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

    At the Fortune Workplace Innovation Summit, Fortune 500 leaders will convene to explore the defining questions shaping the workforce of the future—delivering bold ideas, powerful connections, and actionable insights for building resilient organizations for the decade ahead. Join Fortune May 19–20 in Atlanta. Register now.
    About the Author
    By Chloe Berger
    LinkedIn iconTwitter icon
    See full bioRight Arrow Button Icon

    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
    • Pinterest icon

    Latest in Success

    teri
    BankingBanks
    Exclusive: America’s largest Black-owned bank launches podcast with mission to unlock hidden shame holding back generational wealth
    By Nick LichtenbergApril 29, 2026
    15 hours ago
    Emma Grede, who helped found the $5 billion Skims empire, rejects ‘celebrity CEO’ label: ‘I’m a CEO who’s done so well you know my name’
    SuccessEntrepreneurship
    Emma Grede, who helped found the $5 billion Skims empire, rejects ‘celebrity CEO’ label: ‘I’m a CEO who’s done so well you know my name’
    By Cheyann HarrisApril 29, 2026
    22 hours ago
    Lloyd Blankfein, former chief executive officer of Goldman Sachs
    SuccessCareers
    Former Goldman Sachs CEO: Ivy League geniuses aren’t always the most successful—This overlooked skill is key
    By Emma BurleighApril 29, 2026
    22 hours ago
    Jamie Dimon
    SuccessProductivity
    JPMorgan CEO Jamie Dimon warns a ‘great’ meeting is usually a bad one—here’s how he ends them instead
    By Preston ForeApril 29, 2026
    22 hours ago
    gen z
    CommentaryEducation
    Gen Z has the wrong idea about college. Your career doesn’t start after you graduate 
    By Ashley BigdaApril 29, 2026
    1 day ago
    From Warren Buffett to Tim Cook, these 5 Fortune 500 legends all share the same childhood job
    SuccessWarren Buffett
    From Warren Buffett to Tim Cook, these 5 Fortune 500 legends all share the same childhood job
    By Sydney LakeApril 29, 2026
    1 day ago

    Most Popular

    Apple cofounder Ronald Wayne—whose stake would be worth up to $400 billion had he not sold it in 1976—says that at 91, he has no regrets
    Success
    Apple cofounder Ronald Wayne—whose stake would be worth up to $400 billion had he not sold it in 1976—says that at 91, he has no regrets
    By Preston ForeApril 27, 2026
    3 days ago
    Jamie Dimon gets candid about national debt: ‘There will be a bond crisis, and then we’ll have to deal with it’
    Economy
    Jamie Dimon gets candid about national debt: ‘There will be a bond crisis, and then we’ll have to deal with it’
    By Eleanor PringleApril 29, 2026
    1 day ago
    ‘They left me no choice’: Powell isn’t going anywhere—blocking Trump from another Fed appointee
    Banking
    ‘They left me no choice’: Powell isn’t going anywhere—blocking Trump from another Fed appointee
    By Eva RoytburgApril 29, 2026
    19 hours ago
    ‘The cost of compute is far beyond the costs of the employees’: Nvidia executive says right now AI is more expensive than paying human workers
    AI
    ‘The cost of compute is far beyond the costs of the employees’: Nvidia executive says right now AI is more expensive than paying human workers
    By Sasha RogelbergApril 28, 2026
    2 days ago
    ‘Take the money and run’: Johns Hopkins economist Steve Hanke on why the UAE quit OPEC
    Energy
    ‘Take the money and run’: Johns Hopkins economist Steve Hanke on why the UAE quit OPEC
    By Shawn TullyApril 29, 2026
    1 day ago
    More than two-thirds of U.S. schools say they’re unable to afford the cost of student free lunch—and MAHA’s dietary guidelines may make it worse
    Economy
    More than two-thirds of U.S. schools say they’re unable to afford the cost of student free lunch—and MAHA’s dietary guidelines may make it worse
    By Sasha RogelbergApril 29, 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.