It has been common to see high interest, which is around 3 percent a month. Say the highest investment return comes from shares of about 25 percent a year. That means, credit card arrears only need 8 to 9 months to erode investment returns. It's useless, have an investment if the ends run out to pay debts. Therefore, it is better to stop saving first and control consumption, the money is diverted to pay off credit card debt completely. Stop using a credit card, if you are unable to pay it in full. It is futile to try to pay off old debt if new debt continues to emerge. That's the same as using a leaky bucket. Make no mistake.
There have been so many people who are busy looking for solutions to mounting debt, but on the other hand, they still use a credit card without being able to pay off. If you cannot stop being in debt, it means that there is a problem in consumption patterns. This is a problem that must be addressed. And usually, the root of the problem is not in finance but in life style, prestige and maturity. You rather need a psychologists, than financial experts, to find a way out of this problem.