TikTok's 'no-spend month' trend encourages users to cut non-essential spending for a month, potentially improving long-term financial habits.
TikTok's "no-spend month" trend challenges users to cut out non-essential purchases for a set period, but experts warn it might be hard to sustain long-term. The challenge, akin to a spending detox or fast, can help break overspending habits, with funds saved from non-essentials redirected to long-term financial goals. However, the trend highlights that there's no shortcut to practicing good money habits.
June 22, 2024
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