[debtdude]

Aim as much as you can towards your debt.

Let's say you have a credit card with a 23% apr. If you were to split money - some in savings/ira/whatever and the other towards credit card, you'd need the interest of the saving/money market/whatever to EXCEED the interest of the credit card to make any money. Unless you've got a single stock that's going gang-busters, pay your CC down first then move one.

I'd also hold back on the whole "buy my own home" thing. Or at least pay on that in a few years out. You don't want to be declaring bankruptcy or forfeiting your mortgage because you jumped the gun on home buying too early.