No-spend Challenge: Does the Gen-Z Finance Trend Work? | Vantage with Palki Sharma

No-spend Challenge: Does the Gen-Z Finance Trend Work? | Vantage with Palki Sharma
The "No-Spend Challenge" has become a viral trend on TikTok and other social media platforms. It involves avoiding non-essential purchases such as coffee, alcohol, clothes, and shoes while still covering essential expenses. Proponents argue that this challenge helps increase savings and encourages better budgeting habits. But this trend is not without its downsides. Palki Sharma tells you more.
---
Gen-Z | No Spend Challenge | Savings | Firstpost | World News | News Live | Vantage | Palki Sharma | News
#nospendchallenge #genz #savings #finance #firstpost #vantageonfirstpost #palkisharma #worldnews
Vantage is a ground-breaking news, opinions, and current affairs show from Firstpost. Catering to a global audience, Vantage covers the biggest news stories from a 360-degree perspective, giving viewers a chance to assess the impact of world events through a uniquely Indian lens.
The show is anchored by Palki Sharma, Managing Editor, Firstpost.
By breaking stereotypes, Vantage aims to challenge conventional wisdom and present an alternative view on global affairs, defying the norm and opening the door to new perspectives. The show goes beyond the headlines to uncover the hidden stories - making Vantage a destination for thought-provoking ideas.
Vantage airs Monday to Friday at 9 PM IST on Firstpost across all leading platforms.

Subscribe to Firstpost channel and press the bell icon to get notified when we go live.
/ @firstpost
Follow Firstpost on Instagram:
/ firstpost
Follow Firstpost on Facebook:
/ firstpostin
Follow Firstpost on Twitter:
/ firstpost
Follow Firstpost on WhatsApp:
www.whatsapp.com/channel/0029...

Пікірлер: 143

  • @JessicaKeith-uj1jq
    @JessicaKeith-uj1jq18 күн бұрын

    In uncertain times, how can one outperform with the S&P 500? my money goal of $3m seems far-fetched and just saving is not an option, do I seek a license advisor to help grow my funds, or wait for a favorable economy? I have barely 5 years to retirement.

  • @ChloeCarter-kd7gz

    @ChloeCarter-kd7gz

    18 күн бұрын

    patience is your best friend here, although you can benefit from the help of advisors, especially when it comes to smart financing.

  • @HRMColoniallifeinsurance

    @HRMColoniallifeinsurance

    18 күн бұрын

    Very correct, investing is plain-sailing using a well experienced advisor, and at first-hand experience, I've witnessed my investments compound over 280%, since Jan.2020 amid rona-outbreak, summing up nearly $1m as of today.

  • @AshleyKeith-vw7ws

    @AshleyKeith-vw7ws

    18 күн бұрын

    this is huge! been a fan of asking questions like Socrates, seeking information and handling certain duties to professionals, my $ 100k index has been shortened by 10% due to inflation over the years and I could really use a help at this point

  • @HRMColoniallifeinsurance

    @HRMColoniallifeinsurance

    18 күн бұрын

    I learn a lot from "DESIREE RUTH HOFFMAN, she's a big name in her field with more than 20 years of experience. You should look her up online for more info.

  • @AshleyKeith-vw7ws

    @AshleyKeith-vw7ws

    18 күн бұрын

    very much appreciated, just inputted DESIREE RUTH HOFFMAN on the internet, spotted her consulting page ranked top and was able to schedule a call session. Ive seen commentaries about advisors but not one looks this phenomenal

  • @veereshveeresh1361
    @veereshveeresh136118 күн бұрын

    Thanks I bought Kardden and I can't be more happy about it

  • @CARS_VEDIO
    @CARS_VEDIO18 күн бұрын

    All guys stacking Kardden Token before next bull are smart apes for sure

  • @Arsalan_2210
    @Arsalan_221019 күн бұрын

    I literally bought 5 shirts and 5 pants 5 years ago and im still using them everyday. I do the laundry on weekends and thats it. I haven't spent a single penny on clothes and shoes in 5 years and that helped me save up a lot of money. I also haven't bought a new iPhone 14 Pro just last year after using my iPhone 6S for nearly 5-6 years I guess. So spending wisely and spending on things you actually need (not want) in life can help you save up a lot of money in the long run. oh and Btw, congrats on 5M subs on KZread Firstpost! Love your content.

