This year you should make a ‘No Buy’ list for your 2023 goal to help you save money and save the environment.
Stop Buying Unnecessary Things in 2023
The majority of people’s savings from the past years are decreasing. At the same time, spending is on the pitch as inflation continues to climb down from its height in June of this year. Moreover, you should also take the time to rediscover and put to good use all the things you already hold. A good no-buy list is not only good for your finances, but it can also be a boon to your space!
Things To Include In Your ‘No Buy’ List
Here is the no-buy list for 2023 that typically clutter-prone categories to consider.
Everyday Plastics
Plastics are eating away the planet and can cause pollution, plus they’re unnecessary and a waste of money. Rather than using single-use plastic water bottles, sandwich baggies, and straws, look for non-disposable products you can wash and reuse.
Paper and Printer Ink
We are living in a digital world, meaning there’s less and less reliance on paper copies. Multiple files can be mailed, downloaded, and saved to your computer. Purchasing less paper and ink can help save the environment and your wallet, too.
App Subscriptions
From dating apps to streaming services to meal kits and subscription boxes, can cost you a lot of money. Americans spend an average of $133 per month for more than they even realize Moreover, the apps charge fees for premium services like subscription cancellation can also be tricky sometimes so it is better to avoid it and can help save a lot of money.
Daily Coffee Drinks
Skipping your daily Starbucks or Dunkin’ can save you six figures by pocketing the $3.50 for coffee each day and investing it instead in a low-cost, diversified Roth IRA, you’d have an estimated $106,000 after 30 years.
Brand-New Clothing
The fast fashion industry has been persuading you to buy new clothes, shoes, and accessories. They’ve even made everything thinner and cheaper. instead, you can pull out last year’s coat, dust off those shoes that you only wore twice, and just say “no” to buying more clothing that probably isn’t even that different from what’s already in your closet.
Multivitamins
Multivitamins may be a waste of money. Americans spend more than $50 billion on supplements, but there’s insufficient evidence that supplements can help prevent cardiovascular disease and cancer in otherwise healthy, non-pregnant adults, according to Northwestern University. Supplements occasionally can potentially increase health risks. Experts say it’s better to eat nutrient-rich foods and exercise more.
READ ALSO:
A 12.5% Boost In SNAP Benefits This 2023 – Here Are The Things That You Should Know
Here Are Steps To Save Money In Building A 6-Month Emergency Fund