<prompt> Human: Hi everyone, I would like some guidance as to whether I am on the right path. My gross income is 60kyear, going up to 68kyear in June. I will not get any paychecks for one month during this transition.My expenses including car payment and student loan payment, both slightly more than the minimum are 2,500month. In June, my rent will increase by at least 200, up to 350. This is unavoidable, but I can reduce other expenses to compensate gas, for one. My take-home pay has been 3,000month after taxes, healthcare, and 401k contribution. It will be slightly higher after I start my new job. My emergency fund has 9,000 in it. This is about 3.5 months of expenses. I have a car loan of 13k at 3.95. Min payment is 225, I pay 275. I also have students loans of 15,000. Min payment is around 200 total. The APRs are different and range from 3.0 to 6.8Now, for my questions: Should I focus more on building my emergency fund to 6 months of expenses, or work more to pay off my loans? I am not bothered that I have debt which is probably different from the mindset that rpf has but I would like to get rid of it. My second question is: How do I save for other things, besides emergency funds? For example, I want to start putting 100 aside for a vacation fund or whatever. I have one checking account and two savings accounts. Do I open another account to save the vacation fund in? I mean, yes, I could just keep it lumped in with my emergency fund or other savings account, but I like having my accounts separate.. Is it weirdbad to have three savings accounts? I read PF frequently, so I apologize if these questions have been address before. I did not find the answers in the FAQ. Also, if it helps, I am 23.  <response>: Build an emergency fund 3 - 6 months worth of expenses Then pay down any loans with interest rates greater than 4. Any loans with less than 4, just pay minimums. How do I save for other thingsCreate a budget. That add a vacation fund. Make monthly payments to that fund as if its a bill.You can keep your multiple accounts if it helps you better manage your money. 