Pay Down Debt or Build Up Savings?

save a reasonable amount for emergencies then kill the debt. You get more less on tax savings than you spend on the interest. (go ahead run the numbers...)

If things go right...I kill my student loan next month, my wifes in 3 to 6 months then all I have is the truck and house, then I figure out what to do.

I have seen two methods of killing debt..

1. snowball method...pay off lowest total fist, minimum on rest regardless of interest rates... Kill one then kill the on to next. Your payments keep getting bigger and you feel like you have accomplished something. So mentally you stay with it.
2. highest interest rates first then on down. you save more money this way.