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How to spend less money

A few years ago, I was in a good corporate job. The pay was six figures. I was also making another six figures with various side projects. Life was good - or so I thought.

And then I had to start getting into the minimalist movement.

Why was I spending all this money? Did I really need to have two cars just for me? Why was there a TV (with Apple TV no less) in every major room? And why was my closet and storage filled with stuff I never used?

So began my process of getting rid of almost everything.

There are 300,000 items in the average American’s home.

25% of people with 2 car garages don’t have room to park in them.

The average American woman owns 30 outfits. In 1930 it was nine.

How can we downsize? Easy.Break down stuff you have or want to buy into 3 buckets

  1. Stuff I need
  2. Stuff I want
  3. Stuff that would be nice to have

Three dangerous words you should avoid are “just in case”. 99.99% of the time your “just in case” overpacking or purchasing turned out to be totally unnecessary.

Start selling or giving the stuff away that you have not used in more than 6 months.

Try not to buy stuff unless the money is sitting in your bank account. Only use your credit card in emergencies.

Those are simple steps to get back your freedom my friends.

Check out this podcast, this site and this youtube channel.