Reducing debt is one of the good ol’ New Year’s resolution standbys. Everyone wants to lose weight, eat better, drink less, spend less, save more, yada, yada, yada. And in an age where student loan debt, credit card debt and car loan debt are well in the trillions, reducing debt is also on the top of American’s to-do lists once the new year hits.
It’s easy enough to decide what one’s resolution will be. However, as everyone knows, sticking to resolutions is a much more slippery slope. One of my goals for 2013 is to pay off a sizeable chunk of my student loans.