The Financial Diet

How A No-Buy Year Can Change Your Brain’s Response To Consumerism

6 snips
Jun 27, 2022
A year without buying makeup, clothes, skincare, or homewares puts beauty YouTuber Hannah Louise Poston’s spending habits under a microscope. She talks about the pull of aspirational purchases, the money pressures of creative life, and what it was like to clear out her wardrobe and reconsider the things she already owned.
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ANECDOTE

Financial Situation Before No-Buy

  • Hannah Louise Poston, a YouTuber, discusses her financial situation before her no-buy year.
  • She had depleted her savings from graduate school prizes due to compulsive spending on beauty products.
ADVICE

Planning a No-Buy Year

  • Anticipate potential challenges to your no-buy rules in advance.
  • Write down specific caveats to avoid modifying rules later.
INSIGHT

Skincare Spending Revelation

  • Replacing only essential skincare products during a no-buy year revealed high skincare spending.
  • This realization led to a change in mindset about expensive beauty products.
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