What are some strategies to pay off your student loans faster?
If you have student loans, you might be looking for ways to pay them off faster and save money on interest. Here are some strategies that can help you achieve your goal and reduce your debt burden.
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Track and tweak your budget:Start by creating a realistic budget to identify where you can cut expenses. Use apps or spreadsheets to allocate at least 10% of your income towards your loans for faster payoff.### *Make extra payments:Use tax refunds, bonuses, or side hustle income to make additional payments. This reduces the principal balance and saves you interest over time.