This book will teach you how to budget your money, and still live an awesome life, without sacrificing quality of life.
A budget makes you think of diet. This book offers a different approach. You will not scrape by, and you will live in abundance. Money is truly a resource that we should all pay attention to.
Budgeting is about knowing what you need, so that you can live an abundant life. Minimalist budgeting is about being conscious of how are you spend money. Remember the primary purpose of your life is to be happy.
Most of us go to the store and buy things mindlessly without even thinking about it. Whereas, mindful shopping is where you know exactly what you want to buy, and why.
In order for marketing to work, it must make you feel like something is missing in your life. Therefore, as a minimalist consumer, you must be mindful of negative emotions. When making a purchase, make sure that you do that your research. You might want to purchase online, or use convenient stores.
Don’t make bad consumer choices because you didn't have the information.
Make sure to go shopping when you have lots of time. Know what you want to buy and why. Visualize having the product in your life. Will it benefit your life? Look at the workmanship of the products. Will it last long? How will your product look one year from now?
For example, if you buy bulk potatoes, you will save money. But peeling those potatoes will cost you time. You must look at the products prices in terms of time it will take you to earn that money. Think of how many hours you have to work in order to purchase a hundred dollar product. That’s how you should view the price of products.
We should not compare ourselves with others. Do not give money to marketers that tell you suck.
You must be mindful, and smart with money. Also factor in your time. The sweet spot is between what you want and need. Time is fixed, all of us only have 24 hours, so we have to use those hours wisely.
Work is trading you time for money. We must find a balance between time and money. A solid minimalist budget begins with time. Begin with 24 hours, then block out some time for exercise, meals, getting ready, and relaxation. This is your time budget.
Our spending habits are not in tune with our values and goals. Our lives are finite. You can't go into debt with time. When you choose to play video games for four hours, you are saying this is the best use of your time, instead of spending time with loved ones.
What value do things bring to our lives? Ask this question often. You may want to buy unwashed potatoes because the time you spend in the kitchen is quality time to you. You must factor in your values into your budget. What is most important to you? A budget must also take time into account.
If you allot an hour to something that is important to you, leave it and value it. If it's not important you can cut it. If you crave alone time, you must add that to your budget. If superhero figurines make you happy, add it to the budget. Always remember your values when making your budget.
If you spend 2% of your income on magazines, do those magazines add 2% value to your life? You spend time reading a magazine, about 1 and a half hours, does that add value to your life? Think about budget cutting as spring cleaning. Take away things that don't add value to your life.
S: Specific. Your goals must be clear and not vague.
M: Measurable. Your goal must be measurable to know how far along you are in achieving your goal.
A: Achievable. Your goal should stretch you, but it should be achievable.
R: Realistic. Your goals must be within the realms of your knowledge, time, and resources.
T: Time based. Goals have an expiration date.
Decide what your main motivation is. Do you have time to make food? Do you have money for food?
Eat fast food. If you are building a business, having food delivered to you can save you money and time.
Buy cookbooks. Buy a crock pot and eat salads.
Clothes have come to represent self-esteem. From a minimalist perspective, dress well and derive pleasure from wearing good clothes. The minimalist philosophy is all about focusing only on those things that serve your highest good.
Hire a personal shopper if you can or ask a stylish friend for help.
You don't have to spend a fortune to look good. Learn to sew if you have the time.
Enjoy it.
Start a health regime. Focus on your core.
Look at your schedule and make time for a health regime, because you only have one body to last a lifetime. Do research. See what you can do with the least effort to get the best health.
Invest in health. This is a priority. Look at videos on YouTube, they are free. Healthy eating doesn't have to cost an arm and a leg. Do your research.
Your home must be a tranquil place. You can save time by investing in appliances like a dishwasher.
The less debt you have, the better. If your debt is out of control, make sure to get professional help.
Find out what works for you. Don’t be miserly, balance your life. Save money and still have an awesome life. Remember that your values play a major part in your minimalist budgeting. You must know what is important to you. Look at your values, and then based on your values develop your budget plan. Take a long hard look at your life. What is truly important in your life?
Minimalism is about getting down to the essentials. Minimalism is about being real. It’s about being mindful with material things.
A minimalist budget is made up of a plan, time, money and values. Keep these things in mind. Don’t guess how much money you spend, know exactly what you spend your money on.
Focus on your goals and values. When creating goals make sure that they are SMART. Break down your goal into smaller goals, and focus on one goal at a time. Commit to your goals. Feel energized to achieve your goals. Read your goals daily. Constantly tweak your goals. Go slowly, step by step. If you feel like an item will truly add value to your life, get it.
Check on your core beliefs. Decide what's essential to your life. Live more and spend less. A budget must take into account your values. The goal is to match your spending habits with your goals and values. How do you want your life to be?
Minimalism is about getting down to the essentials. Minimalism is about being real. It’s about being mindful with material things. You can still budget and live an abundant life.
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