My fascination for a minimalist lifestyle began when I was swamped in debt. In 2014, my nascent career hardly provided the means to cover my debts, making frugality a necessity. However, having repaid my debts and attained financial stability, I’ve come to appreciate the merits of a modest lifestyle. Economizing isn’t necessarily a drawback. In fact, it may contribute to a happier existence, devoid of additional financial pressure. Crucially, it opens up room to save more and stay debt-free. If you’re considering sizeable cost cuts of up to 30% or 50%, consider these seven tips to maintain a fulfilling, affordable lifestyle.
EMBRACING COMPACT LIVING AND ORGANIZING YOUR SPACE
While miniature houses are charming, they’re not my go-to living space. Nonetheless, my own home is pretty cozy, spanning around 1,300 square feet. While our house size suits us perfectly, each family must determine what works for them. Smaller homes are beneficial in that they’re easier to maintain and become cluttered less frequently. This helps us think twice before purchases, saving us money in the short and long run.
Limited space has honed my expertise in smart organization. We’ve made the most of our home by adding floating shelves in the bedrooms, storing out-of-season clothes in the attic, tucking away shoes beneath my bed, and utilizing a storage bench for extra blankets. My mantra is vanishing clutter from sight. Despite the lack of space, we managed to arrange a pantry using utility shelves tucked away in a vacant closet.
A modest space shouldn’t stifle your creativity. Make your home inviting and reflective of your personality with innovative interior.
CONSOLIDATING YOUR BELONGINGS
A minimalist lifestyle often necessitates integrating and decluttering your possessions. Thankfully, my upbringing involved regular decluttering exercises, which have become a lifelong routine for me. Reducing my belongings several years ago was a milestone decision, making my life more organized and less chaotic.
A recent read, Declutter Like a Mother by Allie Casazza, was a revelation. Casazza articulated how decluttering imbues your living space with positive intent, obliterating the usual stress and anxiety that clutter generates. This enlightening book expounds on consolidating your belongings based on your personal values to create a contented, clutter-free environment.
FINDING THE BEST DEALS
Despite an economical lifestyle, shopping is inevitable. Now, you should harness your bargain-hunting skills for discounts and offers. I constantly look for clothing discounts and used products. As an example, we resorted to used gardening equipment when landscaping our new home, saving a lot on expenses.
With advanced technology, it has never been easier to find a bargain online. Mobile applications like Rakuten, Ibotta, and Fetch Rewards offer cashback options and grocery rebates.
APPRECIATING NATURE
Money can’t buy happiness. Embracing your values enables you to find joy in a frugal lifestyle. Indulging in outdoor activities or exploring nature will give you a much-needed respite from your everyday routine. Enjoy a picnic with loved ones, embark on a biking trip, or camp out under the stars.
Certain inexpensive outdoor activities can significantly elevate your mood. For example, I recall spending merely $10 on a badminton set and having an exhilarating game with my family.
PRACTICING DAILY SELF-CARE
Regardless of your lifestyle choice, self-care is always indispensable. Fortunately, it doesn’t necessarily require considerable time or money. Focus on activities that boost your mental, physical, and emotional health, rather than draining you. Regular exercising, meditating, and maintaining a healthy sleep cycle are some examples. Try incorporating some quick self-care activities into your routine to prioritize your wellbeing without breaking the bank.
SEEKING FREE ENTERTAINMENT
Plenty of free or frugal recreational activities abound in most localities. You need not splurge on entertainment every week. Seek out local restaurants’ happy hours, trivia nights, and free local events and attractions. Check your city’s website, local library, or parks for events.
FINDING LIKE-MINDED FRIENDS
Having like-minded friends who value frugality and simple living is crucial for maintaining a modest lifestyle. With such friends, you needn’t fret over exceeding your budget or succumbing to societal pressure of fitting in.
WRAPPING UP — PRIORITIZING CORRECTLY
It is certainly plausible to lead a blissful life with minimal resources. The key to balance lies in finding contentment in what you have, understanding your budget, and discerning needs from wants. Remember, it’s possible to enjoy a fulfilled life through creativity, cost-effective solutions, and habits that save money. It’s all about the right mindset!
