If you do a You Tube search for “No Buy 2020”, a very large number of videos pop up. You-Tubers have hopped on the “No Buy” bandwagon and are all expressing their desire to not spend for 2020. Why?
I believe it’s because many of them were becoming or were addicted to shopping. Beauty products, planner supplies (guilty as charged), traveling, clothes, designer purses, subscription boxes/services — you name it. Internet marketing, either through ads that flood your emails, or ‘hidden’ selling on sites online, can be very intoxicating and trigger the impulse to spend. Things that you had no idea you needed you now suddenly have to have. To be honest, I’ve been caught numerous times buying things not because I needed them, but because of FOMO (fear of missing out); including cruise travel. (expensive shopping for sure!) When others are ‘selling’ it, the urge to splurge is real.
But I’m fighting back, as are many others. I have unsubscribed to all cruise videos (sorry Sheri!), haul videos, people who do sponsorships nonstop videos, instagram feeds, email subscriptions, etc. I just don’t need or desire the content, at least for now. (I’m sure I will be watching cruise videos in the future — but only when I’m researching a trip that I already know I want to go on. 😉 )
And you know what? It’s been WONDERFUL. I’ve started reading more blogs, books, and engaging with my friends. I’m exercising more by taking long walks outside. I eat out less and make more delicious meals at home. I’m saving money on food and gas, because I don’t have any need to shop.
I know it’s only been the first couple of weeks for this challenge and I have a long way to go, but I have a good feeling about it. Knowing exactly why I’m doing this is helping me not to spend money. And honestly, I am positively giddy when I can send more than 40% of my husband’s take home pay to savings, which is more exciting than the latest planner, purse or cruise ship. I would never have believed that even possible.
So, yeah, I get this new trend. I hope to see more people jumping on. I just wish I had started earlier.
ANY ONE ELSE DOING A NO/LOW BUY YEAR? Please share!