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

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🗓️ 25 September 2025

⏱️ 10 minutes

🔗️ Recording | iTunes | RSS

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Summary

Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com. 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)." Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Why are businesses like HelloVet choosing Apple products and services?
0:04.8	So we started the business two years ago.
0:07.2	We had a few people who were used to PCs and this was their first foray into Macs.
0:12.5	But it's been super smooth getting everyone onto those devices and everyone seems really, really happy.
0:18.0	Find out how Mac can help you run and grow your business at Apple.com forward slash
0:23.6	HelloVet.
0:26.0	Hi, this is Ava from Vanta.
0:28.9	In today's digital world, compliance regulations are changing constantly.
0:33.4	An earning customer trust has never mattered more.
0:36.2	Vanta helps companies get compliant fast and stay secure,
0:39.7	with the most advanced AI automation and continuous monitoring out there.
0:43.7	So whether you're a startup going for your first SOC 2 or ISO-27,01,
0:47.8	or a growing enterprise managing vendor risk,
0:50.4	Banta makes it quick, easy and scalable.
0:52.7	And I'm not to say that because I work here.
0:54.6	Get started today at banta.com.
0:57.6	This is Optimal Finance Daily.
0:59.9	Five lessons from our Buy Nothing New Challenge.
1:03.1	By Jamie of keepthrifty.com.
1:06.6	Back in 2017, we took on the challenge to buy nothing new for a full calendar year.
1:12.7	We wanted to break away from the consumerism that surrounds us on a daily basis.
1:17.4	Our hope was that if we could get through an entire year of buying nothing new,
	...

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