<prompt> Human: As the title says, I have about 3500 saved towards getting a new car. I have about 9000 in savings on top if it and already have another vehicle that I expect to get another 2-3 years out of give or take.I also have just about that amount in student loans from 2 semesters at a community college. Ive been paying it at about 100 a month, usually throwing more at the higher interest loan. The minimum is like 56. My question is, should I just keep steadily paying off the loans and hold onto the 3500 and keep adding to it when I can, or start over with a new car savings and completely wipe out my student loans with the money I have now?  <response>: Why would you pay interest if you dont have to? Beyond an emergency fund, you can pay off the debt and pay yourself back each month the same as you would have with the loans. 