Yusra3
Banned
A no-buy or low-buy year is a great way to save money and reset your spending habits. But it can be tough to stick to, especially if you're used to splurging on things you want.
To make sure you stick to your no-buy or low-buy year goals, it's important to define your why, set rules and get support. You should also prepare for temptation by unsubscribing from temptation, keeping your hands busy and out of sight.
With a little planning and preparation, you can successfully do a no-buy or low-buy year!
Define Your Why
When you're trying to save money, it's important to have a clear goal in mind. Do you want to save up for a down payment on a house? Are you trying to beef up your emergency fund? Or are you just looking to free up some extra cash each month?
Whatever your goal may be, write it down and keep it somewhere visible. This will help you stay motivated when things get tough.
Consider Your Spending Triggers
We all have our spending triggers those times when we're more likely to splurge on unnecessary purchases. For some of us, it's when we're bored or feeling down. For others, it's when we see something we can't afford but really want.
Identifying your spending triggers is the first step to avoiding them. Once you know what sets you off, you can come up with strategies for resist temptation. For example, if you tend to spend when you're bored, find some other activity to do instead (like reading or going for a walk). If you spend when you see something you can't afford, remind yourself that there are other things in life that are more important than material possessions.
Prepare For Temptation
The first step to preparing for temptation is to unsubscribe from any email lists or social media accounts that promote products or sales that you might be tempted to buy. If you know you have a weakness for shoes, for example, unsubscribe from all the retailers that send you coupons and notifications about new arrivals and sales. If you can't resist browsing Amazon, delete the app from your phone. Basically, make it as difficult as possible for yourself to be tempted by things that you don't need.
Out Of Sight, Out Of Mind
Another way to prepare for temptation is to simply remove anything that might tempt you from your environment. If you have a lot of clothes in your closet that you never wear but are always tempted to buy more of, get rid of them! Donate them to charity or sell them online. If there's a certain type of food that you always overindulge in, don't keep it in the house. It's much easier to resist temptation if it's not right in front of you.
A final way to prepare for temptation is to find something else to do with your time and money. If you're used to spending hours browsing online shopping sites, find a new hobby or activity to occupy your time instead. If you're used to spending a lot of money on weekends going out eating out, find some free or cheap activities that you enjoy doing instead. The key is to find something else that can give you the same satisfaction as buying things that you don't need.
To make sure you stick to your no-buy or low-buy year goals, it's important to define your why, set rules and get support. You should also prepare for temptation by unsubscribing from temptation, keeping your hands busy and out of sight.
With a little planning and preparation, you can successfully do a no-buy or low-buy year!
Define Your Why
When you're trying to save money, it's important to have a clear goal in mind. Do you want to save up for a down payment on a house? Are you trying to beef up your emergency fund? Or are you just looking to free up some extra cash each month?
Whatever your goal may be, write it down and keep it somewhere visible. This will help you stay motivated when things get tough.
Consider Your Spending Triggers
We all have our spending triggers those times when we're more likely to splurge on unnecessary purchases. For some of us, it's when we're bored or feeling down. For others, it's when we see something we can't afford but really want.
Identifying your spending triggers is the first step to avoiding them. Once you know what sets you off, you can come up with strategies for resist temptation. For example, if you tend to spend when you're bored, find some other activity to do instead (like reading or going for a walk). If you spend when you see something you can't afford, remind yourself that there are other things in life that are more important than material possessions.
Prepare For Temptation
The first step to preparing for temptation is to unsubscribe from any email lists or social media accounts that promote products or sales that you might be tempted to buy. If you know you have a weakness for shoes, for example, unsubscribe from all the retailers that send you coupons and notifications about new arrivals and sales. If you can't resist browsing Amazon, delete the app from your phone. Basically, make it as difficult as possible for yourself to be tempted by things that you don't need.
Out Of Sight, Out Of Mind
Another way to prepare for temptation is to simply remove anything that might tempt you from your environment. If you have a lot of clothes in your closet that you never wear but are always tempted to buy more of, get rid of them! Donate them to charity or sell them online. If there's a certain type of food that you always overindulge in, don't keep it in the house. It's much easier to resist temptation if it's not right in front of you.
A final way to prepare for temptation is to find something else to do with your time and money. If you're used to spending hours browsing online shopping sites, find a new hobby or activity to occupy your time instead. If you're used to spending a lot of money on weekends going out eating out, find some free or cheap activities that you enjoy doing instead. The key is to find something else that can give you the same satisfaction as buying things that you don't need.
