After College Stress
The government was so nice to give you all those student loans, they almost begged you to take the money for school. Now you graduated from college, started working an entry-level position. Now the government is wanting pay back on your student loans, living expenses are much higher than you expected and your starting income is much lower than you expected. Besides the stress from the new position which is more than enough stress for you to deal with, now you are being hassled by Uncle Sam for student loan payments. The biggest stress the majority of college grads experience which is the most difficult for them to deal with is their financial stress, imagine the emotional stress on these young people feeling they are being hit from all directions all at one time.
Still stressed about your student loan payments some people have suggest consolidated your loans into one payment, this would me more convenient and less stressful for you. One payments sounds much better than so many payments your trying to pay now, heard your total payments will even be lower than what the are now which would be awesome.
Eligible- Graduated, Left School, Less Than Attending School Half Time
Loan Types- Federal & Private Loans
Lowers Credit Score Temporary
Many times consolidating several loans into one payment is very beneficial for a person, this allows them to pay their debt and often giving them a little more funds to live on. So you are eligible for a consolidation loan, now lets look at the benefits and see how much this is going to help you.
Lower Interest Rates
Variable To Fixed Interest Rate
Lower Monthly Payments
One Easy Payment
You are feeling less stressed with what you have found out with your research, now checking out the disadvantages of going this route. Actually you have little choice in the matter you are barely surviving paying all your living expenses and student loan, but you want to be sure your doing the right things and see what negative things could happen by consolidating your student loans.
Close To Pay Off
Able To Make The Payments
Loose Any Perks
Consolidate Or Not
The majority of college grads are forced to consolidate their student loans, most entry level position students decided to consolidate to relief their high financial stress and give them a little extra cash to live on. Financial stress is one of the most common stress triggers in most people’s lives, the only one really more stressful is being in an abusive relationship. Learning to deal efficiently with high stress is a must today, everyone experiences high stress some time in their lives. Many careers are high stress, a person either learns good stress management skills or finds another career. The worse affect of consolidating your student loans is they you will be paying on them for a longer term, but having one lower payment often is worth it.
Financial stress will ruin your quality of life and your emotional health, most people who experience this type of stress long-term can even become suicidal. When you throw in all the symptoms your having, no money for what you need let alone what you would like to have. Life does not feel much like you are living, many people experience substance abuse as a management tool. This only throws fuel in the fire, for one you can’t afford this type of habit plus you are only digging yourself deeper in a pit. There is no shame in being in debt, maybe you made some bad decisions and maybe it was totally out of your control such as student loan payments.
Stress is going to be hounding you for the rest of your life, it might give you a break now and then but it will never totally leave you alone. Learning stress management skills will really make your life so much easier for you, since I learned the skills I can handle much more stress than in the past. Here is a list of the best stress management tools people find work the best, learn some of these and do yourself a favor.
Moderate Caffeine Consumption
Exercise / Yoga
What Is On My Mind
I hope this information helps you manage both your student loan consolidation and your stress, peppermint is a very good stress reducer. Many people do not know this, having a peppermint supplement with you is very convenient for any stressful times. Safe to take at work, driving or any other activities you might be involved in. Check out my resources banners as well, meditation and yoga are very good for you.