not even doing anything to pay down your student loan!).

 

This video lays it all out and shows you how those loans are affecting you and how you can start getting rid of your student loans and regain your freedom to spend your money how you want! It's going to take some hard work and dedication...but I know it's possible and I know you can do it! Little sacrifices each day can make a BIG difference!

 


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