<prompt> Human: To break it down even further: House - 38.1, Car - 8.4In addition to that, my wife and I have roughly 45,000 in consumer and medical debt and 9,000 in student loans were trying to clean up. I feel like were barely treading water and can never get ahead. I work FT, she stays home with the kids one toddler, one on the way. What can I do to right the ship? Assistant: How did it come that you have consumer debt? Thats usually an indicator that you are or were in the past spending more than you earned.If today you are earning more than you spend, then you can right the ship pretty easily. Build a small emergency fund of at least a months expenses. Throw the remainder of your income at the highest-interest debt or smallest debt depending on if you prefer the avalanche or snowball method. Rinse and repeat.Human: The 45,000 is a mix of credit cards and medical bills. A big chunk of it is from my wifes hospital stay with our first child. She was on bed rest at the hospital for almost all of her third trimester. After the dust settled, it came out to roughly 20,000 worth of bills.  <response>: So roughly 25,000 credit card debt and 20,000 of medical debt?If you are confident that you are not living beyond your means, then my plan outlined above would be a good fit for you to right your ship. 