<prompt> Human: I just finished paying off my credit card debt but I still have a student loan and a car loan. I also do not have an emergency fund. My student loan interest rate is at 6, which I still owe about 30,000 and my car loan is at .09. Should I increase my payments on my student loans to get rid of them faster? Or should I start an emergency fund and keep on making minimum payments to both of my loans?  <response>: Take the money you used for your CC payments and use it to establish your emergency fund. Once you have that fund established, take the CC payment money and add it to your student loan debt. Dont fret about speeding up the car loan. 0.09 is basically free time-value. 