<prompt> Human: After lurking for some time, I finally decided to make an account. I would like to start by thanking all of you for some great advice Ive found on this subreddit.My situation:Im 23 years old. I have about 30k 7.5 APR of student loans and about 5k of credit cards most of the with high interest, the least being 15 APR. At the same time I want to start daytrading the stock market You need 25k to start and Ive been reading A LOT of info about it. I bring home about 2.5k a month. Thanks to the great advice Ive found here, I was able to cut down my expenses and about 1k to 1.5k a month available.My question:How should I use the 1500 I have left over at the end of the month? Should I concentrate on paying down my student loans first and once Im done, start building my trading fund or viceversa? Perhaps I might be able to do both at the same time build a trading fund while paying down my debtYour help is much appreciated and once again, thanks for the advice! This subreddit has the power to change a lot of lives.  <response>: How should I use the 1500 I have left over at the end of the month? Should I concentrate on paying down my student loans1. Establish emergency fund in case you lose your job.2. Pay off debts with highest interest rate first. This means pay off your credit cards, then student loans. At the same time I want to start daytrading the stock marketHave fun losing money. 