Personal Finance
Want to Save More in 2020? 5 Ways to Resist Consumerism and Spend Less
By ValueChampion  •  January 15, 2020

We live in a culture of consumerism. Advertising has long proven to be effective in persuading consumers to buy products in increasing amounts by appealing to their social, emotional and functional needs. Unfortunately, rampant consumerism fueled by constant advertising impacts more than our shopping habits. Consumerism has led to a "throwaway culture" that wreaks financial havoc on individuals and leads to negative environmental impacts. However, research suggests that “consumers are not always open to advertising”. As consumer behaviour evolves and mindful spending gains popularity, people have started to favour methods of avoiding advertisements like skipping ads on YouTube or installing ad blockers on their browsers. If you’re looking for more ways to cut down on mindless consumption and save money, we outline 5 methods below.

1. Don’t Cave in to Advertising

It’s impossible to be completely immune to advertising unless you’re living off the grid without access to any

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By ValueChampion
We distill sprawling marketplaces—for insurance, credit cards, bank accounts, and more—down to choices that represent a sweet spot for value—as in offering the features, returns, or experience we think you need for the smallest outlay. We ask: Is the return on a particular purchase or decision worth the cost or risk of that option, and how does the choice stack up against other options?
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