<prompt> Human: My Wife and I are in our mid twenties and have a 1 year old son. We live in Virginia. Shes an E-4 in the military and I work full time and Im a full time student. Together, after taxes we make close to 60,000 a year. She plans to get out of the military in the next few years as shes starting school and will hopefully be getting into a nursing program. I am in my undergrad and plan to go straight into a Physician Assistant program after I get my bachelors. Our debt is as follows:Student loans: 12k she wont have much student loans in any at allCredit cards: 18kCars: 30kAnd of course we have regular expenses such as cell phones and utility bills. My Wife has access to VA loans. We are just tired of paying so much in rent when we could pay much less to own a home and start to build equity. What should we do?  <response>: You wont be moving while shes still in the military? If so, you wont be moving once shes out of the military? Credit cards: 18kWhat is this from? Stop living above your means. Have you addressed this problem? Whats your plan for paying this off? This alone makes you seem very financially irresponsible and means you arent ready to buy a house. Cars: 30kYou have 0.5x your take home in car debt. We are just tired of paying so much in rent when we could pay much less to own a home and start to build equity.Equity isnt magic word or concept. How much do you pay in rent? How much would you pay if you bough including mortgage, taxes, insurance, maintain, and HOA fees if applicable? Just because you can put 0 down doesnt mean its a good idea.What savings do you have? Even if you put 0 down do you have enough for closing costs, a 3-6 month emergency fund, and a house maintenance fund? If yes Why arent you using that money to pay off your CC debts? 