<prompt> Human: This post is mostly a question about where the best use of this money would be. Im a US citizen living in Switzerland, married to a Swiss citizen. Were about 40K in debt, including car, my student loans, a personal family loan, and our combined credit cards. Weve started taking the Dave Ramsey approach and start with our first 1000 in the bank, then work on paying off the debts, smallest to largest. Were making decent progress. Were going to be able to save about 500-1000 per month, after all payments and food, fuel, etc. We also have about 1000 in value of precious metals on-hand.Thats all to say that my wifes work is offering to us a 20,000 get-out-of-debt loan, with a whopping 0 interest. 400 gets taken out of her paycheck per month for 20 months, then 800 a month for 15 months. The company is a publicly-funded, yet semi-private organization. It bewilders me that any company would offer something like this without any interest pun of getting a financial return. My wife says is a Swiss thing - the company values good work from their employees more than money. Theyd rather have out-of-debt employees that are in-turn happier and can do a better job than the alternative. Even with the 400 a month removed from her paycheck, we can still add money to our savings. Our debts, in order from smallest to largest. Credit Card 1 - 1,812.37 - 23.65 interest - Min Monthly 68 Credit Card 2 - 2,791.48 - 23.40 interest - Min Monthly 89 Credit Card 3 - 5,721.50 - 9.9 interest - Min Monthly 300 Student Loan 1 - 1,592.09 - 5.6 interest Forbearance Student Loan 2 - 2,032.03 - 6.8 interest Forbearance Student Loan 3 - 3,217.72 - 6.0 interest Forbearance Personal Family Loan - 10,000 - 0 interest, just potential strife if not repaid soonish Car Lease - 12,704.45 - 3.8 interest - Monthly 429We have exactly 1,000 in the savings account. Our initial plan was to completely knock out Credit Card 1 and 2, as they are the highest interest rates, and smallest amounts. We plan to put 3,000 onto card 3, which should half the minimum monthly payment to around 150 per month - but we still plan to pay 300 to pay the balance sooner. We had no intention of putting any money onto my student loans, as they are in forbearance, and we make no monthly payment on them. We planned to put another 2,000 onto the Personal Family loan, and keep the rest of the cash as a bigger emergency fund - if something comes up, like the transmission on the car goes, I dont want to end up putting things on the cards again. How would you do this differently? Im hoping to get a few other perspectives on how to use a windfall like this. Im worried that we have no real plan to pay the student loans in the next 3-ish years as long as I can still get the forbearance aware that interest is still accruing.EDIT: My wife has a very established retirement account with about 60,000 funded already. Its taken from her paycheck already, and employer matched. Assistant: European interest rates has gone below 0 in some countries, so it may be beneficial to the company too. Its a good idea to pay off the highest interest first. My only concern is if your wife leavesis fired what happens to this loan.Human: That was my HUGE concern with this - but they basically said that this ensures her employment. Shes been with them for almost a decade, and they are very highly situated within Swiss society. Think of it like a teacher job, or a post office job - its not going anywhere in best of theories!.Assistant: Sounds like it ensures she wont quit, cause then shed owe them 20k. It doesnt sound like it ensures they wont fire her. Human: True. From what my wife and coworkers tell me, no one has been fired or let go in 20ish years save for one guy. He drove his car through the buildings front entrance, and was stalking female employees. Barring my wife doing THAT, I think shell be OK :  <response>: Theyll still have terms identified up front if in the odd scenario she does leave or is fired. You should probably find out what those terms are. 