<prompt> Human: We are 23 years old, with one of us working and the other in school, our household income is around 25k a year on a 16.50 an hour job.No car payment or no houseutility payment. Will be eventually looking for a house to call our own, but thatll be a couple years from now when we are both out of school.Student loans left to pay will end up around 16kTried to give some background to help. Any guidanceadvice is greatly appreciated.  <response>: Our standard advice at the moment is this:1. Build a small emergency fund of at least 1k.2. Max any employer 401k match.3. Pay off any high interest debt. This means debt with interest rates higher than 5.4. Then build the emergency fund up to 3-6 months expenses.5. Debt with interest rates lower than 4 consider paying only the minimums and investing in Retirement accounts instead.6. Debts with interest rates between 4 and 5 take your pick, or spread your spare money 5050 between paying them off and investing in retirement accounts.7. Once you are paying 15-20 of your income into retirement accounts, switch extra money into paying off low interest debts, or saving for near term goals less than 5 years away such as weddings or home down payments.8. If you are doing all of the above and still have spare money. Open a taxable brokerage account and invest in index funds.Good luck. 