When considering the cost of something view it in annual terms.
For example:
- Eating lunch at work every day only costs about $5, but that's $25 per week, about $100 month, and about $1250 a year
- Adding extra services to a cell plan may cost just $30 a month, but that's $360 a year
I don't know about you, but I can do a lot with $1250 or $360 ... that's a big chunk towards debt, and could seriously help pay debt off faster.
I find that viewing costs in larger terms puts the expense in a different light and motivates me much more.
Have you tried this? Does it work for you?
