<prompt> Human: Hey PF. Im in need of some guidance. Quick Summary. Graduated college in 2013 25 yo and have progressively earned substantially higher income each year 2014 55K, 2015106k, 2016 135K projected. Currently have 25K in savings account dumb, I know and need to know what to do with it. Debts- 20K in student loan debt left at approx 6 fixed interest paying off well ahead of schedule at 1000mo- Thats it car paid off, renter, pay off credit card each month Living on east coast so living expenses are relatively high approx 2,750 total per month including 1000 student loan payment. Proper efund should then be about 16,500. Have 401k with employer match at 5 currently growing. The obvious decision would appear to be to pay off the student loan in lump sums, right? guaranteed 6 return. But what about a refinance w Sofi etc.? I have aspirations of owning a home in the next 5 years. Is it wise to set aside a chunk of this 25K for that? What about investments mutual fund, ETF etc. I dont want to maintain the status quo and I dont want to mismanage. Any and all advice is greatly appreciated.  <response>: Pay off your loans, then start saving for your house. Concurrently, make sure you are saving 15-20 of your gross income for retirement. 