<prompt> Human: Hey PF, Ive been on this sub for a few months and I love the honest and rational advice thats given here. I think I already know what youre going to say, but I thought Id lay out my situation and see what happens. Im 27, work in NYC, make about 75K a year, deposit 10 a paycheck into my 401K about 15K, having a savings with Ally of about 10K and Im about 8K in CC debt. I also have about 1,800 invested. I want to get rid of my CC debt fast but I dont want to use my 10K in my savings account. I want to save that for a new apartment in the next year or two. Would transferring my CC debt, from about 4 different cards into a card or two that provides 0 fee for balance transfers and 0 APR on those transfers be a good idea? Like the Chase Slate card? And then I could pay it off over the next year or less? Thoughts? Thank you, guys, much appreciated.  <response>: The point of savings is to avoid having to go into debt. Youre better off with 2k in savings than with 10k in savings paying interest on 8k in debt.You cant afford the new place - you just artificially think you can because of your debt. Now is your chance to fix things while your situation isnt that bad - otherwise youll be back here in a few years asking how to get out of a much bigger hole. 