How can I pay off my student loan debt?
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To pay off your student loan fast , these are some effective strategies that you can follow:
- First of all, spend mindfully and cut down the unnecessary expenses.
- Make a strict budget, and follow that rigorously.
- Either use the snowball method, where you pay off the small debt first, or the avalanche method, where you pay the highest interest rate first.
- Do some part-time job and save extra money to pay off your loans.