I, and most of the most successful people in the world, know what the best investment in the world is.  This investment can pay you anywhere from prime right on through to about 30% annually!  And, everyone has access to this great investment.  Have you figured it out yet?  It’s paying off your debt!  It sounds so simple doesn’t it.  In reality, this is where a lot of people fail themselves.  It is all about the appearance of money.  So you have $5000 of credit card debt and you have $10,000 in savings.  What good is it to keep that money so that you feel like you have been managing your money?  It does nothing for you!  Sure, there is absolutely no glamour in paying off those credit cards but not doing it can kill you in the long run.  That 28% card is sitting there bitch-slapping you with interest and the only reason you haven’t paid it off is because you like having 5 digits worth of savings.  Everything you do should be based on interest rates.  If you owe something that is charging you 28% annually then paying it off is giving you that value back.  It takes away something you would be paying.  That is the same as giving you money back that you wouldn’t normally have.  So you lose some savings.  Say you would have made 6% with that money invested.  By paying off that 28% credit card you are banking 22%!  By all means, don’t pay it off if your savings is bringing in a higher interest rate than your debt is charging you.  That doesn’t happen often though.  It is better to be at $0 than to have 10 grand in the bank with 11 grand in credit card debt.  Pay off whatever balance you can and then work on busting down the rest.  This is the best investment you can make with your money.