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If you’re like most people in the millennial generation, you likely have a hefty amount of debt that you need to pay off. Most likely, this debt is primarily from your student loans, and the number is looming over your head. You may also have a mortgage to pay or a car payment or you’re wondering how you’ll ever be able to afford those expenses. Luckily, there are some great tips that you can use to pay down your debt, regardless of the amount or where you are in your career. Follow this advice to get rid of that debt more quickly and move to a more stable financial situation.

Create a budget

The first step you’ll want to take is creating a solid budget to fight your debt. You may already have a budget, but periodically reevaluate it, especially when you get a raise or additional income. There are likely places you can cut some of your budget and put more money toward paying off your debt. Remember that the sooner you pay it off, the more you save on interest and the sooner you have that money available to put toward another goal.

Refinance

If you’re able to refinance your loans, do it. Chances are, you could be paying significantly less in interest, especially if you have a full-time, salaried job. Find a new bank or organization that offers you a lower interest rate and makes paying off debt easier. However, when you’re looking to refinance, make sure you go with a legitimate organization that won’t raise your rates and do something shady.

Take up odd jobs

While getting a second job can be a great way to earn more income to pay off debt, you do not have to work a second full-time job and run yourself ragged. Simply look for ways you can increase your income, such as housesitting, working as an Uber or Lyft driver, or some other type of work that you can do on your own schedule.

Tackle it strategically

Consider what debt has the highest interest rate and work to pay that off first. This tactic is known as the “debt snowballing method.” You’ll save money in the long-run and feel more motivated as you pay off each loan.

Throw extra money at it

Something too few people do with their debt is throw extra money at it. If you can afford more than the minimum payments, pay as much as you can. When you get extra money, whether around holidays, for a raise, or from a side hustle, using that extra income to pay off more of your debt is a great idea. You might prefer to use it for something fun, but the sooner you pay of your debt, the better you’ll feel.