Slangdunk

무지출 챌린지

KoreanRead it in the Slang Report #64
152 views2 definitions

What 무지출 챌린지 means

Spending nothing on a chosen day and posting the record on social media or money-saving communities. In English: a “no-spend challenge.”

Origin

YTN and The Economist Korea reported it spreading among people in their 20s and 30s during the high inflation of summer 2022. Who started it is unconfirmed.

By the numbers

Consumer price inflation hit 6.3% in July 2022, the highest since November 1998. In an Embrain survey, 54.2% of workers said they'd be willing to try it.

Careful

If it stretches to skipping meals, it can be hard on your health. Trimming needless spending is safer than going hungry.

Full story in Slang Report #64

Word history

  1. First uploadjangjosh
  2. Added a definitionjangjosh

Community definitions (2)

1English
  • #Money

A no-spend challenge: getting through a day or longer without spending anything.

2Korean
  • #Money

하루 또는 일정 기간 동안 돈을 한 푼도 쓰지 않기로 하는 도전을 뜻한다.

Discuss

No questions about 무지출 챌린지 yet. Ask the first one.