<prompt> Human: Currently making 75k, and get a 10-15k bonus once a year. Every month I have between 1200 and 2000 worth of income that I used to put against my debt but now I have no idea where I should put it. I dont own a house, my net worth is 0. I have a stay at home wife and a daughter. Live in Dallas Texas. I periodically read this sub Reddit for advice, created this account for this inquiry. Assistant: I too live in Dallas, and congrats on being debt free!!!Are you investing for retirement? That would be my next stop.. 15 of your income. Then Id focus on kids college. Human: Good idea. Is there an option where will can reduce the amount Im being taxed while I save? Im from Canada so Im not familiar options here.  <response>: My first point of focus would be with your employer. See If they offer a match in their retirement plan.. matching funds is gravy, so Id start there. Secondly, Id look at opening a Roth IRA - which you probably already know are after-tax contributions. 