(7:17 minute video)
Greetings team! Today is all about “money & minimalism”, not minimalism as a whole (though we will talk more on that front in specific detail around various topics come future) 🙂
This video covers 5 simple tactics to money & living a minimalist lifestyle that you can start applying immediately (as in today)! Before you can live in true minimalistic fashion in other areas of your life, such as creating a capsule wardrobe, de-cluttering your beauty cabinet, reducing your carbon footprint, or your fridge – you’ve gotta’ learn the basics. More fun to come – this is just the start, AND you’ll save a little money in the process by following these 5 tactics, this is one thing I can confidently assure 😉
About those tactics:
- Operate in cash only & avoid using your credit card. How many times have you entered your pin # and not even realized how much money you’re spending in the process; I’m guilty as charged! I guarantee the act of cash physically leaving the palm of your hand vs. using your debt or credit card will make you think twice before parting with money, especially large sums that should be given serious thought.
- Avoid carrying debt. Debt is toxic and carries a significant amount of stress and weight into more areas of your life than just money. The purpose of not spending more than you make is to not accumulate more than you need.
- Clean out your wallet. Only keep in your wallet that which you need. Put receipts into an envelope at the end of the day rather than carrying them around having
- Unsubscribe. Unsubscribe online and physically. When you’re being inundated real-time with emails notifying you of sales and flyers reminding you of upcoming deals this only entices and temps you to spend. The points of living a minimalistic life and in turn living smarter around money, is to only replace that which you need to replace – hence, you seek something out when you need to replace it vs. having things source you out (all of those email subscriptions to your favorite retailers).
- Energy (in every sense of the word). By reducing your carbon footprint you reduce your payable tax dollars (and we all know how painful taxes are). Although reducing your carbon foot print on the energy-front may seem an indirect cost, taxes have the ability to increase significantly over time (and many of us still have a lot of time on the clock)! Living more sustainably by simply turning off lights, being smarter about transportation costs, and the manner in which we shop for and consume foods, we can reduce our carbon footprint by leaps and bounds and in turn save ourselves big in-the-bank dollars. Ride sharing, taking public transit, using Uber and Car to Go are all examples of how you can save money on your carbon footprint on the transportation front. Food as fuel? Think about it: whole foods don’t come in packages. We are able to compost that which we don’t consume in whole foods. This in itself reduces your carbon footprint.
There are far more money and minimalist tactics we can use on the day to day to save us dollars though these 5 are a great start that you can start applying today. If you have any you yourself follow, I would love to hear!
Big love, finance + flow,