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Are you a mom that wants to owe less on her student loans? How do moms pay off student loans with all of their other financial obligations?
Did you know that women hold an average of $31,276 in student debt? This leaves them with a monthly loan payment of $307 the year after graduation. Women (moms in particular) are disproportionately impacted by student loan debt. Why is that?
The wage gap is a huge problem for women. On average, they expect to make less than men do, and as it turns out – only 81% of what the males anticipate earning! The challenge lies in meeting this loan obligation because you have less money coming in, so loans seem like an even worse option. Especially when there isn’t enough from your own earnings or savings account balance.
You then struggle to put down roots into repayment plans on time every month without fail (or at least regularly).
The idea of having to manage a household, take care of and provide for children’s needs while also being responsible for financial matters can be overwhelming. Add on top the cost associated with childcare services or kid activities–you may find yourself facing an impossible balancing act without even knowing it! So, how do moms pay off student loans?
How do moms pay off student loans?
There are a few different ways moms can start paying down their student loans. Today we are going to focus on a super-easy way to start paying down those loans.
The easiest way to start paying down your student loans at a faster pace is without even realizing you are doing it!
The easiest way to do this is with Round-Ups.
What are Round-ups?
Round-up features are offered by some financial services companies in which each time a customer makes a transaction, t… Read More
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