Financial Friday: Minimalism Saves Money

I posted the video above on YouTube earlier in the week. Minimalism is something that I have always been into but haven’t practiced until recently. Growing up and having almost everything that you want, you start to take things for granted. It wasn’t until I stumbled upon the vandwelling and tiny home movement that I realized that this was my destiny all along.

In the past few months I have given away and sold a lot of my things. I had stuff that I’ve kept since high school and that was almost 10 years ago. Since then, I accumulated so many more things and it was really impulse buying. I would go to the stores and because I had money, I would spend it. I knew that I wouldn’t use or wear the things I bought but I bought them anyway. Most of those things, I no longer own.

I always wonder if I had a better sense of finance at a younger age, would I be in the financial state I’m in today? If I had lived a minimalistic lifestyle and only bought the necessities, would I have a savings or be able to afford a vacation? I think about these things often.

Advertisements on television are targeting certain groups of people; minorities and millennials. These two groups typically have no sense of financial knowledge and tend to fall into the trap of sales or products made to seem like “necessities”. I have fallen into that trap numerous times, seeing as how I am a minority and a millennial. My parents had no financial knowledge growing up so there was nothing to pass down to me or my brother.

I had to learn on my own about budgeting, not buying things just because I can, and that having a lot of stuff just shows how much money you wasted. I have been on a serious purge lately, getting rid of things that I have not touched in years. I am a huge fan of getting rid of things now and not buying new things to replace the old ones. I know some people have the philosophy that they will only buy something if they get rid of something to replace the new item with. That is absurd.

I got into minimalism because I had a bunch of crap, to put it plainly. If y’all could see some of the stuff I got rid of and how long I’ve had it, you would be surprised. Check out the video on my latest purge below.

What I am learning about minimalism is that the less you buy, the more money you have to pay off debts, which is something that I am doing. Being debt free is a huge goal for me and I really want to do that so I can afford an RV or tiny home in the next few years. With that, being a minimalist is a must. Both of these types of homes are small places and you can’t have a lot of stuff.

I want to really get this message out to my people that we need to stop buying stuff just because we can. We need to be satisfied with what we have and stop accumulating useless things. I encourage everyone who reads this to pick a day that you are off and go around your house. Pull everything out that you own and sort it into different piles; things you need, things to give away, things to throw away and tings to sell. You can thank me later.

Financial Peace and Minimalism,

Afro Hippie Vegan

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