Tag Archives: Investments

The Ten Commandments of Being Off Consumption: What Is Allowed, What Is Not

Now that we know why I have gone off consumption, it’s time to lay out the rules for my year-long off-consumption experiment, list down what is allowed and what isn’t.

The intent of the experiment is to spend an year — from Mar 23, 2008 to March 22, 2009 — without buying anything that is not a necessity.

I have deliberately avoided defining what is a necessity because one of the most interesting aspects of the experiment for me is to “discover” what I think of as a necessity and how it changes with context.

In Case You Are Wondering, I’m Not Broke, Just The Opposite

People are known to go off consumption, when they max out on their credit cards, or are laid off. When you have no money, or no money to spare, it is easy, and often necessary, to stop buying, go off consumption.

So, in case you are wondering if I have gone off consumption because I’m broke, I’m not; just the opposite, in fact.

I have a great job, and I love ninety percent of what I do on ninety percent of the days. I work for a large patriarchal Indian conglomerate, who are not really known for laying off employees. In any case, they love me as much as I love them.