My 2023 No/Low Spend Plan | What I'm Not Buying, Decluttering Challenge, My Why

Published 2022-12-16
My 2023 Low Spend Plan! In this video I go into detail about the things I do not want to spend money on, the things I'm ok with spending money on, why I'm doing this, and more!

No Spend Year (2020) 1 Year Update:    • No Spend Year 1 Year Update | ALL MY ...  
First No Spend video:    • No Spend Year 2020  
6-month update:    • No Spend Year 6 Month Update  
Benefits of a No Spend Year:    • Benefits of a No Spend/Low Spend Year...  
Things to Know/Do Before a No Spend Year:    • Things to Know/Do Before a No Spend Y...  

Other YouTubers participating in a Low Spend Year/Month:
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Rachel: youtube.com/@rachelgets_debtfree
Well Behaved Wallet: youtube.com/@WellBehavedWallet
Kate: youtube.com/@KateKaden

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Time Stamps:
00:00 Intro/Past No Spend Year
02:30 YouTube collabs
03:35 You make the rules
04:28 Things I don't want to spend money on
11:05 Things I'm OK with spending money on
16:08 Decluttering Challenge
17:42 My Why
23:40 How I'm making this easier for myself
26:16 Outro

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#2023 #nospendchallenge #declutterchallenge

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All Comments (21)
  • @TheEmster2011
    No way I could get rid of 365 pieces of my clothes. I have beautiful clothes I am slowly fitting into :) I can totally stop buying things like new clothes, shoes, makeup, decorating items, take out, etc. I have donated so much to local church, and feel so much happier with less. I have my vision boards up.
  • @skoopqueen
    I wasnt financial free until my 40’s and I’m still in my 40’s, bought my second house already, earn on a monthly through passive income and got 4 out of 5 goals, just hope it encourages someone that it doesn’t matter if you don’t have any of them right now, you can start TODAY regardless your age INVEST and change your future! Investing is a grand choice I made. Great video! Thanks for sharing! Very inspiring! I love this<,
  • @lauren6016
    I’m doing a low/no buy year especially for clothes and makeup because I’ve really gotten to a point where I buy without thinking or for emotional reasoning and it adds up a lot. The amount of purchasing is really above my current means and I do not need any more clothes at all. Looking forward to resetting and changing my relationship with shopping (and also making gains in my savings)!
  • @LynneC44
    Hollister, H & M…all cheap brands. Buy higher end brands like Patagonia & your clothing will last much longer. Good shoes are an investment. In order to have good feet when you are older, good shoes with good support are a must.
  • New sub😊 I’m on board w/ low spend. I watch Kate & Rachel so glad I found your channel
  • Hello, Leila! Just found your channel today and I enjoyed this video a lot. You are very thoughtful and intentional in your "why's"...I appreciate your introspection and you gave me some interesting ideas TY!
  • No buy January and a low buy 2023. Making a list of what I am not buying and what I'm willing to spend money doing is eye opening. Thanks for your insight.
  • @juniormintess
    Lots of good points! I totally agree about the social media thing. I deleted mine about 6 months ago and it’s crazy how much less i spend haha
  • I’m doing a no buy January and a low buy year and I will be documenting it on my channel so I’m excited someone else is
  • Thx for being here! I am doing a low spend challenge also in 2023. Nervous…. I’ve built a bad spending habit to cope with PPD. Hoping to build better habits in the new year!
  • @andybungert
    A lot of excellent thoughts and ideas here. Obviously some of them are unique to you, but there are some that seem like they should be obvious for everyone. My personal spending revolves around guitars/gear and I'm doing my best to quit/hold back this year, AND sell excess gear and other items, to pay down debt. My goal is to be debt free by the end of 2023 #debtfree23.
  • So I think you make some really valid points. Yes, saving money is super important. But it's also important to remember to live a little. I do as much free activity as I can possibly think of. Walking, new parks w/ puppy, playing games/puzzles we already have, etc. I also believe in replacing things I use regularly; face moisturizer, body wash, home cleaning supplies etc. I'm on a no spend, & I see the differences between that and a low spend. Even if I have like, an impromptu date night or something, I give it a budget. $20, example. Snacks, grocery food dinner, and a Redbox movie. Done :D Is that a cheat or no? I'm not sure. But it is mindfully thought over before spending. & to me, that's a win! Just discovering your content. <3 Oh.....since you're a fellow reader.....have you looked into Scrib'd, Overdrive, Hoopla, and KU Unlimited reading? Only Scrib'd & KU are expenses but the rest are free. Getting in the habit of checking if a book you want to read intentionally makes all the difference. I do give myself a "book budget" so if I do feel the need to spend it, the money is there if I have the availability. Anyway, that's all! Thanks again for reading my super long comment!
  • @erynnm3045
    I'm going to attempt a complete replacement only no spend year for 2023. The only thing i'll buy is replacements for stuff that I use up the last thing of, and books. Streaming services (Netflix, Crunchyroll) will continue, but I have about 600 books between physical and kindle that i've purchased over the last couple of years, and i've only read about 100 of those. Health is fine. Clothing I will purchase as needed (I only buy when they need replacing or essential anyway), and a dress to wear to 2 weddings in April. Plus gym contract. I'm going to limit eating out at work to 1x week. I have a financial goal to pay my father back the money he's leant us, and end up with $20K in the account at the end of the year. My partner and I are saving for a house deposit, which we're hopefully going to get in 2024. I want to declutter in 2023 as well. We've just moved continents and there's a ton of stuff we've been gifted by my parents that we just don't use - Pie maker, donut cooker.... so I want to either try and figure out how to use them in 2021 or pass them on to new homes. I'm keen to get started! Initially I was just going to do makeup, but i think a no spend year for everything unless it's essential will do me some good. 🙂
  • Excited to see how you do with this! Definitely won't be doing a whole year but I'm hoping to do a couple no spend months throughout the year. :) Too much stuff is sooo stressful anyway. Good luck Leila!
  • I have done no buy years before but since 2020 I've became addicted to amazon. I'm purchasing things I want but don't need on the regular. I want to do a no buy, no fast food/resturant year in 2023 to help get back in that mindset.
  • @TheLunarFire
    Tried and totally failed in 2022 but I kept a meticulous list of everything I purchased and where I purchased it from so I can look bacj at it and see my weak points