Implement Minimalism to Have More Money

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Implement Minimalism to Have More Money
Stefan Ivanovic

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Stefan Ivanovic

Jun 21, 2018

Implementing minimalism always leads to having more money in your pocket.

I bet you often look around your apartment and see a bunch of junk you bought that you never use. And that junk is where a piece of your money is being wasted month after month. Put it all on paper for a full year and it adds up.

Here are some things that you can do to implement minimalism and have more money.

1. Don’t go to the mall. I honestly believe this is the first step to saving yourself from unneeded expenses. Usually you get your credit card and decide that the best way to spend your free time is in a mall. Before you realize you are going from store to store realizing there are so many stuff you ‘need’. Another T-shirt, another pair of jeans, better branded this or that!

And of course, you get tired from all that endless walking around so you sit somewhere for a cup of overpriced coffee. Most of the time, and I speak from personal experience, I end up far more stressed than I was before. Plus, I have less money than I did.

You don’t have to do something productive and use 100% of your day. You just have to focus on those activities that make you feel better about yourself and are preferably free.

2. Sell stuff. This one is pretty easy through eBay. I bought a new bicycle while still having my old one. It was not good for many reasons, but I just kept it around in the basement until I finally decided to simply sell it. In the basement it had $0 value and after selling it I got $50 that I simply used for that weeks’ worth of groceries.

If you are impulsive clothes buyer, then you probably have many stuff you don’t wear anymore and you can easily sell that also. So what if you paid $50 for a shirt you wore 2 times? Sell it, no matter the price and you will get some value in money back.

3. Don’t waste time. If you are not spending your time in the mall or browsing Amazon, you are just free of all the possible stress that comes with buying stuff. More time means that you can actually do something with it.

Maybe get a part-time job? Thing about the amount of hours you spend every week working. Those hours are getting you paid. After that, you turn around and spend all the money (time) on things that often don’t make you happy and grateful for a long time.

So you just spend some more and never interrupt a circle of working hours that you trade for more hours during which you spend money. Basically, let’s say that you HAVE TO spend hours working. But you DON’T HAVE TO spend hours spending money.

4. Think in advance! What do you want? What do you need? Why do you need it? For quite some time I’m leading an internal battle on buying a fitness tracker. I like to train and I think that fitness tracker is going to help me improve my training. On the other hand, maybe my passion will only turn into number of heartbeats and calories and take away all the fun out of training because I’ll be too busy looking at the numbers.

As I do massages for a living, I can’t carry fitness tracker during my working hours (8 hours a day), so when do I wear it then? Only when I train?

As long as you can’t clearly see an applied value of something you buy, just don’t buy it!

 

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