<prompt> Human: tl;dr: Financial Advisor tried to sell me on a pyramid scheme and I lost my trust in her and am looking for advice on dealing with my debt. Which is why Im here and not asking her for advice. I dont know how to balance having an emergency fund with paying down my loans and am looking for advicestory time, skip to below for questionsSo, about 2 years ago I met a financial adviser FA looking to have a website made. I dont often work for barter but her website was simple and I was wanting to get started with saving for retirement. I was 27 at the time 29 at present and had a stable job making 35k a year. So I worked out a barter with FA and she set up a Roth IRA for me through Cambridge that started small but had regular contributions. Then I quit my job and took a new one that paid more money. When I called Cambridge to change my address they said I had to do so through my FA. I contact her about it and it never happened.The new job ended up not being as long term as I had hoped start-up that made money but where the owner decided to run with the money and so I moved back home. I tell her again to change my address and that I moved back home. She says she has a job opportunity for me. So we meet, and its a pyramid scheme. I was livid that my FA would be so daft as to buy into that and then try to sell me on it. This was a few months ago, Ive not heard from her since. My IRA mail is still arriving months late from being forwarded through who-knows-where. All I want is to remove her entirely from this but Cambridge says I need her to do as little a thing as change my address. Which is a long winded way of explaining why Im here asking you guys for advice instead of her. Below are my account details. I currently work a meager job making 150wk and then I make 100-1000 a month in passive income from that start up at least I worked royalties into that contract, eh?My questions are, how do I manage these loans I have? Mostly student loans. I dont want to pay an extra 3,000 in interest per loan. Thats insane! I have enough to either a pay my car loan off out right b pay my private loans AES off out right or c pick and choose some of the federal loans to pay off outright but if I choose either of those options I will not have the emergency funds necessary in event of an emergency. I could also sell my car as its worth 2-2.5k more than I currently owe on it and then buy a junker. But I really like my car but its a scenario Ive been entertaining. I dunno how to balance having an emergency fund with paying down my loans. Its even more difficult to figure out without a proper 40hour a week job paying me a salary. any advice would be appreciated.Accounts:Checking: 451.76 Savings: 4765 High Interest Savings: 15014.41Roth IRA: 1700Income: 150wk 100-1000 monthly passiveAES:Loan 1: original: 6620current: 7130.49monthly: 59.66length: 181 moInterest: 5.733 standard variablenon-subsidizedexpected pay off: 11142029Total finance chargeThis is the total amount of money you will have paid toward interest.3,463.08Loan 2: original: 7705.00current: 8573.53monthly: 71.73length: 181 moInterest: 5.733 standard variablenon-subsidizedexpected pay off: 11142029Total finance chargeThis is the total amount of money you will have paid toward interest.4,084.76Dept of Ed:Loan 1-01: original: 5988.41current: 6143.23monthly: 25.65length: ???Interest: 6 fixedSubsidizedIncome Base Repayment will never be paid offLoan 1-02: original: 2000.00current: 2548.68monthly: 10.51length: ???Interest: 6.8 fixedUn-SubsidizedIncome Base Repayment will never be paid offLoan 1-03: original: 1400.00current: 1723.55monthly: 7.10length: ???Interest: 6.8 fixedUn-SubsidizedIncome Base Repayment will never be paid offLoan 1-04: original: 2979.00current: 3327.33monthly: 13.89length: ???Interest: 6 fixedSubsidizedIncome Base Repayment will never be paid offLoan 1-05: original: 5500.00current: 7253.49monthly: 29.90length: ???Interest: 6.8 fixedUn-SubsidizedIncome Base Repayment will never be paid offLoan 1-06: original: 2391.00current: 2747.69monthly: 11.33length: ???Interest: 6.8 fixedUn-SubsidizedIncome Base Repayment will never be paid offNavient:Loan 1-03: original: 4000current: 5526.40monthly: 22.87length: ???Interest: 6.8 fixedUn-SubsidizedIncome Base Repayment will never be paid offLoan 1-02: original: 5500current: 7815.17monthly: 32.35length: ???Interest: 6.8 fixedUn-SubsidizedIncome Base Repayment will never be paid offCar loan PNC original: 5500current: 13917.70monthly: 289.36length: 6 yearsInterest: 3.04 fixedMaturity Date: 02192019Total finance chargeThis is the total amount of money you will have paid toward interest.942.58Assistant: 1. I would indeed get rid of that Cambridge company and of that FA. You have an IRA, an individual retirement account. You should be the boss of it, not your FA, and not Cambridge. I guess moving the money to Vanguard would be a good way to get in control again. The idea that you yourself wouldnt be able to change details of your individual retirement account is so wrong...2. As for your debts: pay all minimums and then put all remaining money towards the debt with the highest interest rate. That is the most efficient way to get rid of debt and to be debtfree soonest with the lowest amount of interest paid. can help you create a plan. Given that your highest interest rate is 6.8 hey, at least its not 24 on a credit card!, and that you have many loans at that rate, in that case start with the one with the lowest amount currently owed so that youll see a small win when you can pay that one off completely and put all the paperwork for it in storage. So that seems to be Loan 1-03 for 1723.55 at 6.8 Good luck! Human: may I ask you a question about pay all minimums and then put all remaining money towards the debt with the highest interest rate.Earlier in the summer I paid off an AES loan in full. The next day it said I owed them another dollar and change, thinking I just mistyped something, I paid that. the next day I owed another dollar and change!I called them and asked them what was up and they said that interest was applied daily and I had to call them to get the pay off amount. I asked also about paying in addition to the minimum. Does the extra go towards interest or principle. They told me interest. it only goes towards principle if I mail in a hand written letter requesting that it go towards principle. that seems like all sorts of fuckery to me. Or is that business as usual? It seems that extra should apply to principle.  <response>: Almost all loans work that way. You need to call them and request the pay off amount. The pay off amount is almost always different from the balance showing due to the interest. 