<prompt> Human: I have about 80,000 in student loans. I plan on putting the extra money each month towards either the loan payments of which I am only making the minimum right now or into savings. I am also very stupid with money, hence the huge debt.Which do you think is a better idea?  <response>: Why not a little of both? Or you could do what I do and gradually increase your student loan payment every month so that isnt that noticeable. I originally started increasing my payments by 5mo but now that I earn more I make it 10mo. This way you get an accelerating paying down of your debt without the feeling of making a huge sacrifice all at once. It is purely psychological but it works for me. Added bonus is that it will feel like a huge raise once you do pay it off. 