<prompt> Human: Hey redditors! Im trying to adjust my finances to pay of my loans faster is there anything I can do? The obvious is put more money towards my loans but what about consolidation tactics are there other options available? Can I lower any of the interest rates if my credit score has increased? Current Credit Score 705My normal monthly income is 4000 after taxes. Part of my monthly income deductions include:1. Union dues 502. 401k currently none I stopped putting towards it figuring I should pay off student loans first. Was that a good choice? My work will match at 6.I save 500 a month. I currently have 1400 in my savings after having paid off my credit cards. My goal with my savings account is to have 4000 and then start putting more money towards my student loans or 401k.I have two student loans:1. Wells Fargo a Consolidated Loan total owe 63,122 at interest rate of 6.52. Government Loan seven different loans totaling 36,500 at interest rates from 2.1-6.55 about 20k at 6.55 13k at 4My fixed monthly bills include:1. Rent Utilities 5502. Car Payment 350 0.93. Insurance 170 this is for two cars I could save about 550 a year if I get rid of the second one. Id like to keep it for the time being.4. Loan 1 4805. Loan 2 1606. Yoga 607. Minus 333 for a loanTotal bills 2103After deducting amount towards savings and bills I have 1400 for food, gas, entertainment etc. My first choice is to manage my entertainment budget allotting a certain amount per month. Is 500 reasonable with how much I make?At the rate my student loans are being paid it will take nearly 20 years to pay off with a total interest accumulation of 60K.On a side note I was considering purchasing a place as a first time buyer for 80-100k and renting out a room. With that just be a horrible idea at this time?  <response>: 401k currently none I stopped putting towards it figuring I should pay off student loans first. Was that a good choice? My work will match at 6.Youre leaving free money on the table. You should contribute at least 6. That 6 will earn immediate 100 return on investment which is higher than any loan interest rate you have. My first choice is to manage my entertainment budget allotting a certain amount per month. Is 500 reasonable with how much I make?Whats OK to spend is dictated by your entire situation and goals, not just your income. With the amount of loans you have, you should probably not be spending 500month on entertainment. At the rate my student loans are being paid it will take nearly 20 years to pay off with a total interest accumulation of 60K.Then pay them off faster. Decrease your expenses, increase your income, and shovel money at this debt until it is gone. 