Paying off Your Student Loans as a Couple

Thank you Navient for sponsoring this post.   

After getting married in 2013, my husband and I had one goal set in mind for our financial future…to pay off our student loans as fast as possible!

Let’s get real for a second before we dive into talking about student loans.

This isn’t always the easiest or most enjoyable discussion to have with your spouse, but it’s crucial to have open conversations about money and finances. I have found that once my husband and I got on the same game plan to pay off student loans as fast as possible, it became easier to work on a budget.

Student Loans as a Couple

While I was attending a private university in Orange County, Ernie was attending law school. Both of us knew that in order to achieve our goals, we would need financial aid in the form of student loans.

While we were in school and we weren’t required to make payments, we viewed our loan servicer as a resource.

Even though we were not married at the time, we knew that we would be working towards paying off the student loans together after marriage.

How we are paying off our student loans

Budget, budget, and budget some more.

Well, that advice is pretty vague. But you don’t have to make up a budget all on your own. Navient has budgeting worksheets that are perfect for getting you started.

After I graduated college, I was driven to find ways to make extra income. In fact, one of the ways that I make extra money to pay off my student loans is through this blog!

But of course, if you don’t have a blog that brings in extra income, here are some other avenues to bring in money.

  • Signing up as a courier driver
  • Selling clothes online
  • Taking online surveys for money
  • Lower your outgoing money each month by only keeping necessities

As for Ernie, he is so busy with his job, that he really doesn’t have time for a side hustle. But what he has done to help pay off his student loans is to lower his outgoing money. We have cut cable, he limits his golf weekends each month, and we try to eat a home at least five days a week.

Have fun while paying off loans

A budget can be hard and may feel limiting, but we still like to have lots of fun!

Throughout the year, we make a budget for special vacations and weekend getaways.

For us, it’s all about balance!

If you are in the same position as us, I would love to hear your story about how you are paying off student loans. Leave a comment below to share.

Thank you again to Navient for sponsoring this post.  All content and opinions expressed here are my own.

About Me

Hey there! Welcome to Pink on the Cheek. Here you can find helpful articles on how to grow your blog, monetize your content, and my life in Denver.

7 Comments

  1. 9.21.17
    Marcie said:

    Yes, balance is key! We’re working to cut our spending, but it’s gradual.

  2. 9.21.17

    Balancing everything is so important. My husband and I both had some student loans when we got married. My husband’s was only a 5 year loan, so that is now paid off and we took all that monthly and put it towards my loan every month. That will be paid off in a few months and we will put that towards our vehicle. Following this plan, within about 3-4 years we will be down to just a mortgage!

  3. 9.21.17
    Love Teachers said:

    Good advice! It’s always best to be smart and have a plan together.
    Christine

  4. 9.22.17
    Courtney Zummo said:

    Your plan is so smart and creative! Fortunately, I didn’t have any student loans but this will be helpful to many!

  5. 9.22.17
    Tinese BornPretty Harris said:

    Student Loans are a pain! Great plan and advice especially when money is the leading cause of divorce these days!

  6. 9.23.17
    Suzanne Spiegoski-Decamps said:

    I’m with the other ladies, balance is key for sure.

  7. 9.24.17

    Student loans are so stressful! I need to come up with a plan to pay off ours soon. Love your advice!

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