Student debt struggles are a widespread problem. According to the Federal Reserve, the average student loan balance is over $37,000. This amount of debt can be overwhelming, especially for recent graduates who are just starting their careers.

These five simple steps can help you pay down student debt faster:

1. Make sure your budgetis accurate: Having a clear and accurate picture of your finances will allow you to make adjustments and find ways to reduce your expenses.
   
   
2. Turn extra recurring expenses into additional student loan payments: Perhaps there’s a television channel you haven’t watched in ages or an audiobook subscription that you could cancel. Even if the extra payment is only $5/month, it will still add up over time, and every extra dollar you pay goes directly towards your principal, reducing the amount of interest you owe. 
   
   
3. Consider refinancing: If you can get a lower interest rate, refinancing your student loans can be a smart move. This will lower your monthly payments, and allow you to pay off your debt more quickly.
   
   
4. Look into loan forgivenessprograms: There are a number of loan forgiveness programs available for those who work in certain fields, such as education, healthcare, and public service. If you qualify for one of these programs, it could significantly reduce your student debt.
   
   
5. Start a side hustle: Consider starting a side hustle to bring in extra income. This could be anything from freelance work to selling items online. Every little bit helps when it comes to paying off student debt, and a side hustle can help you to reach your financial goals more quickly. (Check out my 1-hour course on Creating a Side Hustle if this idea appeals to you!)

Practicing self-care is also key. Make sure to carve our time from your nine to five job so you can pursue the work you really love with your  side hustle or spend time doing other things outside of work that bring you purpose and joy. Doing so will increase your inner and outer wealth and can lead to new opportunities, new skills, and may even help prevent you from burning out. 

Paying off student debt is difficult. The sums are extensive, the interest rates high, the repayment periods lengthy. But with financial discipline and dedication, it’s possible. 

Last, consider talking to a financial advisor or a career counselor to explore your options. They may be able to help you come up with a plan to pay off your debt more quickly or find a job that aligns better with your interests and passions. Remember that it's never too early or too late to pursue a career that brings you fulfillment and happiness.