I am currently in debt for ~$32,000. One debt is $5,100 for my car. My other debts are for school loans. I make $65,000 as a base salary and earn commission of around $15,000 a year. Last year I pulled in about $80,000 and this year will likely be the same. My savings account has close to $19,000. I transfer $300 into my savings each month. Also, I loaned someone $7,500 this year (from my savings if that matters) and he has paid me back $1,900 of that. He pays me in monthly installments of $600 which I add back into my savings. I also have another commission check coming next month (I receive these checks quarterly) for which I expect to receive close to $3,500. I put all or most of my commission into my savings. So that will bring my savings up to around $22,500. My question has been whether or not I should put some of my savings towards my debts? And if so, how much and which debts? I'd love to pay my loans off first as they are accruing interest and my car payment is interest free. I should mention my current payments are for $500 a month each for my car and my student loans. I suppose I am considering doing this since I am putting a steady amount into my savings monthly. Or should I just up my monthly payments? I'm just wondering if it's more important to get rid of this debt fast or keep a really good cushion in my savings. What do you think?