"The Compact" - reduce spending/ environmental impact

http://www.nytimes.com/2007/02/24/business/24instincts.html?ref=science

"In 2005, a few friends gathered for dinner and started bemoaning the fate of the planet, the environmental impact of consumer excess — and ended up challenging one another to not buy anything new for six months. ..Compact members reuse or recycle what they have and buy only used or secondhand goods — except for food, health-related items and personal things, like socks and underwear."

LBYM is a mathematical certainty -- it's impossible to save anything (let alone invest), unless you can raise capital, by spending less than you earn. However, the U.S. savings rate is negative. The idea of thrift is foreign, to many people.

If a stylish concept, like the Compact, can inspire people to LBYM, more power to it!

Since I am working on a six-foot-long oak computer desk, that I bought at Serenity Shop for $85, it won't take much to convice me :-).

Wendy