<prompt> Human: Thanks for reading. I have 8200 in my bank account. I was going to allocate 4000 of that to pay down one of my two remaining credit cards. Then Ill be spending 2000 every pay check I get paid twice a month to eliminate the rest of the debt. In any case, the debts should be paid off within two to four months, depending on whether or not something goes wrong and I need to save my pay for something else. Does it really matter if I pay down the bigger debt first? I know its mathematically better, but the interest gained on the 4300 balance is around 65 a month. The interest gained on the 6400 balance is around 79 a month. Its not much difference and I think Id benefit from the psychological boost of crushing the smaller balance. I might even stretch the payment to 4300 so that I wipe out that card today.Or is dropping that much at once a bad idea? Should I pay down the bigger debt with 2000 per month and save the rest for emergencies? I have no emergency fund. The 8200 in my account is all I have right now.  <response>: Whichever has the higher interest rate. Does it really matter if I pay down the bigger debt first? I know its mathematically better,No, its not. The higher interest rate is better. Amount is irrelavent. 