Tackling Student Loans
Stephanie seeks advice on managing her ten federal student loans, which total over $75,000. Instead of consolidating, the recommendation is to utilize the debt snowball method, focusing on paying off the smallest loan first to gain momentum and motivation. With a combined income of $200,000 and minimal other debt, this approach can effectively help them eliminate their student loans while fostering a sense of accomplishment.In this clip
From this podcast
The Ramsey Show
The Ramsey Show | October 18, 2024
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