New 'all-cash diet' trend also helps you pay off your debts!

A new diet that requires setting aside credit cards and only relying on old-fashioned cash to cover day-to-day expenses is helping people pay off their debts.

This diet relies on limiting spending to just what's in one's wallet, News.com.au reported.

People who have switched to an all-cash lifestyle said that forcing themselves to live only on what's in their wallets ups their ability to pay down debt - and live within their means.