• Make a commitment to stop borrowing or buying with credit.
  
• Systematically pay off debts.
  
• Absolve each debt and continue to apply that debt payment to the next debt obligation.

Moe and Jo Doe have 4 outstanding consumer debts

1. An overdraft with a monthly payment of $11
   ($30.50 balance at 14.4% interest)
   
2. Credit Union loan with a monthly payment of $145
   ($2044 balance at 14% interest)
   
3. Bank Card with monthly payment of $53
   ($2098.40 balance at 19.8% interest)
   
4. Store charge card with monthly payment of $40
   ($470.11 balance at 20% interest)

Total monthly payment is $250

• When the overdraft is paid, that $11 is added to the $40 payment to the department store, making a 'power payment' of $51.
• When the department store is paid, that $51 is added to the $53 payment to the bank card, making a compound payment of $104.
• When the credit union is paid, that $146 is also added to the bank card payment, making a total payment of $250.

Using rolling power payments means that Moe and Jo are debt free 42 months sooner (23 instead of 65 months) and save over $700 in interest costs. Furthermore, they have effectively gained 42 extra months wherein they can choose to put $250 into wise investments that will earn them money instead of simply retiring a debt.