<prompt> Human: In May I graduated with a Masters in Accounting and now my grace period timer has begun. Luckily, I landed a full time job that will be paying 55,000 per year. After covering my monthly expenses and minimum student loan payments, I will have 1500 per month left over to start to saving. I frequent this subreddit, so I know all about establishing an emergency fund, matching my employers 401k plan, starting an IRA, and paying down debts. Where I am lost though is where to start saving for a home. Should I try and get ahead of these student loans and pay them off in 3-4 years, or should I be paying the minimum amount and also save for a home? My grace period ends in October, and I will be getting a 5,000 bonus which I will use to pay down any accrued interest. How should I go about balancing eliminating my debt and saving for a house? Please find the loan information below. Direct Subsidized Loan - 4.50 - 3,500.00 Direct Unsubsidized Stafford - 6.8 - 2,629.98 Direct Unsubsidized Stafford - 6.80 - 8,077.92 Direct Unsubsidized Stafford - 6.80 - 8,808.30 Direct Unsubsidized Stafford - 3.86 - 4,006.29 Direct Unsubsidized Stafford - 6.21 - 21,265.58 Federal Perkins Loan - 4.00 - 4,000.00Total Loan Balance: 52,288.07 Total Accrued Interest: 4,538.07 Minimum Monthly Payments: 591 for 10 year level payment; 374 for 10 year graduated paymentI currently have no emergency fund, no 401k, no IRA, and a 13,000 car payment at a 3.9 fixed interest rate. Any suggestions on how I should proceed?  <response>: Im by no means an expert, but what Ive read suggests that the emergency fund is goal 1. That allows you to absorb sudden financial shocks, and enables long-term planning.Example: Last week, some jerk did 1500 of damage to my car. While it was parked, and of course, no note. However, I have enough to pay the costs after insurance, so I can get the car fixed and get back to work. No interruption in work, or salary, or long-term goals. 