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They broke down the best ways to tackle debt repayment, including huge student loans.
Before you try to pay them off, make sure you have savings, know what you owe, and contact your lender to get your options.
This article is part of a series focused on millennial financial empowerment called Master your Money.
Before you start tackling an enormous debt like a student loan, experts have some advice.
1. Figure out exactly what you owe and can afford to pay
Before you pay off your debt, you need to know exactly what debts you have, Lannan said. For a lot of people, this is easier said than done.
Tuesday, May 18 at noon ET, personal finance professionals will demystify credit and debt.
The event is part of the Master Your Money series, delivering money advice, ideas, and inspiration to millennials.
Click here to register for this free virtual event.
To help millennials take control of their money, Insider presents
How to take control of debt, build credit, and set yourself up to build wealth
, a free, live virtual event that s part of our Master Your Money series.
In this virtual hour-long discussion, two personal finance professionals and a Personal Finance Insider moderator will outline steps and share ideas on how to take control of credit and debt to build wealth in the long term.
, a series exploring how the oldest members of this generation have grown into adulthood amidst the backdrop of the Great Recession and the Covid-19 pandemic, student loans, stagnant wages and rising costs of living.
For the last decade, headlines have decried millennials as lazy and entitled, failing to live up to their parents success because of carelessness with money. Download our mobile app for iOS or Android to get alerts for local breaking news and weather.
Picture avocado toast-consuming, latte-drinking, yoga mat-toting 20-somethings who live in their parents basement, always job-hopping and drowning in debt. This trope quickly came to define the generation, born between 1981 and 1996, in many a media narrative.
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