August 24, 2016
Refinanced Loans Make for Better Budgets
Whether you’re just starting to look for a career after college, or you’ve spent years working a dream job, rethinking the way you’re paying off student loans can make a big difference to your budget. Refinancing student loans can help you manage your budget and make it easier to move forward with bigger, better goals after college. The money you could save at the end of the month is just one of the amazing benefits of refinancing student loans.
Money in the Bank
More money is always great. Saving money is important, and consolidating your student loans is a smart move if it leaves you with more cash to set aside. You can calculate the difference on your student loans to see how much you could save, or find out if reconsidering the way you pay your student loans is worth it.
For example, if you graduated with a $75,000 student loan debt on average Lendkey could potentially save you more than $15,000 over the next fifteen years. That’s enough money to buy a Czech castle, two brand new wells, via Charity Wells, or one-hundred and thirty-five years of Netflix at eight dollars a month. That’s a lot of money left on the table, which you can spend on your family, friends, retirement, and to improve the overall quality of your life.
Money for Home Improvements
Home improvements are a great reason to consider refinancing your student loans. Fixing your home creates a more relaxing environment for you to spend time in. It’s a smart way to use your money, because home improvement helps you want to spend more time at home. The more time you spend at home, the more money you save in the long run.
Money for More Education
You may need more money for additional schooling. If you hate your job or want to change your career, going back to school is a great way to work on advancing your situation. Refinancing is a great way to pay off some of your student loans while still going to school or expanding your market viability.
Money for More Vacations
Even better: go on more vacations. Refinancing your loan can make budgeting for vacation easier. More vacation time improves productivity and reduces stress levels. In other words, a vacation can help you do your job better when you return.
Do More With Life. With LendKey.
Refinancing your student loans can help prepare you to do a lot with your life. It’s about having more money set aside to go back to school, enhance your home, and be more productive. When you consolidate your student loans, you receive loans you can trust from community and local lenders. Be prepared. Be knowledgeable and take charge of your budget.
Please note that the information provided on this website is provided on a general basis and may not apply to your own specific individual needs, goals, financial position, experience, etc. LendKey does not guarantee that the information provided on any third-party website that LendKey offers a hyperlink to is up-to-date and accurate at the time you access it, and LendKey does not guarantee that information provided on such external websites (and this website) is best-suited for your particular circumstances. Therefore, you may want to consult with an expert (financial adviser, school financial aid office, etc.) before making financial decisions that may be discussed on this website.
March 8, 2023
What’s Going on With Student Loan Forgiveness?
February 22, 2023
Getting a Student Loan
Student Loan Process: When, How, Where
January 23, 2023
College Planning & Financial Aid