<prompt> Human: Hello personalfinance! First time poster but longtime lurker. So I will admit the title was a little bit of click bait, but it is completely true. Here is my situation. I just graduated dental school and have about 250k in debt. However this was financed via an intrafamily loan and is set at 3 flat interest. I am doing a one year residency in a large city making about 54k gross or 3100 a month net. My budget for living totals to 2500 per month. I could break this budget down but my budget isnt really the point of this thread. This leaves me with 600 a month in savings. Right now I have about 1000 in savings. So my question is what is the best to do with my 600 savings a month. Right now I am thinking about making an ally savings account 1.05 APY and building that up to an emergency fund. But I know there are other options out there invest, pay loans, etc.I suppose the big kicker in this equation is after the year of residency my gross income should increase to the 120-180k range. I know this is a large range but thats how it is for new dentists. I didnt plan on servicing any of my loans during my residency year and this acceptable per the original intrafamily loan contract. It is accruing the above mentioned interest though. I am single, healthy, and my car 60k miles toyota is paid off.I would appreciate any help. I would be happy to answer any additional questions. Thank you very much for anyone who reads and comments!  <response>: You have it right. Just save up an emergency fund for now. When you get the new big job dont start spending more. Keep living your current lifestyle and pay the loans down aggressively. 