GOBankingRates works with many financial advertisers to showcase their products and services to our audiences.
These brands compensate us to advertise their products in ads across our site.
This compensation may impact how and where products appear on this site.
Commitment to Our Readers
GOBankingRates' editorial team is committed to bringing you unbiased reviews and information.
you’re able to read more about oureditorial guidelinesand our products and servicesreview methodology.
Plus, it can prepare you for the possibility of a recession.
Though the U.S. economy is not in a recession, some experts believe one is coming.
Recessions often mean job layoffs, unexpected financial costs and losses to investment portfolios.
Here are some of the tips that TikTok users have offered as they undertake practicing underconsumption core.
Also see five frugal habits that can help you save money every day.
TikTok userDevamshadiscussed this in the context of buying makeup.
If an item still works, consider holding on to it.
She prioritizes hobbies, experiences and crafts over buying things.
She took a love of growing plants and turned that into a form of decor in her home.
She also spends more quality time with friends and family over purchasing new things.
New things can make you look better/richer/happier than you actually are.
Butunderconsumption core folksget comfortable with not needing everything to be aesthetically pleasing.
One TikTok user,Kathryn, looks for every way she can to get out of this habit.
And if it helps you get ahead of an economic downturn, even better.
More From GOBankingRates
Share This Article:
