Buy Nothing

For some time, “no buy” challenges have been featured all over social media. However, you have to do more than just buy nothing for this to make a meaningful impact. This article covers the step-by-step process to make this self-imposed discipline more than “just a trend.” 

How to Do A Buy Nothing Challenge RIGHT

Some of my best money advice for anyone on the come-up is to minimize or eliminate excessive spending. 

And the majority of you understand that as you work towards financial freedom, luxury items are a hard pass.

But, we aren’t talking about the obvious purchases like that here. We are talking about the small things you buy out of convenience


These “little purchases” are almost more dangerous because we tend to swipe our cards and forget ‘em. 

So, to make your “buy nothing” challenge worthwhile, you should look to past spending for clues… 

Examine Past Spending Habits 

The first thing to do is to select the category of purchases you’re not going to make during your no buy. The most impactful strategy is to target your weaknesses. 

Figuring out what those are is easy… 


There you’ll notice patterns like… 

“I spend how much on lattes every month?” 

“I have a tendency to buy more than I need when I shop at certain stores.”

The list of examples is endless. But, make a list of everything you buy that is unnecessary and pick a category — or a few — to eliminate for now. 

At this point, you should make a solid decision to buy nothing of each kind of item within a time frame.

For example, “I will give up spending money on takeout for 90 days.” 

Now, it’s time for the hard part… 

Commit to Buy Nothing Non-Essential 

The next step is clear from the name of this exercise… 


Look, I understand that giving up treating yourself is difficult — especially in the beginning. 

But, spending on these things to “feel better” is not:

  • What you really want and need.
  • Or, get you to the real goal. 

With that in mind, I do have several tips to help you when you feel like you wanna cave. 

A smart idea I read in an article on “no buys” from AP News is to write down whenever you want something non-essential. Then you can — after the during of the challenge — buy it if you still want it. 

That way you don’t feel you are denying yourself. That being said, you more than likely won’t want it after you’ve thought about it… 

Final Thoughts on the Buy Nothing Challenge 

Ultimately, I think making a game of smart financial decisions is a good idea. It builds discipline and changes your perspective on these choices. 

But the fact of the matter is that you can’t “buy nothing” forever. 

Eventually, you have to fix the real issue — which is how to earn more money. 

Keep checking back to this site for more content on how. 

Be Great,

Grant Cardone

Disclaimer: This content is intended to be used for educational and informational purposes only. Individual results may vary. You should perform your own due diligence and seek the advice from a professional to verify any information on our website or materials that you are relying upon if you choose to make an investment or business decision. Investment, real estate, and business involve great risk and there is no guarantee of performance or results.We are not attorneys, investment advisers, accountants, tax professionals or financial advisers and any of the content presented should not be taken as professional advice. We recommend seeking the advice of a financial professional before you invest, and we accept no liability whatsoever for any loss or damage you may incur.

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Star of Discovery Channel’s “Undercover Billionaire,” Grant Cardone owns and operates seven privately held companies and a private equity real estate firm, Cardone Capital, with a multifamily portfolio of assets under management valued at over $4 billion. He is the Top Crowdfunder in the world, raising over $900 million in equity via social media. Known internationally as the leading expert on sales, marketing, and scaling businesses, Cardone is a New York Times bestselling author of 11 business books, including “The 10X Rule,” which led to Cardone establishing the 10X Global Movement and the 10X Growth Conference, now the largest business and entrepreneur conference in the world. The online business and sales educational platform he created, Cardone University, serves over 411,000 individuals and Forbes 100 corporate clients throughout the world. Voted the top Marketing Influencer to watch by Forbes, Cardone uses his massive 15 million plus following to give back via his Grant Cardone Foundation, a non-profit organization dedicated to mentoring underserved, at-risk adolescents in financial literacy, especially those without father figures.