<prompt> Human: Income: -95K me 30 yrs old 50K wife 27 yrs old 145K combined Retirement Contributions: -95k salary contributing 15, w company match 100 on 4.5 -50K salary contributing 10, w company match 100 on 4.5 Assets: -20K total in 401k accounts -10K in savings account -230K home Debts: -8K car loan 5.5 -9.5K student loan 5.25 -195K home loan 4.25 17 yr fixed Questions: -How should I approach the remaining debt? -Should I consider IRAs Roth, traditional? -Any other feedback tips would be greatly appreciated!!! Budget: -600 Medical, Dental, Vision, Life insurances -1,775 Mortgage -150 Auto Home Insurance -145 Student Loan -400 Car Payment -260 Utilities -225 TV, Internet -1,000 Food -300 Daycare grandmother -350 Gasoline -50 School expenses 4,355 TOTALAssistant: Your savings for retirement look pretty good; quite a nice percentage! You havent saved a large amount yet, though, so perhaps both of you have only just started working?I would pay down the debts from high interest rate to low interest rate, so first the car loan, then the student loan, then the home loan.Since you probably bring home about 8kmonth, together, I would up the amount of money in the savings account to at least 25k or three months of income. If one of you loses hisher job, that should keep you afloat for a while. Human: Arent car loans usually on a fixed schedule and no matter how fast you pay , youre going to end up paying the interest anyway? I would pay the student loan first if thats the case.Assistant: TIL: Its an important detail of a car loan, whether or not pre-payment is allowed for reduction in interest.edit: Not all car loans are on a fixed schedule.  <response>: I would guess it depends on financier. You may be able to pay it off early. Call the loan holder, dont take his word for it. 