7 Things To Cut Out This Year if You’re Working on Underconsumption

Underconsumption is having its moment, and honestly, it’s a vibe. The idea of simplifying, buying less, and making more intentional choices? Count me in. If you’re ready to embrace a more minimalist approach to life, cutting out unnecessary things can be a total game changer. Let’s talk about seven things you can ditch this year to save money, reduce clutter, and feel more aligned with your goals.

1. Impulse Purchases

You know the drill. You’re scrolling through TikTok, and suddenly you need that viral gadget or skincare product. Impulse buying can be fun in the moment, but it’s a quick way to derail your underconsumption goals. According to a recent study, 88% of consumers admit to making impulse purchases, with an average spend of $314 per month. That’s over $3,700 a year. To break the habit, try adding items to a 30-day wishlist instead of hitting “buy now” immediately.

2. Fast Fashion

It’s tempting to snag trendy pieces for cheap, but fast fashion comes with major downsides. Aside from the environmental impact, those clothes often fall apart after a few washes. Focus on building a capsule wardrobe with timeless staples you can mix and match. You’ll save money and create less waste. Bonus points if you shop secondhand or support sustainable brands.

3. Subscription Overload

How many subscriptions are you actually using? Between streaming services, gym memberships, and app fees, it’s easy to lose track. Americans spend an average of $219 a month on subscriptions, with 42% of people underestimating the total cost. Cancel anything you’re not using regularly. Services like Rocket Money can help you identify and cancel sneaky charges.

4. Single-Use Products

Single-use items like disposable water bottles, coffee cups, and plastic bags add up over time. Switching to reusable alternatives not only saves you money but also reduces your environmental footprint. For example, using a reusable water bottle can save you around $500 a year if you’re buying bottled water daily. Keep in mind, buying multiple colors/styles of reusable bottles for a collection defeats the purpose.

5. Overcomplicated Skincare

Raise your hand if your bathroom cabinet looks like a mini Sephora. Skincare routines don’t need to be ten steps to be effective. Stick to the basics: a gentle cleanser, moisturizer, and sunscreen. Cutting back on unnecessary products can save you hundreds of dollars annually without sacrificing results. Don't underestimate drugstore products!

6. FOMO-Driven Spending

Fear of missing out can lead to overspending on events, trips, or experiences just because everyone else is doing it. Instead of saying yes to everything, focus on activities that truly align with your values and bring you joy. A study found that 60% of people feel regret after making purchases influenced by FOMO. Be intentional and protect your budget.

7. Excessive Gift Giving

Gifting is sweet, but it’s easy to go overboard during holidays and birthdays. Consider scaling back by giving thoughtful, budget-friendly gifts or opting for experiences instead of material things. A simple handwritten note or a DIY project can mean just as much as an expensive present.

Underconsumption isn’t about depriving yourself; it’s about creating space for what truly matters. By cutting out these seven things, you’ll not only save money but also simplify your life and make room for what you value most. So, are you ready to embrace the underconsumption lifestyle? Let me know how you’re cutting back this year!