Have You Tried The ‘No-Buy Challenge?’

KQED's Forum

KQED

Politics, News, News Commentary

4.6 • 656 Ratings

🗓️ 19 September 2024

⏱️ 57 minutes

🔗️ Recording | iTunes | RSS

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Summary

More Americans in 2024 are taking on a ‘no-buy challenge,’ according to the Associated Press. They’re pledging for at least a year to purchase only essential items to curb impulse spending, reduce credit card debt or become more environmentally conscious. We hear from someone who’s taken on the challenge and the impact it’s had on her, and we explore why we’re tempted to overspend in the first place. Have you attempted a ‘no buy challenge?’ Guests: Adriana Morga, reporter covering financial literacy and personal finance, Associated Press Aparna Labroo, professor of marketing and consumer psychologist, Kellogg School of Management, Northwestern University; co-editor of the Journal of Consumer Psychology Elysia Berman, creative director and content creator, @elysiaberman on TikTok Learn more about your ad choices. Visit megaphone.fm/adchoices

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1:12.4	From KQED. From KQED in San Francisco, this is Forum.
1:31.3	I'm Nina Kim.
1:32.5	More people are joining the No Buy challenge, says the Associated Press, pledging to not
1:37.2	buy anything for a month or even a year.
1:40.1	CNN reports online searches for under-consumption core or using just a small rotation of items for years grew by more than 4,000% in the last year.
1:50.7	Are you also feeling a need to rein in your consumption habits?
1:54.8	Either out of financial necessity or a sense they've gotten a little out of control.
1:59.5	Maybe the health of the planet is on your mind.
2:02.0	This hour, we get tips on how to start your own No Buy Challenge or spend more mindfully.
2:07.9	Join us.
	...

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