Post # 31
I am in the middle of a no-buy year as well! It is really good to hear from someone else who is doing it.
My goal in doing it was less to save money – we’re generally pretty thrifty on common big-ticket items. For example, I share an ancient car with my husband, cycle to work, no TV, only buy cheap computers/phones, thrifted furniture. Absolutely no shade on that being your goal, though – it’s amazing that you’re saving so much and a real achievement! You should check out brownkids on Insta – they have an amazing account about minimalist lifestyle, saving, and getting out of debt, and they were really inspirational for me.
The idea was to get out of a consumerist mindset. I hate a cluttered house, and kept thinking that if I stopped buying junk, I would not have to keep giving it to the charity shop. Also, I’m fed up with fast fashion and the unsustainable lifestyle that we’re forced into by our consumerist culture.
I did no new clothes, makeup, skincare. However, I allowed replacements and a small number of new items so I didn’t get too sad. With these new items, I’m trying to look for ethical retailers and do good research on the products I buy. The goal was in general to be more conscious about what I buy, and get things that are high quality and I really love and will create joy/confidence in my life for years to come. There’s so much stuff we buy because of a momentary impulse!
The real challenge has been to get my mother to stop buying me a bunch of junk I don’t need. I live in a different country from her, and she likes to show her love by buying me stuff and making sure that I’m well provided for. I have had to have words with her because she just won’t stop sometimes!!! Oh man, you wouldn’t believe how awful some of the stuff has been recently… she bought me two pairs of bootcut trousers recently! 2006 called and wants those babies back…
Post # 32
Okay, honestly you have inspired me to do this.
I’m not terrible about my spending, but I do go in waves of spending a lot in a short amount of time and that inconsistency really does influence my money. I absolutely agree with you that this is a mental thing and I just cave and think that I can’t do it, but I probably could.
Question for you though – do you still spend money on things like medical bills, car insurance, etc? Those things that are still necessary to pay? Reason I ask is because I’d like to start clean by doing this August 1<sup>st</sup> but I have a medical bill due AND car insurance, LOL.
Gah, I can only imagine how much I could pay off my credit card by going no-spend. This is wonderful, not only can I pay off my credit card and put more towards my student loans, I think this is great for me to put money aside for Christmas as well.
Post # 33
Congrats! Sounds awesome. I think we should all get over the consumerist mindset. It’s so important for the environment.
I think everyone can do this, by the way. It doesn’t have to be as rigid as zero spend, or zero luxuries. It could be an emphasis on spending on experiences rather than material things. Or it could be spending on fewer, higher quality, longer lasting items. It’s greener and more memorable to do things that way.
Post # 34
Impressive! I might try this out. We live somewhat frugal and are using all extra money for extra mortgage payments. We want to pay off the mortgage in a few years so something like this would boost our success. Thanks for the idea and update.
Post # 35
sparklyglitterbee : I’m happy it is going so well for you! I hopped aboard the minimalism train about 3 years ago, and I definitely won’t be going back! For me, it began with wanting to get rid of clutter. I knew I had way more than I needed and I liked the idea of being able to live in a small space without excess junk. Over the course of a couple months, I’d emptied out pretty much everything I didn’t need and love. Cabinets that used to be crammed full were literally empty. I donated and threw away more stuff than I can believe squeezed into that tiny apartment.
I never wanted to accumulate junk again, so it was natural for me to stop buying. Now, I’m in a point where I can go to a store and appreciate the cute things without bringing them home. I simply don’t want to start filling up all the cabinets again! I’ve saved a ton of money, and I’m way more happy with my living space. It’s a win-win!
Post # 36
rez123 : thank you! Yes, my wonderful boyfriend is joining me, as we share the same goals. He just recently started after he got into financial issues that resulted in going into 4k in debt (on top of 7k I gave him) . We added up his expenses and made a budget because he didn’t know where all of the money was going, as he really didn’t have anything to show for it. That hit him like a ton of bricks and he got really motivated to get his finances in order. By next month he will be debt free and able to put the remaining 1500 towards savings and go from there (we started this in April, I wish we would’ve done it sooner!)
As for food/entertainment ect. it‘s really boring (to most people) but we don’t do anything/nothing fancy. We both work a lot and are happiest when we get to wind down at home, because we don’t get to do that often. I‘m very grateful to have him as I‘m sure not a lot of people would put up with what I‘m putting him through 😂
Do you think your partner would participate?
