<prompt> Human: Background : 30 yo couple making about 4600mo totalDebts : Student loans : 30k 4Car Note: 12k 3.9Assets:Own wifes carTotal cash savings: 10kCompany 401k: 10kcurrently contributing 8Current monthly expenses:Rent 1000moCar gasinsurance for two cars: 500Car note:500Groceries: 400Eating out: 500Utilities: 150Gym memberships: 100Internet:45Cell phones: 120Miscellaneous:200Student Loans: 500Saving: 500We would like to buy a house in two to three years but neither of us are good at financial planning. I know our eating out budget is higher than it could be and I am planning on changing our phone plan when the contract is up soon. Our goal is to have 25k to 35k saved for a down payment and closings costs for a house in the 100k-125k range. Should we use some of the cash savings we have now to pay off the car note or continue saving as the budget is currently set up? Any tips or help would be greatly appreciated.  <response>: This isnt going to be a friendly answer so buckle up as Im going to get fatherly or grandpa like on you right now. I was once in your shoes and got a stern lashing from mentors - I couldnt be more grateful for that beating I took so here goes my effort to help...You need to make DRASTIC changes to your lifestyle. You are in an debt crisis and need to get it cleaned up before you even think about buying a home. 500 dining out - what are you a prince? Do you have a personal chef? This needs to end. Today. You should not eat another meal outside your home until you are debt free. Savings: 500mo, health benefits, marital benefits by cooking together. Cars - do you have a bike? How far from work do you live? Either start biking to work or move closer to work. One car should be sufficient for your needs. Also shop around for cheaper car insurance once you ditch the car that has a loan on it. Savings 700month in car note and gasinsurance. Gym membership - I should drive to your house and punch you in the throat. Get on your bike and do some push ups and pull ups. Savings: 100monthCell phones: too high. check out republic wireless. Savings:70mo. Weve now saved 1000-1370month while improving your life. My guess is you can get this closer to 1500. Throw that on top of the 500 a month youre throwing at the loans and you can be DEBT FREE in 15-18 months. Then and only then do you start building up your house down payment fund. This is not popular advice and its not going to be easy but I promise you if you dig in now and make some sacrifices you will be greatly rewarded in the end. Ive been in your shoes and turned my lifestyle around in order to buy a house - there is not a greater accomplishment than taking over your finances and being in control of your destiny. Two sources I want you to read cover to cover. Www.mrmoneymustache.comWww.bogleheads.orgI know my post was brash and mocking at times but Im serious with every ounce of my being and wish the best for you. Best of luck and PM me anytime you need advice or a good old tongue lashing. 