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WSJ Your Money Briefing

Some Americans Are Vowing to Buy Less or Even Nothing This Year

WSJ Your Money Briefing

The Wall Street Journal

News, Business News

3.81.6K Ratings

🗓️ 31 January 2025

⏱️ 8 minutes

🧾️ Download transcript

Summary

Exhausted by higher prices, mounting debt, and the recent holiday season, some people are pledging to buy nothing – or as little new stuff as possible. Wall Street Journal reporter Ann-Marie Alcántara joins host Ariana Aspuru to discuss how the “no buy 2025” social media trend can help rein in spending.  Sign up for the WSJ's free Markets A.M. newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

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0:12.5

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0:22.0

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0:24.5

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0:32.9

Here's your money briefing for Friday, January 31st.

0:36.3

I'm Adriana Aspuru for the Wall Street Journal.

0:42.2

To save money, some people are ditching their shopping carts and pledging to buy less or even

0:48.2

nothing this year.

0:49.8

So many people feel compelled to buy or keep up with certain trends and things they need to have in

0:55.5

their cars or lives and trying to do a no buy or even considering a buy less year, people

1:02.3

start to realize I have everything I need for the most part and can focus on saving or just

1:08.0

buying stuff when I need it, like truly need it.

1:11.2

Wall Street Journal reporter Ann Rie Alcantara joins me to discuss how people are cutting their spending

1:16.3

by embracing the no-buy-twenty-five trend.

1:20.3

That's after the break. TNB Tech Minute gives you the day's top tech headlines,

1:38.8

featuring newsmakers that shape the tech world and beyond,

1:42.0

like OpenAI CEO Sam Altman.

1:44.9

The two things that I think will matter most over the next decade are abundant and inexpensive,

1:51.8

intelligence and abundant and cheap energy. And if we can get these two things,

1:55.9

then it's almost difficult to imagine how much else we could do.

...

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