Michael Liersch, Wells Fargo Head of Advice and Planning, has some advice on how to adjust your budget in anticipation of the big change ahead.


Transcript:
So not only thinking about this idea of income, but thinking about your budget, how can you carve out some extra money to point to those student loans? Important to get on right now. Also, there are people with opportunities to do a little bit extra, a side hustle, so maybe you have the opportunity and the line of work you do to add little extra, extra hours, an extra part of your job.

When you're doing this, also, remember that you invested in yourself, you invested in education for yourself. And so this debt, when you're paying it off, just remember all that was brought to you in terms of your abilities, your capabilities to earn it, to have a job, and use that as motivation to make sure you're budgeting, you're allocating money to your student loan repayments in a way that's empowering and sustainable.

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