My savings/debt repayment percentage for January was only 3.7%. That is quite a drop from the previous months percentage of 55%. The drop was because I didn’t make any debt payment and made only the minimum $50 contribution to my IRA. Until I receive my student loan money I’m not going to make any debt payments or extra contributions to my IRA. This is to make sure I have plenty of money on hand for living expenses and any unexpected expenses. Once I have my student loan money I plan on paying down my private student loan and maxing out my 2007 IRA contribution.