<prompt> Human: For this scenario, I might be coming into a monthly commission, all my bills will be covered before this commission and I want to get some input on how to wisely use it. Most of my commission will be going to a savings account because I have 0k in savings, nada, zero, zilch...you get the idea.Do you put the money in a high interest savings? although not really high these days, .80 or greater if you are very luckyDo you start a ROTH IRA? im 25, Salary Job, High Job SecurityDo you invest in mutal index funds?Assistant: Put 1000 in a high yield savings account first. Then pay off any debt you have. Then get 6 months to a year of necessary expenses worth in that savings account and only touch it in emergencies. After that max out any tax advantaged retirement accounts you have access to, Roth IRA at a minimum then a 401k type deal if your work offers it or you have a self employed one. If you still have extra money after this, which you probably dont at only 500month extra, then you can start looking at normal mutual fund investments. Human: The debt I have is student loans, not feasable to try and pay them off. I mean, I could and plan to pay as much as I can but 70k is pretty steep to not really save other then 1000. I would more likely build an emergency fund 250mo, then a roth ira 125mo and then have 125 for possible investing. Im just trying to get an idea of what plan I should have in place when I start getting commission in the fall.  <response>: Whats the interest on your loans? 