New techniques to avoid overspending
What started several years ago as a blogged-about experiment in budgeting and mindful spending has become a popular trend on social media.
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What started several years ago as a blogged-about experiment in budgeting and mindful spending has become a popular trend on social media.
Many people start no-buy challenges at the beginning of the year and commit to keep going until the end of it. But making a list of the non-essential items you
Many are using the challenge to dig out of debt, while others seek to shore up their financial future.
People who start no-buy challenges at the beginning of the year can struggle to keep it going
The self-imposed rules of a no-buy challenge are simple: participants pledge to stop buying non-essential items, be they unneeded shoes, additional beauty products or other impulse buys for a set amount of time, usually 12 months. What started several years ago as a blogged-about experiment in budgeting and mindful spending has become a popular trend on social media. A Reddit group where people share their experiences has 51,000 members. On TikTok, some users post videos to hold themselves accountable that get hundreds of thousands of views. Not everyone electing to join the no-buy trend has d...