People are embracing the ‘no-buy year’ to save money and the environment

NEW YORK — A 35-year-old Brooklyn resident gave up buying new clothes. “It’s just people trying to reclaim what’s been a rampant cycle of overspending, to be able to get their financial situation back in order and be able to save money,” Alev said. A sustainable living aficionado with a large social media following, Pare decided to participate in the no-buy year as a way to limit her contribution to the world’s waste. But just as social media can be used for accountability and support when participating in the no-buy year challenge, it’s also one of the reasons many overspend. Why buy a million little things when you can just buy one big thing, and it’s even better if it’s refillable.’” After she makes a significant dent in the credit card debt, Berman hopes to start saving and investing.