Optimal Finance Daily - Financial Independence and Money Advice

3295: 5 Lessons From Our Buy Nothing New Challenge by Jaime of Keep Thrifty on How to Design Your Lifestyle

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Episode 3295:

Jaime reflects on a year-long experiment of buying nothing new and the unexpected lessons it revealed about habits, discipline, and intentional spending. While the challenge wasn’t perfect, it led to a 40% reduction in new purchases and highlighted the value of patience, creativity, and starting small when making lifestyle changes.

Read along with the original article(s) here: https://www.keepthrifty.com/buy-nothing-new-challenge/

Quotes to ponder:

"Our buy nothing new challenge is supposed to help us be more intentional with our spending. I want you to know that I very intentionally bought this dress!"

"Buying stuff in the second half of the year felt like binging on food after a miserable diet."

"When taking on a new challenge, start small (a full year is a long time, a three month challenge would have been a better first step)."
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