No-Spending Year

Imagine going for a year without spending money on anything you would consider optional. What would happen? Michelle McGagh writing at The Guardian tried this and reports that life got simpler — after she adapted — and that she paid down her mortgage loan by 10 percent.

My year of no spending is over – here's how I got through it

Michelle’s experience fits with many other stories that say that lifestyle change is partly a process of learning. The new life skills, once learned, remain valuable after the challenge is over.