<prompt> Human: So I got my tax return recently and because of various credits it was just under 4k. I have in in my savings account right now, but I have some credit card debt that I could wipe out. My questions is should wipe the debt or keep the cash as an emergency fund. Additional info: 22 year old student making about 40k while going to school. About 10k in my 401kAssistant: Need more info.Human: What other info are you looking forAssistant: Do you have an emergency fund already. How much credit card debt. Credit card interest rate. Rough monthly budget.Human: Didnt have a large emergency fund yet, around 1000. CC debt is about 3k over three cards, average interest rate is about 17. Monthly budget right now is 500 rent, 200 car payment, around 70 in utilities after being split between all roommates. Other various expenditures, i.e. gas, food, leisure, are about 300.  <response>: With a 17 interest rate Id definitely pay them off. Try to build up a bigger emergency fund around 4 to 8 months of expenses, and try not to carry a credit card balance in the future. 