<prompt> Human: Hi all,This is my first post in reddit and Im hoping to get some advice on what to do with my savings. I currently have about 35,000 saved in my bank and around 5k in student loans. I make around 60,000 a year and my goal is to hopefully buy a house within the next 3 years. Problem is, I live in Washington and the housing market is really unaffordable. A decent home is around 400k and on the market for only a few days. Any advice on whats best to do with my money is greatly appreciated...Thank you!!  <response>: Pay off your student loans. You could write that check today.Dont buy a house for 400k if you only make 60k and have only 30k. Set aside an emergency fund of 3-6 months of expenses that YOU DO NOT TOUCH FOR ANY REASON EXCEPT FOR EMERGENCIES. The rest is up to you man. Either put it in savings and watch it grow until you have a sizable down for a house that sizeexpensive. Hopefully a year or two down the line that 30k turns into 60,000 and you start generating more income. But I wouldnt recommend you purchase a house that expensive unless you can cash flow it. You simply cant afford it at that income.But if you end up saving 200,000 dont feel bad about buying a house worth 200k and building equity in it. Also, are the student loans your only debt? 