<prompt> Human: I have two loans, each are from the treasury long story and carry a 1 annual interest. The first loan is for 10,000. The second loan is for 24,000. Minimum payment on the first loan is 290month. Minimum payment on the second loan is 970month. They are both three year loans, meaning in three years they will be paid back by making the listed minimum payments. However, if I put more than the minimums, I can pay them off faster.I currently bring in 3600month take home pay. After paying off all rentessentials, I have about 1500 per month left over for paying off these loans or putting into my savings. I just got out of college and am trying to get on my feet. I have about 5,000 in savings. Should I attack these loans full force, or try just make minimum payments and try and build up my savings?  <response>: 1 is really low. Youd be better off investing for retirement than paying down extra toward a loan with such a low rate.Basically if you build up your savings by putting the funds in an online savings account at 1 interest, itll be a wash.Thats what Id recommend you do.Then once you have about 6 months of savings built up, contribute to your 401k if your employer has matching. Alternatively open up a roth ira and contribute to that if they dont. 