22. Save $100 per month – Use savings to pay off credit card debt
For instance, you have $10,000 saved and $10,000 in debt on credit cards. You APR of 15% on $10,000 of credit card debt is costing you $1,500 per year on interest, or over $120 per month.
Your interest on bank accounts is maybe only 2%, or even nothing with all the bank fees, so you can save $100 per month on interest-payments if you pay your credit card debt down with savings.
Your credit score may also improve, giving you cheaper access to credit (like mortgage, personal, car debt interest rates may go down) and you can always charge your cards again to $10,000 in debt if you are ever in need for the money.
Regularly shopping for cheaper credit cards or with discounts or cash backs of like 1% also saves money.