Underconsumption core: How to stop spending money
“Spend money on one or two good things a season rather than buying 10 or 20 things you'll only wear a few times, let's face it,” said Barber. “I keep track of my purchases on a spreadsheet. I don't buy on impulse. If I really want something, I sleep on it. And I don't subscribe to a bunch of [retailer emails] in the temptation to buy things.” Basically, you can create an email account just for these types of emails, so you only check it when you need something.
Barber's top tips for distinguishing quality: Always check the clothing tag and avoid synthetic fibers (such as nylon or polyester), which are common in fast fashion. For example, “If the sweater isn't wool or cotton, I usually don't buy it,” he said. If it's made of composite material, make sure it's not more than 30% synthetic, “It won't look the same after you clean it.”
2. Shop local, support small businesses
This practice not only helps grow your local economy, but also reduces the environmental impact of transportation and production. When you shop locally, you're supporting businesses that are likely to have high ethical standards and sustainable practices. “This is important because local businesses make your neighborhood better, create jobs, and strengthen your community,” said Barber.
3. Buy second hand
Buying used items can be a fun and rewarding experience. Check thrift stores, thrift stores, and online marketplaces for unique and affordable finds—you'll be surprised what gems you can find, and often, most items are brand new.
“I buy 70% of my closet second-hand, most pieces are under $50, which means if I want a big-ticket item, I'm not that bad. I can spend a few hundred on one or two items a year because I never spend more than $30 on a pair of jeans, which I only buy secondhand. It's better for the planet and your wallet and you end up with better things,” says Barber.
4. Detox your digital feed
Limit your social media scrolling to excessive marketing and consumer culture by choosing the accounts you follow. Unfollow those social accounts that are constantly promoting the latest trends and big product releases. Focus on content that inspires you and aligns with your new spending values, such as the theme of spending less and spending more consciously.
5. Be an informed shopper
Take the time to research the environmental and social impacts of the products you buy. Look for brands that prioritize sustainability, ethical labor practices and fair trade. By making informed decisions, you can vote with your dollars and support companies that make a positive difference.
6. Gamify spending wisely
Another trend for TikTok to make better spending habits is to make a game. It's the idea of applying a game-like approach to non-game content like better habits and personal finance. It involves adding elements of fun, competition, and rewards to encourage better habits, such as spending less and saving money.
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