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By putting a plan in place for a low/no buy - what are you hoping to achieve? Reasons may include and are not limited to one or more of the following: save money short term (i.e. vacation) save money for long term (i.e. retirement) limited storage space therefore having fewer belongings use products before they expire pay down unsecured debts (i.e. credit card) using products until they're gone before replacing them have less stuff/clutter in the home pay for post-secondary education extra money for a hobby response to reduced hours at work or lay-off pay off a mortgage or car loan faster saving money for other household expenses (i.e. new furniture, home repairs) increase in child-related expenses saving for a rainy-day fund taking a cruise or trip loss of interest in cosmetics and related items pressure from spouse/significant other to stop buying and start saving What are YOUR reasons for wanting to decrease expenses/consumption by participating in low/no buy?
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