<prompt> Human: We dont have a large income, maybe 35kyr between us.We get by enough but after 4 years of pocket change saving for our son, we have eclipsed the 1k mark. Im at a loss at what to do next really.Mutual Fund? Many I look at are too high of a minimum Investment thus far. Many have 5k min.Simple Savings account? Simple.Robo-Invest account? Clueless on this a bit.also on a side note: Is YNAB really that good? i have a very up and down paycheck to paycheck total... and paying off debt is hard for me. Thanks in advance everyone.Assistant: What is your total debt combined?Human: I have 2k to Navient School, 2k to Synchrony CareCedit.She has 11k to Nelnet School, 18k to Ally Car, 300 to Synchrony Care Credit.so 35k to be very conservativeWe are paying our own separate for now. Once Im done with my 4k Ill be helping her more.Assistant: Then why are you saving pocket change for your son? You should be using it to pay down debts that are roughly equal to your maybe 35kyr between us.income which is a huge red flag, not only because your combined incomes are pretty low but since you dont even know how accurate your estimate is.Im not sure what you thought this rainy day fund for your kid was going to do, but the best thing you can use it for is to make sure his parents arent getting crushed with interest payments. Why do you have a car loan worth 50 of your income?Why do you have student loans worth 13k and combined income just barely over dual minimum wage earners? If you want to get serious about providing for your kid, its not a matter of saving pocket change.Human: Cause we are young and dumb, and not smart with our money early on, Ive been selfish and trying to fix my mistakes.God forbid I come here looking for advice. I have a lot more problems then finances currently.Notice how i didnt say anything about rent which could easily be 10k a year? we have some stuff we are thankful for our families are helping us with.I come here looking for investmentSavings advice primarily and simply asked a yes or no question.  <response>: Replies in this thread seem to be getting a little heated. If you think a comment breaks the rules, please report it - no need to respond in kind.Thanks,and I hope you get the help you need! 