<prompt> Human: Im getting roughly 900 back from taxes this year. I have about 200 in savings and 900 in credit card debt. The debt is all on a card that has 0 APR for about the next 12 months. Ive been putting 50 of each paycheck into paying off that credit card so that it should be paid in full before I get charged interest, and any new purchases go on a different card I pay off each month, so that account wont be gaining any debt. So what is better? Having the 1100 in savings now and paying that card over time or paying off the card now and putting that 50 per pay check to savings?  <response>: Given that you have such a small emergency fund, and arent paying any interest, Id put the 900 in savings. Make sure you pay off the card before you get hit with interest, but an 1,100 savings gives you a lot more breathing room if anything goes wrong. 