Have you heard of the “no-buy challenge”? In 2019, Prosperity Economics Movement co-founder Kim Butler declared a “no buy year” for clothing and skincare products. At the time, she was unaware of the growing no-buy trend. She was just very aware that she had plenty of clothes and a whole drawer of barely used skin products!
One year later, Kim declared it a success. Not only did she not spend a penny on clothes or skincare, she shared, “It felt even better to actually USE what I already had rather than buy what I didn’t really need!”
Many thousands of people have designed their own no-buy challenge. Some participate for a week or a month, vowing to stop spending in certain categories or on anything deemed “unnecessary.” Others declare a no-buy year or make it an ongoing way of life, embracing a simpler lifestyle. Many people embrace a “low-buy” challenge in which they set budget limits.
Could a no-buy or low-buy year (or perhaps a no-buy month) make a difference for you? Let’s look at the trend helping thousands of consumers free themselves from patterns of overspending!
Death: the big elephant in the room. Many people fear death, and they do so in a way that keeps them from truly living. While death is a taboo topic, I believe that when we can talk about and prepare for death, we free ourselves to live more fully.
After all, how would you live if you didn’t have to worry about:
What your loved ones will do when you’re gone (or how they’ll “get by”)
How to afford the costs, because YES, dying is expensive (whether it should be or not)
Where your assets will go, and whether or not creditors and other entities will try to get a piece of the pie
When we can prepare for death, which unfortunately comes for us all, we can live knowing that things will be taken care of when we’re gone. And what a relief to know that you’ve gained a measure of control over the one big event we can’t truly control.
So, how do you prepare for your “Death Day”? Let’s take a look.
“The key is not to turn off the jets, but turn them down into a new orbit and equilibrium..”
How much do you know about your own retirement? How much has been painstakingly planned out, even if it’s 30 years away? The unfortunate problem with the concept of retirement is that people think they know what to expect. They intent to be on a beach in their golden years, with plenty of money to live the life they’ve always wanted to.
No one wants to find themselves unable to enjoy these years. And yet, few people plan for a future that doesn’t go exactly how they want it to. Many retirees don’t have sufficient cash reserves for a retirement that could theoretically last from age 65 to age 100…or beyond. Fewer still have a real game plan for disability, illness, or injury.
In both my personal and professional life, I’ve committed to discovering my purpose (with the help of my sister, Tammi Brannan). Through her program, The Blueprint Process, we’ve identified who I am and what I’m about. In other words: my Purpose.
The reason is so that my business is a reflection of my Purpose—otherwise, who am I serving? Certainly not the people I’m meant to serve: the ones who want and can benefit from my message.
In this process of discovery, we distilled my purpose down to this phrase: “activating lifelong service.”
Kim and Spencer talk about unbelievable thinking, from Perpetual Wealth. Kim is the author of this book and shares insider tips and insights.
Best-selling author Kim Butler and Spencer Shaw show you how to take more control of your finances. Tune in to The Prosperity Podcast to learn more about Prosperity Economics thinking and strategies today!
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