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How to Use Your Graduation Gifts to Pay Student Loan Debt

If you’re graduating from university or college, you may get a few cash graduation gifts. These tips for using your graduation gifts to pay down your student loan may seem boring, but I can almost guarantee that you’ll never regret being debt free…

“Putting graduation gifts to good use helps start your independent financial life on the right foot,” says Ethan Ewing, president of Bills.com. “Making that investment is the perfect way to honor yourself and your achievement.”

The average graduation gift costs about $50, and cash or gift cards are the most commonly given gifts. A graduate who receives 10 gifts will start the summer $500 wealthier! That $500 can go a long way to reducing financial debt and creating prosperity. If you feel weird about life after graduation, read How to Survive the Real World: Life After College Graduation: Advice from 774 Graduates Who Did. And, here are seven great ways to use your graduation gifts from Ethan Ewing…Read More »How to Use Your Graduation Gifts to Pay Student Loan Debt