<prompt> Human: It seems the first advice anyone on here gives is to build an emergency savings before paying down any debt. The way I see it, if I have 1k to put in an emergency savings, wouldnt it be better to put that towards a credit card with a 15 interest rate? That way if I do get in an emergency before my debt is paid off, I can use my credit card and pay interest on the emergency money needed. Rather than the full 1k thats just sitting waiting to be used. If this doesnt make sense I can restructure the question later, Im just rushing to get ready for lunch. Thanks for any information!  <response>: Many people suggest 1000 baby emergency fund then continue paying off credit card debt, once all debt above 10 is paid off you can put extra into a bigger emergency fund. Biggest reason is you cant use credit cards to pay rent in most places and theres a chance your credit card can get declined or shut down. If that 1000 prevents overdraft charges or savings account fees then it paid for itself. 