  • @LighteningOne
    @LighteningOne19 күн бұрын

    Genz way of hiding unemployment and poor economic conditions.

  • @pujitsaini7856
    @pujitsaini785618 күн бұрын

    Buying Kardden Today Is Like the Bitcoin pizza back then. One day people will acknowledge it

  • @RazakAr

    @RazakAr

    18 күн бұрын

    Okay, soon it will dip!

  • @SahilSharma-bt5vs
    @SahilSharma-bt5vs19 күн бұрын

    Spend on things that bring you joy, and you’ll never be broke. Also, cut back on bigger expenses, not on food, clothes or coffee. For instance, buy a smaller car, smaller house and cheaper phones like iPhone 15, not 15 pro or max.

  • @pradiptapal4618

    @pradiptapal4618

    18 күн бұрын

    Still you need to buy iPhone? That is not cheap! what about Android?

  • @SahilSharma-bt5vs

    @SahilSharma-bt5vs

    18 күн бұрын

    @@pradiptapal4618 that’s also an option. But if someone is already in the Apple ecosystem, it’s difficult to switch to Android.

  • @arvindshinde5880
    @arvindshinde588018 күн бұрын

    In India our parents thought the same and we are doing it from the instance we were born 😂😂

  • @blessedramos7603
    @blessedramos760318 күн бұрын

    I stopped buying clothes because I have too many. All my collections (shoes etc) are either done or just 1 last item. I now focus on investments and real property. I’m planning my retirement while drinking my expensive coffee 😂 Life is good.

  • @prudhvivankineni4880
    @prudhvivankineni488018 күн бұрын

    This challenge is lived by my parents their whole life till now😂

  • @KishanSingh-zy5zt
    @KishanSingh-zy5zt18 күн бұрын

    I am a millennial. I had impulse of buying stocks now they are growing at 100% CAGR 🤧 already 7 fig now

  • @-ma

    @-ma

    17 күн бұрын

    everyone are at 8 fig already

  • @adityab8270
    @adityab827018 күн бұрын

    Great challenge...I have started in my group

  • @diptidixit4
    @diptidixit418 күн бұрын

    I would suggest grouping and cooking together will save lot of money that was the old days mantra…

  • @richardjoy9735
    @richardjoy973512 күн бұрын

    I don't think there is anything wrong in buying the food you like.. we just have to stick to our over all monthly spending limt.. what is the meaning of becoming a millionare by even sacrificing your small wishes? Save a good part of your income and spend the rest for you and your family.. live happily..

  • @LalitNirwan
    @LalitNirwan15 күн бұрын

    I am doing on every Thursday - money fast, food fast & dopamine fast 😊

  • @kananpandya2337
    @kananpandya233718 күн бұрын

    Moderation is key ❤

  • @greenriver77
    @greenriver7718 күн бұрын

    MOST WOMEN BUYS A HAND BAG WORTH THOUSANDS OF DOLLARS ,BUT LOOK INSIDE THAT HAND BAG ,NO HUNDRED DOLLAR BILLS, JUST FULL OF JUNK , LIKE A VEHICLE GARAGE😂😂😂😂😂

  • @RajeshGupta2K15
    @RajeshGupta2K1512 күн бұрын

    When a major portion of your income goes to tax, what else can people save🤣🤣🤣🤣

  • @Rakeshbaghel-dj1ln
    @Rakeshbaghel-dj1ln18 күн бұрын

    Great analysis as always, Kardden Token is a strong contender

  • @peterchau-o6e
    @peterchau-o6e18 күн бұрын

    Palki: Pl give ancient wisdom of financial discipline - one minute every show!!

  • @joffson_pinto
    @joffson_pinto18 күн бұрын

    I have been doing this from the last 15 yrs 😅

  • @mohitdhruw8115
    @mohitdhruw811518 күн бұрын

    Lucky for those who had Kardden since yesterday, but more green days to come

  • @Nawab_ayan_307
    @Nawab_ayan_30718 күн бұрын

    Kardden Token and amazon signed a partnership. It will blow up once it hits mainstream.

