<prompt> Human: I assume this is a fairly straight forward question, but for the life of me i cant decide it for myself.My wife and I have about 1500 in credit card debt and about 10000 saved up for a down payment in a 3-4 years. I can eliminate this debt on the spot but i know if i do, my wife will be scared that it will take too long to replenish the money taken out of the savings account and that it opens this up to becoming a regular occurrence, therefore making our savings smaller in the long run. without divulging too much about our lives, what would you do?  <response>: Thats the interest rate on your credit card? If its more than the interest rate on your savings account, you are throwing away more money by keeping the credit card debt.Pay off the credit card debt. Cut it up. Dont use it again until you can use it responsibly and pay off the balance at the end of the cycle. 