<prompt> Human: Married with a kid, I make 50k wife makes 70k Monthly expenses combined are:Rent - 600Electricity - 100TV- 70NetflixInternet - 60Car payment 2insurance - 600 19k loancell phone- 120Student loan- 500 45kMisc- 350Total - 2400 monthlysavings-15kMatching 401k at work and wife is doing 403b, we want to start ira, dont know where to start, student loans are sub and unsubstantiated beginning to be more aggressive with unsubsidized loans and will follow after those are paid. Car loan is what it is. We want to start a college fund for son, what can I do for him?We want to save for a house? 40k down on 200k home seems reasonable, we could have saved more but we went all out last year, travels, proposal, wedding, gifts, etc. First year not having to worry about expenses, both of us graduated college, went straight to work and have enjoyed working in our careers. This year we plan to save as much as possible but I want to figure how to do it right.Heres the plan, save and do nothing with money...how do I make our money work for us.  <response>: Youre trying to do twenty different things with your money at the same time. When you try to row a boat in 4 directions at once, you go nowhere. You need the power of focus.I know that sounds motivational speaker-y, but setting a single goal and knocking it out will give you a greater sense of accomplishment than your current plan.Whats your first goal? If Im in your shoes, I use all but 1,000 of your savings to reduce any high-interest debt. If any of your student loans are above 6 or so, knock them out. If your car loan is above 4 or so, you can pay that off in 2-3 months from the looks of it. That will help your cashflow considerably.If youve gotten REALLY good interest rates on the student loans and the car, then I keep the money in savings and call it my emergency fund, and from this point forward I pay as much as I can on the highest-interest loan until theyre all paid off. Remember to focus. 