Skip to main content

Why You Should Celebrate National Buy Nothing Day Instead of Black Friday

You’ve probably already noticed it in recent years – the tide is turning against Black Friday. Public perception of the shopping-focused holiday has soured, largely due to a growing distaste for consumerism and concerns about the welfare of retail workers.

If you’re on the fence about Black Friday, you might be interested in National Buy Nothing Day. We’ll explain how it works, and offer some ideas on how to celebrate.

What is Buy Nothing Day?

A few years ago, when Black Friday started expanding to Thanksgiving Day and beyond, some retailers and consumers started protesting the changes. That’s when Buy Nothing Day started to gain wider recognition. Originally started in 1992, Buy Nothing Day is exactly what it sounds like: a holiday that is celebrated by not spending money, both in physical and online stores.

Consumers have different reasons for celebrating Buy Nothing Day, including environmental and ethical concerns. Others may also use Buy Nothing Day as a way to avoid the emotional pull of shopping on Black Friday.

How to Celebrate Buy Nothing Day

Here are some ideas on how to integrate Buy Nothing Day into your life this year:

Cancel Subscriptions

The average person spends $273 a month on subscription services. If you subscribe to various streaming and physical services, consider how many of those you actually use regularly.

Go through your bank account and credit card statements to identify the recurring subscriptions. Then, separate each subscription into three categories: regularly use, sometimes use and rarely use. Be honest about your consumption and enjoyment of these services. If you can’t remember the last time you watched a movie on Hulu, consider canceling it.

Pro-tip: Mint app will automatically detect subscriptions to help you detect the ones you have and remind you about subscriptions you may have forgotten about.

After cancelling the subscriptions you rarely or never use, look at the subscriptions you sometimes use. Can you reduce those services or find a way to consolidate or spend less on them? Many subscriptions let you pause for a month or two. Try doing that to test how much you actually miss the service.

Once you cancel or reduce your subscriptions, decide what to do with the extra money. Some ideas include saving for a down payment, investing for retirement or paying down debt. Set up automatic transfers or payments with the exact amount you’ve cut from your budget. This allows you to funnel the money saved into your highest financial priorities.

Declutter Your House

If you’re like most people, you probably have too much stuff in your house. Use Buy Nothing Day as an opportunity to Marie Kondo your space – it might even lead to unexpected benefits for your mental and physical health.

After decluttering, you can donate the items to a charity, put them on the curb with a “free” sign or sell them. Sites like Poshmark, eBay, Craigslist and ThredUp are popular places to list your items, allowing you to earn some extra cash from your clutter.

Get Outside

Another great option on National Buy Nothing Day is to get out and literally do anything else. That hike you’ve been talking about going on? Get out there! The dog park you keep saying you’re going to take your pup to? Grab the ball and let’s go! Or even a chill day at home relaxing. Namaste in. Whatever you decide to do we hope you find joy in celebrating National Buy Nothing Day.


This post on TessMore Finance: WhyYou Should Celebrate National Buy Nothing Day Instead of Black Friday was first published on MintLife Blog.

MintLife Blog https://ift.tt/3nKsakK
Labels:

Comments

Post a Comment

We will appreciate it, if you leave a comment.

Popular posts from this blog

How To Get Paid To Go to College: 12 Tactics to Consider

College is an exciting time for students to live on their own, make new memories, and create lasting friendships. What’s not exciting is the debt you might inherit once you graduate. In the last decade, student loan debt increased by nearly 70 percent , with over 43 million students facing outstanding student loan debt.  What if there was a way you could get paid to go to college and avoid taking out any student loans ? Sounds too good to be true, right? Well, we have twelve tactics for you to consider that just might help you go to college for free. Keep reading for our favorite tips or jump to a specific tactic below to learn more!  Submit a FAFSA Apply for Grants Research Various Scholarships Consider Community College Attend Tuition-Free College Check if You Qualify for Tax Breaks Become an RA Join the Military Get a Work-Study Job Seek Off-Campus Employment Serve in the AmeriCorps Ask If Your Employer Has Tuition Reimbursement 1. Submit a FAFSA Applying for fina
Post a Comment
Read more

Everyday Items That You Can Recycle for Money

Why toss things in the trash when you can recycle them — and make a little money in return? By diverting certain items from the waste stream and keeping them out of landfills, you can also make extra money or help out worthy causes. From scrap metal to ink cartridges, bottle caps to construction materials, you can recycle a huge variety of items in exchange for cash. We’ve also included information on how to recycle items for the sake of good will. Ready to see all the different things you can recycle for money? How to Recycle Household Items for Cash First, you’ll need to find a recycling center or collection point that is looking for what you want to get rid of. While the goal is to make money, you might settle for a donation — which could be tax deductible — if it means clearing out the garage. The collection center will also let you know how to prepare items to their specifications. Find a Collection Point To find a recycling center near you, head to Earth911.com and plug in
Post a Comment
Read more

Fizz Debit Card Review: A Credit Builder for College Students

If you’ve struggled with poor credit or are completely new to credit, you know how hard it can be to build a strong credit score. The lenders who offer the best credit products and the lowest interest rates seem only to want to deal with clients with excellent credit. But how do you build credit without debt ? To help, an increasing number of fintech companies are developing credit-builder loans and other products to help people establish or rebuild their credit. Some are more successful at it than others. In this Fizz review, I’ll explain how one company aims to help college students build credit and create healthy financial habits. But how does Fizz work, and is it safe to use? I’ll answer those questions and more in this Fizz review. Table of Contents What Is Fizz? How Does Fizz Work? How Does Fizz Make Money? Key Features of Fizz Build Credit Control Spending Earn Rewards Learn About Money Pros and Cons of Fizz Fizz Alternatives Extra Debit Card Sesame Cash
Post a Comment
Read more