How to Save With the Underconsumption Trend [Video]

Spending less, it turns out, can be pretty trendy.

Social media influencers are celebrating the art of consuming less. They are thrifting, sharing no-buy challenges and buying items with longevity in mind, and showing followers how they can, too — all under the hashtag “#underconsumptioncore”.

“There is a discourse pushing back against overconsumption,” says Dana Miranda, author of “You Don’t Need a Budget” and the “Healthy Rich” newsletter on Substack. “Things have become so easy to get, including things we don’t value very much. We don’t need all this stuff in our lives.”

That stuff, adds Kasia Stolarz, a certified financial planner in Halifax, Nova Scotia, often “doesn’t make us as happy as we thought it would.”

While personal finance experts generally agree that consuming less is something to be celebrated, they also warn about taking this latest take on conscious spending too far. Here are five ways to save with the underconsumption trend without letting it negatively impact your lifestyle:

Tap into your own values

Embracing …