Think $20 doesn’t make a difference? It does, especially if you apply it to a loan. We’ve already cut 3 years off our mortgage by always making at least an additional $20 payment toward principal each month. (And we’ve saved $10,481.59 so far in the process. That’s right, ten THOUSAND dollars.) We are intending to pay significantly more toward the loan starting in January, but even sending an additional $20 now does make a difference.
It’s something to think about every time I find myself wanting to spend $20: do I want this (fast food meal, movie, etc) or would I rather have years of my life to spend doing what I want to do instead of paying bills? Put that way, it’s an easy choice. We deserve to have a completely debt-free life. We deserve the freedom of not having to work for our debts. Everyone deserves the freedom to pick up and travel to exotic locations without having to worry about how we can afford it. I’d rather have that than a fast food meal that’s gone in 20 minutes any day.