A good article from The Observer covers a new movement that is apparently gaining popularity – the ‘compact’ to not buy anything new. This is great to read, because it validates me, anyone who knows me knows that I hardly make any new purchases unless I have too. I have more leisure time as a result 🙂
Perry believes that by refraining from buying, he saves ‘a few hundred dollars a month on unnecessary and impulse purchases’ and thousands every year on larger buys like furniture and kitchen appliances: ‘The extra money means we now overpay on the mortgage and contribute more to the kids’ college funds.’
Thanks, Janet!