How to get out of debt - focus on the small things

When you owe a lot or you have a goal to purchase something big, it might seem overwhelming. But small amounts accumulate in to big amounts over time. So think about the little purchases and bad habits that you have and calculate what it amounts over time. Here is a table showing how the little becomes big over time.

A day	Week	Month	6 months	Year	5 years	10 years	20 years
0,1	0,7	3	18	36,5	182,5	365	730
0,5	3,5	15	90	182,5	912,5	1825	3650
1	7	30	180	365	1825	3650	7300
2	14	60	360	730	3650	7300	14600
3	21	90	540	1095	5475	10950	21900
4	28	120	720	1460	7300	14600	29200
5	35	150	900	1825	9125	18250	36500
10	70	300	1800	3650	18250	36500	73000
20	140	600	3600	7300	36500	73000	146000

This is also useful if you are thinking about getting extra income. It doesn't necessarily need to be a lot you're making if you are using it all for your debt payments or savings, or furthermore investing if you have no debt.

You can also calculate it another way. Let's say you're looking to save a 1000. How much would you need to save per day to accumulate the amount in a week, a month, several months or a year.

A day	A week	A month	2 months	3 months	4 months	5 months	6 months	9 months	A year (360 d)
1000	142,86	33,33	16,66	11,11	8,33	6,66	5,55	3,7	2,77

These calculations are made on the assumption there's no interest on the savings (or debt).