Definitely give it a try if you want to, I‘m sure you‘ll do a wonderful job!
Post # 37
Well done! I am in agreement with the PP’s about clutter. I find myself weighed down by “stuff”. We have been working on our goal to gradually leave sentiment behind and just give things away or donate to charity. Less to clean/ dust and less to worry about. We overall want a simplier life. I am going to follow your example and make the effort to only purchase items that are needed, not just wanted. Thanks for the inspo.
Post # 38
join this group in your area or start one. it’s awesome!
Post # 39
berrry : wow that‘s amazing! I love you focus on thriftiness and changing the consumerist mindset. It started as mainly a savings goal for me but it completely changed my mindset, I wasn‘t a frivolous consumer to begin with but a few things that were just „eh“ creeped their way into my life anyway. When I‘m done with my no buy I‘ll exclusively get things that i absolutely love and are of high quality, like you. Great job, thank you for your comment! Also, the mom struggle.. I feel you
Post # 40
kmbumbee190618 : I‘m 100% sure that you can absolutely do this, no doubt about it! I think what would really motivate you is to think about what you could do if you were debt free and had no student loan, or car or credit card payment, the possibilities are endless! Check out Dave Ramsey/Chris Hogan for starters.
I don’t have a car myself, my mom graciously lets me use hers/we share it, I repay her for it and pay for some gas, I don’t NEED a car myself atm so it‘s a win win. As for insurance, yes absolutely, I have a great insurance plan that I couldn’t get again if I cancelled it, it‘s about €80 a month. We have universal health coverage in Austria, but private insurance is way way better. For example: I paid €460 for my prescription glasses, got €60 back from universal, and €440!!!! From my private insurance. So yes, definitely still buy insurance, it‘s a necessity.
You can definitely do this!
Post # 41
techmom : thank you, yes absolutely anyone can do this. I think we‘ve been programmed to consume way more than necessary. It doesn’t have to be strict zero spending zero fun, just being more mindful would be wonderful. Also, great point with owning fewer but high quality things, couldn’t agree more!
lovelyruby : that is wonderful! It‘s so freeing not drowning in stuff you don’t need, isn’t it. Great job!
Post # 42
konablend : thank you, what you’re doing is an amazing idea, it’ll cut so much time off your mortgage and you’ll be so happy you did that! Great job and good luck if you decide to go on a no buy 🙂
desiderata : thank you, decluttering sounds like a great idea, you‘ll be so happy when you‘re done! Check out „Hoarders: Buried alive“ for some kick ass motivation.
ajillity81 : that‘s an amazing project, thank you!
Post # 43
sparklyglitterbee : I’ve been following Dave Ramsey stuff for a while and have slowly transitioned into some of the debt snowball ideas and its been working great so far. I assumed some of the non-negotiable things like insurance, gas, and other things you absolutely do need would be considered exceptions to the no-spend rule.
Thankfully my health insurance it paid out through my employer, so I technically don’t “buy” that out of pocket.
Definitely thinking of starting this come August and see how much I can pay off and save!
Post # 44
You’ve inspired me, bee!
Your new habits sound great. They’ll serve you well no matter how much or little you make. Did you and your partner look into making more money, or has this year been all about saving the money you already make?
I’ve got some big financial goals for next year, so this is top of mind for me. Basically, my plan is to go low-to-no-buy, and increase my income to fund travel and other experiences.
Post # 45
Awesome job bee!!! No spend years are hard!! I’ve had 3+ no spend years (continuing still) in a row which initially was tough but now it’s a way of life and I enjoy it. We first did so so that we would have enough money for a down payment on a home but from there we just kept going with it. We have all used furniture bought online. Our favorite place to shop is a yard sale. We mostly spend money on excellent quality food since its healthier and avoids trips to the dr which are more costly than the food. We NEVER eat out it’s been years, like it that way. We DIY almost everything if we can. We use and repurpose items at home, ie. mayo jars whatever, vinegar to kill weeds, cinnamon for potpourri, whatever. Regular housewares like sponges are bought at the dollar store. We coupon almost everything. Ever since not having money we both realized these things are just materials, items, I’d rather have a fat savings account than nice ‘stuff’. Clothes are rarely bought we just use what we have until it starts falling apart lol!