Completely agree. It's amazing what we don't need and I'll expect you find your confidence in 12 months is through the roof. The shackles you thought were binding you are were actually made of sand.
So all the very best, and remember this will be an awesome war story for you to tell in the future.
PS. Not having any money at least once in your life is something everyone should go through. You'll be surprised at how well you eat and live when you thought you'd be homeless. You'll also realize how much bullshit you have in your house or services you pay for that you really don't need. Good luck - you won't need it.