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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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More people make no-buy year pledges as overspending or climate worries catch up with them – Butler Eagle

More people make no-buy year pledges as overspending or climate worries catch up with them – Butler Eagle
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More people make no-buy year pledges as overspending or climate worries catch up with them

Many are using the challenge to dig out of debt, while others seek to shore up their financial future.

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More people are embracing viral no-buy challenges to combat overconsumption

More people are embracing viral no-buy challenges to combat overconsumption
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More people make no-buy year pledges as overspending or climate worries catch up with them – Lowell Sun

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 debt. Some participants say they want to do their part to reduce waste and protect the environment.

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