I think paying down the cc is a better decision than leaving money in savings.
If one thing (cc) is costing you 10 or 20% and another thing (savings) earns you only 2%, then it makes sense to pay off the debt costing you more money.
I keep my savings safe by putting it in CDs which are less than 100% liquid, but still in cash. CDs do not show up on my bank statements, but they are at the same bank my atm card used to access my monies.
The easiest way to change is to look at your SPENDING habits and not analyze the savings habits so much. Get the saving to be automatic- send $500/month to a CD for example, or send $100/month to a mutual fund or other investment. Create savings from a HABIT and at same time stop the spending habits. I don't carry my atm card with me and that slows my spending down considerably.
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