  • @saswatmohanty8132
    @saswatmohanty813212 күн бұрын

    Financial advice from Tik tok 😂😂 It's like taking military training from Art school

  • @Sidharthrathore-bg5rs
    @Sidharthrathore-bg5rs12 күн бұрын

    Stop drinking coffee and tea ..... reduce sugar consumption ........instead buying car or bike use public transport........save money invest half into the precious metal rest in equity.......build emergency funds.......also hold cash worth of an year expenses......

  • @AR__GEMAR
    @AR__GEMAR18 күн бұрын

    Kardden Token is next atleast 40x coin, upswing better than Kardden at primetime

  • @sunsiva4005
    @sunsiva400518 күн бұрын

    Minimalist ❤

  • @AkashGhosh-ig5no
    @AkashGhosh-ig5no18 күн бұрын

    I respect your work mate so you say Kardden good one to use?

  • @yashrabarirajodaoffice
    @yashrabarirajodaoffice18 күн бұрын

    Kardden Token is awaiting major CEX listings. It's possible to hit 100x this year.

  • @Java_Ram_जवा_राम
    @Java_Ram_जवा_राम18 күн бұрын

    My grandmother never spent money.

  • @lameckondieki4756
    @lameckondieki475619 күн бұрын

    Meanwhile in the south most people dont have enough to not spend.

  • @user-ub1xr8md1g
    @user-ub1xr8md1g14 күн бұрын

    Either I have become old or gen Z is stupid 😂😂😂

  • @harsh3948
    @harsh394819 күн бұрын

    The only items I spend on is food, gas, rent, gym membership, phone bill, internet and buying some courses to self improve. I don’t know anyone in my entire extended circle of friends that spends more than this. If you cannot even afford these, then I’m sorry but you are now below poverty level

  • @joshanupamtaneja8675
    @joshanupamtaneja867517 күн бұрын

    Ironically, what is a fashion trend now, was actually a norm for us while we were growing up in the 1980's and 90's.

  • @Kapilsingh-jg4rz
    @Kapilsingh-jg4rz18 күн бұрын

    Kardden Token time! This thing is lifting up in ways nobody did before

  • @pamelawalker8052
    @pamelawalker805219 күн бұрын

    Buy a nice French Press and make your own coffee

  • @taranjitsingh2714
    @taranjitsingh271418 күн бұрын

    Buy gold stocks….look for Q2 blockbuster earnings with high gold prices…gold stocks will skyrocket and not to mention interest rates coming down further fueling prices!!

  • @wanderlost7707
    @wanderlost770718 күн бұрын

    Saving money is one side of the equation. The other side is investing your savings wisely.

  • @Allgameing482
    @Allgameing48218 күн бұрын

    Kardden movement begins and everyone is like acting crazy. Let's bring it up!

  • @Tenshi_ZA
    @Tenshi_ZA18 күн бұрын

    I've been living almost my whole life like this. Easy

  • @Fikru1948
    @Fikru194819 күн бұрын

    My beautiful Palki Shama👌 ❤️💘❤️

  • @ezyy4349
    @ezyy434918 күн бұрын

    Its same as japanese saving method.

  • @shatakshipandey8014
    @shatakshipandey801413 күн бұрын

    I bought my first car which js second hand. Got it under half the budget abd it gets the job done.

  • @anilprasanna
    @anilprasanna17 күн бұрын

    GEN Z is getting pathetic 25 thousand rupee salary from chronic capitalists like Narayan Murthy and he has the audacity to demand 70 hours per week! GEN Z deserves better and commission eaters should be kicked out so that end client dollars end up straight in GEN Z pocket. Starbucks is 5.4 dollars a day not 3 dollars !

