- Money Management
- Debt
Graduating from college brings numerous job opportunities and opens doors to the rest of your life. But with all of that, your degree also brings costly student loans.
Graduating from college brings numerous job opportunities and opens doors to the rest of your life. But with all of that, your degree also brings costly student loans.
It’s called the “Sandwich Generation.” And it has nothing to do with anyone’s eating habits. Instead, the phrase refers to adults who are caring for aging parents at the same time they’re raising children.
Life changes a lot as we grow older, including how much money we spend and how we spend it. There are a lot of new expenses that come with age and these costs can be overwhelming if they creep up unexpectedly.
The first step in dealing with any financial setback is to assess the situation. Take stock of your current financial standing, including your income, expenses, debts, and savings. In some cases, it is easy to see why the setback occurred but sometimes setbacks can occur through a series of subtle events.
So you’ve graduated and are on your way to an exciting new chapter of life. But what about those student loans? It is important to have a plan for repaying your student loan before the payments begin. Learn how to make your payments on time while keeping the cost manageable.