Show notes
As we talk through the relationship between minimalism and money, we highlight a few key topics:
- We start with a few definitions of what minimalism is.
- Stuff costs money. Less stuff helps your finances.
- The difference between being frugal and minimalism.
- Minimalism combats the pressure of lifestyle inflation.
- Most Stuff does not create happiness, beyond a certain point of some basic life needs.
- For many people, more stuff actually creates stress and unhappiness, but you don’t realize it in the moment. Less stuff = more happiness.
- There are many benefits to having fewer physical objects in your life, and we share those benefits.
- Use this time to re-think what really matters in your life and try to be more intentional about what you bring into your life.
- We share a few recent articles that are connecting what’s happening in the world right now with the corona pandemic to leveraging it as a time to define a new normal and bring more intentionality into our lives.
Our top 3 takeaways for this episode:
- Frugality and minimalism are not the same, but being a minimalist will save you money.
- Realize that stuff doesn’t create happiness. And whether you realize it or not, the more things you have, the more time and money it takes to maintain them.
- Take this time in the world to re-evaluate what really matters to you, and decide the value you place on stuff and why. Be more intentional.
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Show References
Minimalism Documentary on Netflix
Becoming Minimalist - Joshua Becker
Article: The Minimalists - Renewed
Article: Prepare for the ultimate gaslighting
Ministry of Supply - Maggie’s favorite dress shirts
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Other Links
Maggie’s Blog: Mostly Minimal Life
Mike’s Book: Your New Relationship with Money