  • @user-is5lv8fy7y
    @user-is5lv8fy7y18 күн бұрын

    Invest the savings for insuring your better future.🔮 😊❤🎉

  • @lakshyavarshney9942
    @lakshyavarshney994218 күн бұрын

    Coffee at home still must be there

  • @dolandas888
    @dolandas88818 күн бұрын

    Kardden making ATH after ATH 🔥🔥

  • @yog146
    @yog14618 күн бұрын

    This is no different than dieting. Fast for one day and eat everything next day. Net net makes no difference

  • @xtquick
    @xtquick18 күн бұрын

    The Kardden KRN will overtake doge and SHIB so easy

  • @sukolkumarkashyap5598
    @sukolkumarkashyap559818 күн бұрын

    After all the bad years Kardden is our savior

  • @navneetrafaliya
    @navneetrafaliya14 күн бұрын

    I am on no spend challenge since I started earning. Lol.

  • @adityasharma2
    @adityasharma213 күн бұрын

    Poor editing. 3 minutes of ads at the end of the video, within the video??? Why

  • @Ravhul1
    @Ravhul118 күн бұрын

    Bas challenge hi karte raho.kaam ka koi kaam mat karna.spoiled generation for sure.

  • @HO-mg2yl
    @HO-mg2yl18 күн бұрын

    Use public transport, Never buy scrap show case items , gifts .. for gifting gift useble items

  • @manojvarghese6783
    @manojvarghese678318 күн бұрын

    Dont squeeze yourself much, but just save 1K per month for 40 years, and you can save 2Crore.

  • @buggzy.
    @buggzy.18 күн бұрын

    Buying house became a dream for gen z every thing went up on prize 😂

  • @gameingbgmi8169
    @gameingbgmi816918 күн бұрын

    Kardden is the future and more than just another Floki, it has all of it

  • @VIJAYKUMAR-ex5cn
    @VIJAYKUMAR-ex5cn18 күн бұрын

    Why is palki against it..Jio..people will stop recharging..her boss will not be happy..

  • @p.e.a.c.e.o.u.t6713
    @p.e.a.c.e.o.u.t671314 күн бұрын

    Guess im doing this since 2013

  • @greenriver77
    @greenriver7718 күн бұрын

    YOU JUST WANT IT, BUT YOU DO NOT NEED IT. BUY ONLY WHAT YOU NEED,. DO NOT BUY WHAT YOU DONOT NEED.

  • @RohitPanchal-fe9ko
    @RohitPanchal-fe9ko18 күн бұрын

    Walmart and Kardden Token just signed a collaboration??

  • @DoctorJaneDoe
    @DoctorJaneDoe18 күн бұрын

    I make my own coffe approx 16 INR / mug 😂… lam not gonna stop this joy from my life

  • @MayankParihar-v7d
    @MayankParihar-v7d18 күн бұрын

    These GEN Z started destroying other's lives now, letting them stay in their zone with zero is best

  • @WiFiTubeTV
    @WiFiTubeTV17 күн бұрын

    lol i've been doing that since always...i'm not Gen Z though

  • @DarisT-qc1fw
    @DarisT-qc1fw18 күн бұрын

    Why are the top comments bots pushing scam crypto?

  • @hariiravii1
    @hariiravii119 күн бұрын

    Palki, Please don't indirectly advice to spend. Any cash on hand is saving

  • @anitadive2643
    @anitadive264318 күн бұрын

    Kardden Token will moonshoot after CEX listing..

  • @RoodeMenon
    @RoodeMenon18 күн бұрын

    As an Indian I've been a kanjoos cheapo from birth. So this is daily life. Big deal.

  • @Bhairavvvv
    @Bhairavvvv18 күн бұрын

    Palki obsessed with Gen Z 😅

  • @cranberryeater7459
    @cranberryeater745918 күн бұрын

    Goal: Velocity of Money = $0 Outcome: Communism

  • @fredrikbergquist5734
    @fredrikbergquist573419 күн бұрын

    Interestingly this vid had an ad for BYD a very inexpensive Chinese car. It will now be taxed 38% in EU. Sorry, GenZ!

  • @Darker_Void_Scientist
    @Darker_Void_Scientist19 күн бұрын

    Just 3? Alright.

