• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

Jensen Huang made his $172 billion fortune on AI chips. His family's $75 million gift to Vanderbilt argues art decides what technology is for

2

'The demographic dividend of the last 40 years is ending': J.P. Morgan says the world is running out of the two things that kept interest rates down

3

The $39 trillion U.S. national debt isn’t as high as Japan’s and Singapore’s relative to economy size—and yet it's still worse somehow

1

Jensen Huang made his $172 billion fortune on AI chips. His family's $75 million gift to Vanderbilt argues art decides what technology is for

2

'The demographic dividend of the last 40 years is ending': J.P. Morgan says the world is running out of the two things that kept interest rates down

3

The $39 trillion U.S. national debt isn’t as high as Japan’s and Singapore’s relative to economy size—and yet it's still worse somehow
Successbudgeting

Americans rebel against inflation and overconsumption with ‘no buy’ challenges in 2025

By
Chloe Berger
Chloe Berger
Down Arrow Button Icon
By
Chloe Berger
Chloe Berger
Down Arrow Button Icon
February 4, 2025, 6:10 AM ET
Photo of a woman who looks anxious
“No buy” challenges gain speed in the first part of 2025.fizkes—Getty Images
Add Fortune on Google for similar content.
  • 2025 is shaping up to be the year of underconsumption or “no buy” trends, as Americans express their fatigue with inflation, consumerism, and threats of tariff-related price hikes.  

Tired of the constant gift guides and endless grocery store receipts, Americans are cutting down on spending. “No buy” challenges have taken off in the past couple of years, gaining traction on social media platforms like Instagram and TikTok, which previously served as showcases of consumption. Now a strict budgeting lifestyle is the way to go for people who are tired of inflation, constant decluttering, and dread that Trump’s tariffs will make essentials even more expensive. 

Recommended Video

True to its name, the no buy movement refers to a challenge where people stop buying nonessential items for a period of time—often a year. It’s also come under a new viral name, “project pan,” which refers to hitting the pan, or bottom, of a makeup container, or using a product to its end. Just a month into the year, a swath of beleaguered Americans are pledging to practice a “no buy 2025.”

While the trend has been brewing for some time now, “no spend challenges” searches on Google have reached an all-time high and up 40% year over year, according to the Wall Street Journal. Last year 20% of Americans participated in the challenge according to Chime, adds the Journal. It’s in part a way to feel some power over the volatile economy. Indeed, despite reports of a slight change in the overall economic outlook, inflation still leaves a sour taste in many shoppers’ mouth. Inflation stands at 2.9% as of December 2024, ticking up from the last reported 2.7%.

No buy trends take off at the start of 2025

Born out of inflation fatigue and a stream of influencers or companies promoting new products, no buy trends are in part about attempting to adopt a new mindset. “I wanted to de-center stuff from my life and stop consuming,” Shawna Ripari, who did a no buy year in 2020, told Fortune’s Alicia Adamczyk in 2022. She adds that she saved about $10,000 in the year, $4,000 of which came from cutting back on spending on makeup and clothes. 

Feeling underwater while navigating the fraught economy, a thorny housing market, and increasing personal debt, some Americans have turned to clamping down on their wallet and putting on blinders to social media trends that suggest new products.

Read more from Fortune

  • This entrepreneurial couple cashed out their 401(k)s and sold a $126 million company—now, they run a U.K. soccer team
  • Trump’s 25% tariffs are backfiring and threatening Gen Z’s trade career aspirations—putting car manufacturing jobs in peril
  • Gen Z women are being sold a risky dream: the realities behind ‘investing’ in designer bags like the Hermès Birkin
  • Like Tim Cook and Gen Z, AEG’s top exec eats the same lunch most days and wears the same outfit
  • Warren Buffett reveals the unique education strategy he took in school—and eventually paid off with a $170 billion fortune
  •  

    Now the price of regular staples such as eggs is climbing again, and President Trump’s threat of tariffs represents a further potential crunch to the consumer. A majority of Americans (56%) report that this year will be one of economic difficulty, per Gallup. 

    “If I can’t control what the stores do, I can control how I spend my money,” Donavan Harnage, a millennial analyst and part-time grocery store worker who is looking to cut back on spending, told the Journal.

    Some households have turned to the no buy challenge in an effort to show their larger discontent with the politics. Rylee Marcum, a stay-at-home mother from Florida, tells CNN as much, noting that taking part in the trend helps her save around $100 weekly.

    “The new administration is a big reason why I’m doing this because I don’t want us to contribute to Trump’s economy,” Marcum told CNN. “I don’t think things are going to get any better at all and I’m scared for the future,” she added.

    The Fortune 500 Innovation Forum will convene Fortune 500 executives, U.S. policy officials, top founders, and thought leaders to help define what’s next for the American economy, Nov. 16-17 in Detroit. Apply here.
    About the Author
    By Chloe Berger
    LinkedIn iconTwitter icon
    See full bioRight Arrow Button Icon
    Add Fortune on Google for similar content.

