HOW TO STOP SHOPPING: My Experience and Tips for a SUCCESSFUL NO SPEND YEAR • Millennial Money Honey

Hey friends! In anticipation of the new year and goal setting for 2021, I wanted to share with you my tips and tricks that helped me have a successful no buy year. Ultimately, not spending on stuff I didn't NEED propelled me into learning about personal finance because it saved me SO much money.

As a reformed shopaholic, it was very hard to not be tempted to buy things, especially because I felt clothes were a part of my identity. But with these tips I was able to make it a whole year without buying ANYTHING materialistic.

Have you been inspired to do a no-buy or a low-buy year? How do/did you stay on track? Let me know in the comments!

CHAPTERS
0:00 Intro
0:27 A sustainable new year: Quarterly new year resolutions
1:01 My 5 no spend rules
2:41 The first month: a reformed shopaholic experiencing withdrawals
5:41 Transitioning from 3 months to 1 year
8:28 How to keep your closet feeling fresh
10:34 My style aesthetic evolution
11:37 Two years later recap

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📚 Fave FIRE Resources
• Mr. Money Mustache Blog: https://www.mrmoneymustache.com/
• Mad FIentist Podcast: https://www.madfientist.com/podcast/
• Our Rich Journey's Youtube: https://tinyurl.com/y9d2gyuq
• Rich Dad Poor Dad: https://amzn.to/2BcVsmL
• I Will Teach You To Be Rich: https://amzn.to/2Lc0thn
• The Simple Path To Wealth: https://amzn.to/2UnBpqK
• Quit Like A Millionaire: https://amzn.to/2HCnDeJ

ABOUT
Millennial Money Honey is my way to share my FIRE adventure with you. My goal is to achieve financial independence and retire early by 35 with $1.5 million dollars. By talking candidly about my own finances, I want to help you become more financially literate, grow rich, and achieve financial freedom (and retire early or become work optional). I hope to inspire you to take charge of your personal finances, whether you're figuring out how to get out of debt, learning how to budget and invest, starting your own side hustle, or on your way to becoming a millionaire. Let's be financial BFFs and talk money honey! xo

FAQ
What’s your name? Catie
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How old are you? 29
How tall are you? 5'0"
What do you do? I'm a visual designer at a big tech company

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⚠️ INVESTMENT DISCLAIMER⚠️
I am not a financial advisor. My videos are for educational purposes and are my personal opinions only. To make the best financial decision for your situation, please do your own research and if needed, seek the advice of a licensed financial advisor. All investments involve some risk. There's no guarantee that you will be successful in making, saving, or investing money or that you won't experience losses when investing.

#FinancialFreedom #HowToRetireEarly #FinancialIndependenceRetireEarly #FIRE #nobuy #lowbuy #nospend #lowspend #minimalism #stopshopping

Видео HOW TO STOP SHOPPING: My Experience and Tips for a SUCCESSFUL NO SPEND YEAR • Millennial Money Honey канала Catie