  • @kumargaurav8633
    @kumargaurav863318 күн бұрын

    Genz are best😂😂

  • @Jovan28
    @Jovan2818 күн бұрын

    this is not the right way. If they havent enjoyed even a small thing like coffee, then later if market crash, they will feel bad. Investment is necessary. But not this much harsh on yourself.

  • @gownat

    @gownat

    18 күн бұрын

    Finally she said moderation is the key

  • @jojo_art14
    @jojo_art1418 күн бұрын

    I'm faaaaaaaaarrrr away from all this... czz I don't have any money to spend

  • @hashtag9990
    @hashtag999018 күн бұрын

    Bots are spamming about some shitcoin, don't fall for it.

  • @Martin_Priesthood
    @Martin_Priesthood18 күн бұрын

    " no spend" = dwindling economy... What is the target for December? 10M subs

  • @dhara52
    @dhara5218 күн бұрын

    Need - Want?

  • @jonathfernando
    @jonathfernando18 күн бұрын

    I don't drink coffee I'm not a millionaire :(

  • @Omnamahshivay8079
    @Omnamahshivay807918 күн бұрын

    While firspost manages to get some interesting news and trends on its platform . It infuriating when none of the examples have any relevance in the Indian context. Couldn't a relatable example be given for Indians ? Like for eg if the most that you spend on momos is like 200 rs or 1500 per day on zomato swiggy.

  • @CJ-
    @CJ-18 күн бұрын

    What is tiktok

  • @MayankRana-nf7pe
    @MayankRana-nf7pe18 күн бұрын

    Kardden please get going high

  • @jakuanhalikanma
    @jakuanhalikanma8 күн бұрын

    if your parents are rich,no need to work.just spend and spend.make yourself more lazy

  • @hemantsoni3599
    @hemantsoni359918 күн бұрын

    I believe Kardden Token will change E-commerce forever. Thank me later!

  • @SahilSharma-bt5vs
    @SahilSharma-bt5vs19 күн бұрын

    GenZ k navratre

  • @ashishwalawalkar2928
    @ashishwalawalkar292818 күн бұрын

    I just unsubscribed! Because of loud music at the end.

  • @heroshe7786
    @heroshe778618 күн бұрын

    Is it gen z only reference e to westerns because if not I didn't know where did that 80 percentage comes from when India is banned the tick tok 😂😂

  • @dontmindme2375
    @dontmindme237510 күн бұрын

    No spend is for the poor

  • @gauravkakkar8022
    @gauravkakkar802218 күн бұрын

    😂😂😂😂😂😂

  • @djsSp2282
    @djsSp228218 күн бұрын

    Do you think Kardden will pump before ETH?

  • @myselfme3031
    @myselfme303118 күн бұрын

    Tik tok banned in india

  • @KingAlphaOmega
    @KingAlphaOmega18 күн бұрын

    Gene Z are like modern beggars

  • @kathisubbarao9003
    @kathisubbarao900318 күн бұрын

    Omg so bullish on Kardden! ATH next month? 🔥

  • @Casual_Gaming--07
    @Casual_Gaming--0718 күн бұрын

    I see Kardden with 50x, maybe even 100x. Binance also gonna have that

  • @HarikrishnandIceman
    @HarikrishnandIceman10 күн бұрын

    The condescending tone of the video is quite revolting. Portraying the millennials and Gen X as experts and Gen Z as illiterate idiots is doing no one any good. It’s in poor taste.

  • @standoutforevercom
    @standoutforevercom18 күн бұрын

    is it me or she looks pretty ?

  • @bedtimequotesandjokes22
    @bedtimequotesandjokes2218 күн бұрын

    Thanks I bought Kardden and I can't be more happy about it

  • @umeshbairisal8900
    @umeshbairisal890018 күн бұрын

    Kardden Token is awaiting major CEX listings. It's possible to hit 100x this year.

  • @balramdey7832
    @balramdey783218 күн бұрын

    Kardden Token time! This thing is lifting up in ways nobody did before

  • @karothakor4725
    @karothakor472518 күн бұрын

    Kardden movement begins and everyone is like acting crazy. Let's bring it up!

Келесі