7 minimalist lifestyle tips to save you money

by admin

Not only changing the way you look at life, a minimalist lifestyle also saves you considerable money. 

Practicing minimalism is an ongoing process. You will always be looking for ways to improve and modify your lifestyle. Learning darkism means that you are choosing to live more focused on the things that are meaningful to you.

1. Experience life more

Minimalism prioritizes experiences over material purchases. Some people value the memories created from the trip, more than racing with the latest trends. 

The first thing you need to do is determine your desires, then spend purposefully. 

Minimalist lifestyle can help you cut excess budget expenses. With that, you will have a new “additional budget”. With this money in mind, think very carefully about where you choose to spend your money. 

For example, you can save money on coffee by making your own at home and taking it out. Then, use this money to invest in a weekend with family. You’ll find yourself saving more, and spending less time on wasteful things. 

2. Invest in reusable items

When starting to redecorate your home, consider which products can be reused. Some simple changes can be made right away, such as swapping out a disposable water bottle for a reusable glass one. 

Or, even bring a straw made of reusable materials every time you go to the coffee shop or bubble tea. To protect the environment, stores now have a lot of discounts when bringing your own cup. Not only is it good for the environment, you also save some money. 

3. Regularly check your life

Take the time to assess your current spending habits, then check on them continuously. Always cut out things that take up space, or events that drain your energy. 

As you become more comfortable, you may find yourself wanting to get rid of the things you once thought you couldn’t live without. For example, a kitchen with too many utensils can become useless if you only get the same item every time you cook. Cut down on things you don’t use to get more cooking space.

4. Minimalist lifestyle helps you save more by cutting meaningless expenses 

Vietnamese spend an average of 10-20 million VND per year on unnecessary purchases. When you double-check your budget, you can cut out a large portion of these expenses. 

For items you don’t want to get rid of completely, look for more economical alternatives. Instead of buying a branded shirt, still the same brand, you can buy second hand. Today, there are many shops selling used but still new items of famous brands. 

5. Free up time for extra income

One of the biggest benefits of minimalism is having more free time. Instead of spending hours and hours cleaning, organizing, maintaining, fixing things; you have more time for other goals. 

Whether you’re working hard paying off debt, building a savings account, or funding early retirement, minimalism will help you make the most of your time to earn extra income. 

6. Let go of what you can’t control

Letting go of the things you can’t control seems easier said than done. To find that balance, start by focusing on the things you enjoy doing or own. 

Once you’ve narrowed down to what’s most important to you, focus your energy on that. Being grateful for what you have will even help reduce expenses. You may find yourself reusing old items, rather than wanting to buy new tools. 

For example, appreciating clothes that are old but still new can help you shop less. What’s more, they can be unique items only you have. It also makes you more special. 

7. Appreciate what you have

Practice gratitude and focus on the positives. Instead of spending time on social media, write down three to five things you’re grateful for. Doing those things after waking up every morning can put you in a positive mood. 

In addition, it also helps you prepare for the new day effectively. Being grateful for what you own can reduce the urge to overspend on unnecessary items. 

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