Struggling with bills due to the rising cost of living? Personal finance expert Suze Orman advises prioritizing your student loan payment above all others. With the pandemic pause on payments lifted, it’s crucial to budget and make timely payments to avoid financial instability and protect your credit score.

Under Biden’s IDR plan, student loan payments may have been lower, but under Trump, terms may change. Orman stresses the importance of staying informed and budgeting to meet payment obligations. Sacrificing unnecessary expenses to prioritize student loan payments is crucial for financial stability.

Orman emphasizes the need to create a budget that allows for monthly student loan payments. Making sacrifices, like cutting out dining out, is necessary to stay on track with your payments and avoid defaulting on your loan. Stay informed on loan terms to ensure you are meeting your obligations and avoiding financial consequences.

Read more at Yahoo Finance: Suze Orman Reveals the No. 1 Bill You Should Pay First Each Month