This year, I’m embarking on a different kind of financial adventure – a commitment to a low-buy/no-buy year for clothing. The decision stems from a realization that I already possess more than enough and a desire to shift my focus towards sustainability, travel, and investments. Let me share how I’m approaching it.
What’s Low-Buy All About?
At its core, going low-buy means setting limits on non-essential shopping, such as clothing. It’s a conscious effort to be mindful of our purchases, prioritizing what we already have, and making choices that align with our values, saving both money and the planet.
My Low-Buy Strategy:
- Inventory Check: I kicked off my journey with a closet inventory, discovering the potential of my existing wardrobe. It’s about maximizing what I own and planning ahead for any necessary additions I may need.
- Unsubscribing from Promotions: To avoid unnecessary temptations, I bid farewell to promotional emails from various stores. Cutting down on the allure of sales has been a game-changer. And honestly, you don’t realize how many stores you’re subscribed to, until you attempt to unsubscribe.
- The 48-Hour Rule: Implementing a waiting period of 48 hours before making a purchase has proven effective. Often, the initial desire fades, revealing that the item wasn’t a genuine necessity.
- Defining My ‘Why’: Having a clear ‘why’ is crucial. My low-buy journey is fueled by a desire for sustainability, redirecting funds towards travel and investments, and acknowledging that I HAVE ENOUGH CLOTHES!
- Accountability Partners: Sharing my goals with others, including you, serves as a powerful motivator. The external accountability ensures I stay true to my intentions.
- Be Realistic: Instead of an outright no-spend rule, I’ve set a modest budget of $600 for the year ($50 per month). So far, I’ve stayed within this limit, as it’s February and I’ve spent zero dollars on clothes.
Thinking of Joining Me?
Consider these questions:
- What items in your closet get the most wear?
- Can you create new outfits with your existing wardrobe?
- What motivates your decision to embrace a low-buy/no-buy lifestyle?
This intentional approach isn’t limited to clothing – it can extend to various aspects of life. Whether it’s Uber Eats, home decor, or tech gadgets, align your choices with your values.
If you’re contemplating your own low-buy/no-buy journey or have questions, comment below! I’m eager to hear your thoughts.
P.S. It’s not about restriction; it’s about intention. Let’s make 2024 our most intentional year yet!
P.P.S. I’m still going to be sharing Nigerian clothing brands that I think you should check out!
Back to blog
read comments
Leave a comment