The latest trend on TikTok and social media is "No Buy" where users vow to spend less or nothing in 2025 because they are tired of high interest rates
The article from Entrepreneur discusses the "No Buy" trend of 2025, where individuals are increasingly choosing to abstain from non-essential purchases to save money, reduce waste, and reassess their consumption habits. This trend is significantly impacting three sectors: Thrift Stores, which are seeing a surge in popularity as people look for second-hand goods; Subscription Services, where companies are adapting by offering more value or pausing subscriptions to retain customers; and Local Experiences, as people invest in local activities and community engagement rather than buying material goods. This shift is not only promoting financial wellness but also fostering a more sustainable and community-focused lifestyle.