If you are reading this article, you are more than likely in some sort of college debt, whether it be a lot or a little. And trust me, you are not the only one! Millions upon millions of young adults are diving into debt as we speak for an education that will probably only allow them to make enough money to pay off their debt 20 years into the future. What to do? Well like anything in this world, if you want something to get done, it takes determination and focus. If you want to pay off that loan as quick as possible, there are certain things that can be done.
1. If you aren't someone who is going to make a ton of money in your profession it is important not to take on a lot of debt and extra payments that you don't need after you graduate. Don't buy that expensive car! Live at home for a year or two after college! Having a car payment, a house/apartment payment, buying expensive toys are going to take money away money that could go towards paying off your loan. Live simply, and focus the majority of your money into that monthly loan payment!
2. There are websites out there that do help. Enjoythelittlestuff.com is a newly launched site that charges you $1.00 to submit a picture that shares good news happening in your life, and then in turn that money goes back to helping people pay off their student loans. It's a very cool and creative
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Do NOT use a credit card!!! If you are someone who loves to spend money then having a credit card is the worst thing you can do! Credit cards are for spending cash that YOU DO NOT HAVE! Not to mention that people who are fresh out of college will probably have to pay high interest rates on that card. So if you are using credit cards to buy furniture, expensive toys, clothes, etc. all you are going to be doing is focusing your money to pay off your Visa or MasterCard, and not your student loans. Want to know an easy way to establish some credit?? Get a gas card and use it to fill up your car. Easy way to establish some