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How To Pay Off Student Loans Without Feeling Crushed

Feeling crushed is normal when you pay student loans without proper planning, but there are actually plenty of tips you could use to pay your student loans without feeling absolutely crushed. This quick guide will show you ways you can manage your student loan payments without burning yourself out in the present. If you are currently having difficulties paying off your student loans right now, keep reading this article to learn some tips to help you out.

Is It Better To Pay Off Student Loans Quickly Or Slowly?

Unfortunately, there is no one-size-fits-all answer for how fast you should pay off your student loans. That’s because everyone’s situation is unique. On the one hand, you don’t want to try to pay your loans off too quickly. Doing so will use up most of your income and leave you with very little to pay your other bills and enjoy your life. On the other hand, paying off the loan too slowly means it will weigh on you for much longer.

You must find a comfortable balance between those two extremes if you want to really achieve a balance. That will require some experimentation, and you’ll undoubtedly make some mistakes along the way. However, you can actually find ways to pay off your student loans without feeling crushed using a few helpful tips. Having the following five tips will help you continue paying off your student loans without making yourself feel overwhelmed and crushed.

Use These Five Tips To Pay Off Student Loans Right Away

Paying off tens of thousands of dollars in student loans can be overwhelming. Most people leave college without much experience handling their finances. Having to hanlde student loan repayment while keeping money for daily expenses may seem challenging, but some simple tips can help with your repayment strategy.

If you're feeling overwhelmed, you could use the following tips for repaying student loans without feeling crushed:

1. Track The Progress Of Your Student Loan Repayment

Just like you should track your spending, the same goes for your student loans. First, you must track the progress you make when paying off your student loans regularly. That’s because it’s easy to feel overwhelmed because they think tracking progress is difficult. However, there are actually many ways you can make tracking your progress easy.

First, you can always check your student loan provider’s website and see what their loan tracking options are once you start making payments. You can also use or SoFi to help you keep track of your student loans.

calculating student loan payments

2. Earn More And Spend Less To Avoid Feeling Crushed

Once you’ve set up a way to track your progress, it’s time to free up more cash. There are only two ‘levers’ you can adjust to make that happen: your income and spending.

Firstly, learn to spend less while cutting out avoidable expenses. This means you’ll have to look for cheaper alternatives to some of your recreational spending. Secondly, you must aim to earn more money. The good thing is there are plenty of easy ideas for making money fast.

3. Automate Your Student Loan Payments

Automating your payments is easier than ever nowadays. Set up a recurring payment for your student loans. That way, those payments are always made in full and on time without the risk of you paying them late.

To start automating your student loan payments, all you have to do is give your loan provider the details of your bank account from which you want the money to come. The lender will be able to take out the designated payments each month.

4. Pay Extra On Your Students Loans To Avoid Feeling Crushed

Paying the minimum on your student loans is critical. However, it’s the extra payments that will help you speed things up. Pay extra whenever possible, even if only in small amounts. Doing so will help you chip away at your student loans even faster.

A good tactic is to make extra payments with any financial windfalls that come your way. For example, if you get a bonus at work or a financial gift for your birthday, spending that money on your student loans will speed up your progress.

5. Borrow Quick Loans For Emergencies

Financial emergencies happen to everyone at some point. Unfortunately, they can derail your plans to pay student loans consistently. That’s why it helps to know how and where to borrow money quickly for emergencies. That way, you can cover costs and overcome financial hurdles without interfering with student loan payments. For example, you can consider coming to us at Cash Cow to get title loans or get payday loans to access emergency money.

With a title loan, you use your lien-free car title – that is in your name – as collateral and qualify for as much as $1,400, depending on how much the vehicle is worth and its condition. With a payday loan, you could get up to $300 without needing any collateral. Either of these quick loans can be helpful in an emergency because they only require a few items to find out if you can qualify here. On top of that, we have helpful representatives who will guide you every step of the way.

sticker that says student loans

Get Emergency Money Now From Cash Cow In Louisiana!

Remember, it’s good to pay student loans quickly, but you shouldn’t push so hard that it leaves you feeling crushed. Instead, you should use the tips described above to help you find that comfortable sweet spot where you’re paying your loans while still enjoying life.

When things get tough, and you need emergency money, just call us at Cash Cow for a title loan or a payday loan. Submit your information through the simple online request form right now to get started!


Note: The content provided in this article is only for informational purposes, and you should contact your financial advisor about your specific financial situation.

June Mckaig

June Mckaig writes articles on finance and budgeting, hoping to provide insight amidst the overwhelming crowds of information on the internet. She feels that with all this accessibility comes a lot of false data, and she would like to contribute astute, helpful input that she knows can help others. If you would like to learn more about June's research, read more here.