Serena and Her Husband Steve Have Both Taken on a Lot

Serena and her husband Steve have both taken on a lot of financial debt to earn Bachelor's degrees.They live a pretty comfortable lifestyle, having the money to spend on the extras they enjoy in life.Between the two of them, they earn $160,000 annually, but they also owe $120,000 in student loans.Their monthly student loan payments eat up much of their earnings that would otherwise go into savings, and retirement savings.Serena has been unhappy in her work and wants to go back to school to earn a masters degree in an area that will promise a better job and salary.Apply what you have learned about critical thinking and managing financial resources to offer Serena and Steve sound advice toward increasing their savings and retirement accounts.