Not sure if this is the right forum or not, but here goes: So, I've got some investments. I've also got some credit card debt and my wife has student loans. The credit card debt: 1/3rd @ 20% interest (used to be 12% ) 2/3rd @ 0% interest for the next year, then 10% for the life of the balance Student loans: I believe half of them are at 6% and the other half at 10% I was thinking about taking some investment money out to pay off the credit card that is gaining interest--leaving the interest free balance alone for now. Is this a good idea, or is it stupid? I figure I'm not going to gain as much money as I'm going to pay in interest. Should I just take everything out of my investments and pay off as much debts as I can? Then I could use all my extra money to pay off the remaining debts until they're clear, then fill the investments back up. None of this is related to retirement, it's all in a brokerage account, which was a gift from my Father to use as a down payment on a house. At this point I'm not making anywhere near enough money to be living in a house, in fact, I'm living in a property of his and not paying rent.