You have more power than you realize when it comes to paying off debt. Much of the time it is the “wants” we don’t like giving up in order to get out of debt faster (not always, but in my experience, more often than I’d admit). Creature comforts like cool air conditioning all summer long are much harder to give up than buying a generic brand of cereal versus something name brand.

But it’s time to get radical. Think about this question: What’s in it for me? The faster you pay off your debt, the less money you’ll pay in interest this year, the sooner you’ll free up the money going toward monthly payments, and the more disciplined and less stressed you’ll be with your wealth in the years to come.

We may not be the generation that grew up walking three miles to school in snow up hill both ways, but we’re in a time when everything is at our fingertips, waiting to ruin us.

The incentive for many of our ancestors to be financially disciplined was the utter survival of their families; our incentive is typically less dire, . . . → Read More: 5 Radical Ways to Get Out of Debt Faster