Is there a way to save the path to a frequently used directory in UNIX, so instead of having to manually cd /path/to/directory I can just enter a shortcut cd myFavoritePath ??
Define your favorite directories in CDPATH environment variable. It's a colon-separated list of search paths available to the cd command. You should specify not a directory you want to switch but parent directory.
Here is brief info about it: http://docstore.mik.ua/orelly/unix/upt/ch14_05.htm
For example you have three directories you work with frequently:
/home/user/scripts/favorite/
/var/log/
/var/lib/
add to your ~/.bash_profile (or another shell profile file you use) the next line:
export CDPATH=.:/home/user/scripts:/var
In the example below I just redefine CDPATH in shell for the current session
[user@server lib]$ CDPATH=.:/var:/home/user/scripts
[user@server lib]$ cd log
/var/log
[user@server log]$ cd lib
/var/lib
[user@server lib]$ cd favorite
/home/user/scripts/favorite
If you want use tab while execute cd
you can install bash-completion http://bash-completion.alioth.debian.org/ but it's optional
Also do not forget cd -
command for quick switching to previous working dir