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Judith Levine, author of Not Buying It, and her partner, Paul, stopped shopping for an entire year in order to pay down their debt. "Seeing that credit card balance staying more or less the same every single month just drains you," Judith says. "I thought, 'For one year, I'm going to buy nothing but the barest necessities, and see what happens.'"

Judith and Paul cut themselves off—no eating out, no going to the movies, no buying books, CDs, clothes, lattes—nothing! By the end of the year, Judith was stunned to discover how much money she had saved—$13,000!

It wasn't just Judith's bank account that benefited from her new lifestyle. She rediscovered life's simple pleasures—long walks, library books and dining at home. Plus, she and Paul didn't have a single argument over money for the entire year. "I realized how much fun we could have and what a satisfying life I could have on a lot less," she says.
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FROM: The Debt Diet: Part 5
Published on January 01, 2006
Please note: This is general information and is not intended to be legal advice. You should consult with your own financial advisor before making any major financial decisions, including investments or changes to your portfolio, and a qualified legal professional before executing any legal documents or taking any legal action. Harpo Productions, Inc., OWN: Oprah Winfrey Network, Discovery Communications LLC and their affiliated companies and entities are not responsible for any losses, damages or claims that may result from your financial or legal decisions.

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