<prompt> Human: Hi pf! First post ever in this sub. I recently graduated college with 90k of student loans debt in June. I recently found a job in late September which allows me to take home 7000 a month. Since working Ive gotten my debt down to 75k. Im 23 and live at home so I dont have any major expenses. I would say I spend maybe 500 a month on random stuff about half on food to keep myself sane lol. The interest on the vast majority of my loans is 6.8 so its better to put off saving for retirement right? Im planning to put 6k a month towards loans which would mean my student loan debt would be just about gone in a year. I have about 2k in an emergency fund which may seem low. I keep it just in case but if I lost my job I wouldnt be spending much anyway so I think its enough. I would really like to buy a car though. My current one is from 1994 and will possibly get me killed one day especially when driving in the snow. Should I just tough it out with my old car and put off buying a new one until my loans are gone? Or do you guys have any other options that Im missing. Is there anything that I should be doing that Im missing? Thank you so much for reading!  <response>: Congratulations on your new job! With that kind of income and the fact that youre saving money by living at home, youre in an amazing position.The standard rpersonalfinance advice usually follows this format:1 Save 3-6 months worth of expenses for an emergency fund2 Contribute to your 401k plan to take advantage of employer matching if applicable3 Pay off high-interest debt 6.8 falls into this category4 Invest in retirement accounts max out 401k and IRA5 Other savings goals--house down payment, taxable investment accounts, kids college savings, etc.With regards to a car--be smart; dont be stupid. If you need a different car, you can likely save up the cash to buy a good used 4wd car for 5-10k and avoid saddling yourself with extra debt. 