A spending fast, a term coined by Anna of And Then We Saved, is an extreme way of paying off debt, with guaranteed results. You can do your spending fast for whatever length of time you want, but the suggested length is a year.
A spending fast cuts out any spending on leisure activities and wants. The idea is to cut these areas of your life solely to save money, only spending on necessary expenses such as utilities, doctor co-pays, gas, medicine, etc.
Try it for a year and see how much you save (Anna paid off nearly $24K in debt in just 15 months).
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