<prompt> Human: Here are the details:Debt:Credit card: 7.5k, currently at 0 I do a balance transfer to a different card every year when the introductory rate expires.Student loans: 67k, all federal, all consolidated, at 7 interest. Im on IBR right now and have been paying about 470 a month, which only covers interest - in other words, the principal has not gone down since I graduated in 2011.Ive been putting my extra cash towards paying down the credit card which was 14k a few years ago, because, even though the interest is 0, I feel in the case of an emergency or job loss, at least the federal loans are protected, but I could get raked over the coals by the credit card company.My employer offers a 50 match on 401k, which I have 10k in so far, but stopped contributions a few years ago so I could focus on paying down debt.I have an MBA and a stable and secure job as a finance manager and make 70k net of taxes, etc. But I also have a SAHM wife, two kids with many health issues, and a mortgage.I have no liquid savings.So Im coming here for advice. I realize Im leaving some serious money off the table by not taking advantage of my 401k, but I feel that I need to pay off my debt first so I can be financially secure and be protected in case of a personal financial downturn.Am I wrong on this?  <response>: First things first...build an emergency fund! With dependents and health issues this is really important. The standard 3-6 months of expenses advice is applicable for your situation.As far as paying down debt vs contributing to the 401k, thats tough. Paying down the student loans is a GUARANTEED 7 return on your money. Also, you are giving away hundreds in interest monthly at present. But turning free employer match money isnt great.Based on what little I know about your situation, Id probably go after the debt first to get your family on a more firm financial foundation and then go after investing. However, it would hurt my feelings. Not sure what your expense situation is like, but you really need to be putting a lot of energy into getting that debt gone asap. I know...I know...easy for me to sayAlso, hug your kids and kiss your wife a lot. 