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You have a big heart and a small bank account  — and now it’s time to buy your beloved an engagement ring. You want to impress, but you also have a limited budget.

The last thing you want to do is put yourself in a deep hole buying a ring you can’t afford. After all, you’re hoping to get married! You have a wedding, honeymoon and the rest of your lives together — you don’t want to start off burdened with debt.

The standard advice goes like this: when you’re refinancing your student loans, go for the fixed rate so you can rely on having predictable monthly payments. With a variable rate, your interest goes up and down depending on market conditions, meaning that your payment could fluctuate. 

But there are some situations where a variable rate loan may actually be a better deal. Here are some scenarios.

Struggling to make ends meet while paying off your federal student loans? You're not alone. But the good news is that help is available. 

The government offers four income-based repayment plans — which adjust your monthly student loan payments based on how much money you make. Among the options is Income-Based Repayment, or IBR, which lowers student loan bills when you’re struggling to pay them. If you're interested in this option, here's what you should know.

If you’ve ever worried about defaulting on your student loans, you’re not alone.

With the average 2016 college grad in debt to the tune of $37,172 and chronically stagnant wages for new graduates, it’s no surprise so many people find themselves concerned about keeping up with monthly payments.

If you feel like your monthly student loan payments are barely making a dent in your loan balance, it might be time to see if you qualify for a lower interest rate. In fact, lowering your interest rate by even 1% can save you thousands of dollars over the life of your loan.

So how can you get a lower interest rate? Here's what you need to know.

What if I told you that in just a little over two weeks, you could be on your way to saving almost $20,000 on your student loans? You might think I was delusional.  

But I’m not. Refinancing to a lower interest rate can save you thousands of dollars over the life of your student loan. In fact, many people are able to save between $15,000 and $20,000.