Woo-hoo! I made it one year! Blow the horns, pop the champagne and set off the fireworks! Let’s dive right in and see how I did:
- Credit Cards/Personal: $0! (down from $4,998.93)
- Medical: $1,001.36 (down from $4,521.62)
- Student Loans: $24,182.89 (down from $26,000.56)
Bringing my GRAND TOTAL to $10,336.86!!!
WHAT?! Are you frickin’ kidding me?! I paid off more than $10,000 that I easily would’ve wasted on something else. Wow! Opens the eyes, doesn’t it?
Here’s what I liked and disliked about the Spending Fast:
- It forced me to focus on my finances. A $20 lunch becomes a bigger deal when you realize that it could be an extra $20 to put toward some annoying debt. And there’s no shame here. I definitely fell off the wagon a few times. Just get back up, right?
- I became more creative. Whether with food for my family, or gifts for others, or special treats for my students, I found myself opening up my cabinets and my heart more. And you know what? Nobody complained. :)
- I adopted minimalism and I’m never going back. I really did learn what it means to be content with what you have. I’ve donated carloads of items to those who need them more than I do. My house is empty of excess, but my heart is full. <3
- It feels amazing to not have to worry about certain bills anymore. Just go away, right?!
- I’ve learned to make a conscious effort to purchase what I need. It’s a process, yes, but I can tell I’ve changed for the better. Case in point, I haven’t bought random crap in the Target dollar bin! See?! It IS possible! :)
- I find that I’m happier. I’m not sure what it is, but it’s as though living more simply has changed my outlook.
- Oh, and let’s be honest, I’m digging the whole “Yeah, I can’t” as an excuse to get out of stuff. ;)
- It requires an assload of discipline. Seriously. It’s definitely easier said than done. Yes, I screwed up a few times, but the point is I got back up. You can, too. :) If you feel a year is way too long, take a month at a time. Or a week. Or a day! Whatever works best FOR YOU. Being a Spending Faster is just the blueprint. This is YOUR house. Decorate as you see fit!
- I think that’s it! :)
So where do I go from here?
Well, I still have things to pay off and goals that need to be accomplished. I plan on doing a modified Spending Fast/Diet to continue. I’m not in the mood to go all “balls to the wall” with any kind of shopping. Like I said, I’ve learned contentment, so I’m set. I’ll loosen up my purse strings a little to give myself the freedom to grab lunch with no regrets. But other than that, I think I’m gonna continue on. Let’s see where this goes, right? I’m here for you. Let’s kick debt’s ass! :)
To see all of Sarah’s Spending Fast journey posts click on her name at the top of the post, and to follow all of the Spending Fasters click here.