    Latest in Success

    Finance
    Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
    By Fortune Editors
    October 20, 2025
    Finance
    Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
    By Fortune Editors
    October 20, 2025
    Finance
    Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
    By Fortune Editors
    October 20, 2025
    Finance
    Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
    By Fortune Editors
    October 20, 2025
    Finance
    Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
    By Fortune Editors
    October 20, 2025
    Finance
    Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
    By Fortune Editors
    October 20, 2025

    Most Popular

    Finance
    Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
    By Fortune Editors
    October 20, 2025
    Finance
    Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
    By Fortune Editors
    October 20, 2025
    Finance
    Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
    By Fortune Editors
    October 20, 2025
    Finance
    Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
    By Fortune Editors
    October 20, 2025
    Finance
    Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
    By Fortune Editors
    October 20, 2025
    Finance
    Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
    By Fortune Editors
    October 20, 2025
    Fortune Secondary Logo
    Rankings
    • 100 Best Companies
    • Fortune 500
    • Global 500
    • Fortune 500 Europe
    • Most Powerful Women
    • World's Most Admired Companies
    • See All Rankings
    • Lists Calendar
    Sections
    • Finance
    • Fortune Crypto
    • Features
    • Leadership
    • Health
    • Commentary
    • Success
    • Retail
    • Mpw
    • Tech
    • Lifestyle
    • CEO Initiative
    • Asia
    • Politics
    • Conferences
    • Europe
    • Newsletters
    • Personal Finance
    • Environment
    • Magazine
    • Education
    Customer Support
    • Frequently Asked Questions
    • Customer Service Portal
    • Privacy Policy
    • Terms Of Use
    • Single Issues For Purchase
    • International Print
    Commercial Services
    • Advertising
    • Fortune Brand Studio
    • Fortune Analytics
    • Fortune Conferences
    • Business Development
    • Group Subscriptions
    About Us
    • About Us
    • Press Center
    • Work At Fortune
    • Terms And Conditions
    • Site Map
    • About Us
    • Press Center
    • Work At Fortune
    • Terms And Conditions
    • Site Map
    • Facebook icon
    • Twitter icon
    • LinkedIn icon
    • Instagram icon
    • TikTok icon
    • YouTube icon

    Latest in Success

    woman yellow shirt standing in front of ring light
    SuccessSocial Media
    Influencer marketing isn’t an experiment anymore as companies expand their creator advertising budgets
    By Tatiana SatauaJuly 24, 2026
    6 hours ago
    lebron
    Arts & EntertainmentSports
    LeBron James, the only billionaire currently active in the NBA, signs a minimum contract with the Philadelphia 76ers
    By Catherina GioinoJuly 24, 2026
    9 hours ago
    Wealthy man in car
    SuccessMillionaires
    120 millionaires have signed a letter begging the British government to tax them more: ‘We can afford it’
    By Emma BurleighJuly 24, 2026
    10 hours ago
    This CEO once bought a bankrupt furniture company for $80,000. At 95, he’s now given away millions
    Successphilanthropy
    This CEO once bought a bankrupt furniture company for $80,000. At 95, he’s now given away millions
    By Sydney LakeJuly 24, 2026
    11 hours ago
    nyse
    CommentaryEconomics
    AI doesn’t end scarcity. It relocates it
    By François Candelon, Paul-Louis Andres and Augustin ManchonJuly 24, 2026
    16 hours ago
    Amazon founder Jeff Bezos
    SuccessBillionaires
    Amazon’s Jeff Bezos could be the latest American billionaire to buy into European soccer clubs—he’s eyeing up a stake in Liverpool FC
    By Emma BurleighJuly 23, 2026
    1 day ago

    Most Popular

    Jensen Huang made his $172 billion fortune on AI chips. His family's $75 million gift to Vanderbilt argues art decides what technology is for
    Big Tech
    Jensen Huang made his $172 billion fortune on AI chips. His family's $75 million gift to Vanderbilt argues art decides what technology is for
    By Sydney LakeJuly 23, 2026
    2 days ago
    'The demographic dividend of the last 40 years is ending': J.P. Morgan says the world is running out of the two things that kept interest rates down
    Economy
    'The demographic dividend of the last 40 years is ending': J.P. Morgan says the world is running out of the two things that kept interest rates down
    By Eleanor PringleJuly 24, 2026
    18 hours ago
    The $39 trillion U.S. national debt isn’t as high as Japan’s and Singapore’s relative to economy size—and yet it's still worse somehow
    Economy
    The $39 trillion U.S. national debt isn’t as high as Japan’s and Singapore’s relative to economy size—and yet it's still worse somehow
    By Sasha RogelbergJuly 23, 2026
    1 day ago
    The millennial generation has split, new Fed research shows: Those over 35 are edging toward boomer-style wealth, while everyone else falls behind
    Real Estate
    The millennial generation has split, new Fed research shows: Those over 35 are edging toward boomer-style wealth, while everyone else falls behind
    By Nick LichtenbergJuly 22, 2026
    2 days ago
    Current price of oil as of July 24, 2026
    Personal Finance
    Current price of oil as of July 24, 2026
    By Joseph HostetlerJuly 24, 2026
    16 hours ago
    Turns out Dead Internet Theory was right: AI agents are eating the Web, growing by nearly 8,000% and rewiring the Internet's business model
    AI
    Turns out Dead Internet Theory was right: AI agents are eating the Web, growing by nearly 8,000% and rewiring the Internet's business model
    By Mia OsmonbekovJuly 23, 2026
    1 day ago

    © 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
    FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.