There’s been some talk lately, both here and at other sites, about how to find that balance between treating your debt as an emergency and kicking it to the curb ASAP no holds barred, andpaying it off in a timely manner while still allowing yourself some “cheats” or fun money or whatever else you want to call it.
This is a tough topic for me. To read why it’s a tough topic and how I deal with it, click here.
I agree that it’s more than discipline. Based on experience, I had to learn from one mistake to another. I think a balance of discipline and nondiscipline is great as it would be more meaningful and would help us boost our determinition to pay off debt.
Smart comment, Jayson. I think more people would succeed at debt payoff if they could work to find that balance. When we push ourselves too hard we often end up giving up altogether.