Minimalism Improved My Finances

I didn’t always have minimalist tendencies. Although I never considered myself a collector, I had a lot of clothes and furniture in college, and the size of my book collection growing up bordered on the follish. Becoming a minimalist was not in my head before.

However, in recent years, collecting large amounts of things has not really been on my agenda anymore, it just no longer had the same appeal as it used to.

I didn’t realize that my new feelings were called minimalism until I started to free myself from debt and realized what a great advantage my natural habits were and how much they could help me if I was ready to give them up a little.

Minimalism Helps Me To Keep My Budget

When I started to get out of debt, I knew that I had to cut my expenses and set a budget. I also knew that I had to get a grip on my shopping habits.

Although I no longer enjoyed collecting a lot of material goods, I still had a bad habit of buying silly things like magazines and sweets, which at the end of the month was a huge waste of valuable money that could be used to pay off my debt in the amount of 38,000 last.

So I created a budget and challenged myself to reduce all the garbage, for which I paid a lot of money.

The effect was incredible. In the last 17 months I have given up almost all these silly little money-wasting habits that I had, and not participating in them has cleared my mind and my home. I used to get so frustrated with all the things I was hanging around the house. Receipts, packaging, magazines, flyers and the like were the bane of my existence.

Now this stuff never comes into the house, because I don’t buy it at all. As a result, a lot of money was released in my budget, which I spent on paying off my debts.

Minimalism Helps Me To Increase My Income

When I realized how much I love simplifying my life, I started looking around at all the other things in my life that could be simplified. I had a lot of furniture that, after leaving the city, did not have enough space on my new 400 m2. checked. Ditches.

So I sold it. Not only did I make a little more money on furniture that I didn’t even use, but I also cleared a lot of storage space.

Minimalism helps me reduce debt

By reducing my expenses and selling additional goods for which I had no use, I suddenly had more excess money at my disposal. Therefore, of course, it made sense to spend this excess cash on debts. My cost of living is now lower than I thought it could be. Instead of spending all my income on clothes or furniture or a big, expensive rent, I spend it on debts.

If I really want a book, I will still buy it, but I will get the e-book version, and I will enjoy it all the more because it will be the only thing I will buy this month.

The funny thing is that even though I have drastically changed my drinking habits, I am still just as happy or even happier than I was before. Having healthier finances made a huge difference in my peace of mind, as did the step of the consumer’s hamster wheel.