In 2020, individuals everywhere in the world had been pressured to re-evaluate their spending habits as a result of COVID-19 pandemic. Many individuals misplaced their jobs or noticed their incomes decreased, and because of this, they needed to in the reduction of on their spending. This led to an increase within the recognition of the “no spend” motion, which inspires individuals to abstain from spending cash on non-essential objects for a time period.
No spend 2025 is a continuation of this motion, and it encourages individuals to go a step additional and never spend any cash in any respect for all the yr of 2025. This will likely look like a frightening process, however it’s potential with cautious planning and preparation. There are various advantages to collaborating in a no spend yr, together with saving cash, decreasing debt, and simplifying your life.
