Posts Tagged Money And Budgeting

Learning to manage money like a minimalist begins with your mindset. It starts with rethinking your impulses when it comes to your spending habits, the nature of the items you tend to buy in excess, the why behind your purchases, and the areas of your life where it makes the most sense to cut back.

In a world where everything costs far more than it should, doing the no spend challenge may sound difficult at first. However, trying the no spend challenge for myself was easier than I expected and helped me reframe the way I think about money habits.

In our current consumer-minded culture, it’s easy to fall into reckless spending habits, so I decided to try a low buy year to help me creak them. This is how the low buy challenge helped me transform my spending habits and changed the way I think about money.

Like a lot of minimalist-focused practices, living well on less money comes down to intentionality and mindset. Living well while spending less means you are truly aware of your finances while choosing to work toward (and achieve) financial stability. Minimalism has positively affected so many areas of my life, but the financial transformation it has brought about for me is priceless.

A minimalist budget is a financial plan that I’ve adopted over the past several years to help me simplify my spending and focus on the things that are truly important to me. I’ve been able to pay down all of my debt, stack my savings account, and overall have become a lot smarter about the way I manage my finances.