6 Steps to Go Minimalist with Your Finances

There’s a new trend sweeping the nation.

And it’s something that is changing the way we operate as a society.

Instead of focusing on more – more gadgets, more toys, more consumerism – our society is dialing back.

And that is overwhelmingly positive.

People are going minimalist.

As you can tell by the name of this blog, we are big fans of minimalizing – learning to live with and be happier with less. And we think that you should be minimalizing your finances, too.

Here’s how:

1. Live On Less Money

The very basic principle of personal finance is to spend less than you earn.

So there’s no better way to practice minimalism than to take that even further.

Review your current spending and bills, and scale back.

2. Miminalize the Financial Hassles

Part of why minimalism makes people so happy is because it’s freeing. It relieves you of that unnatural obsession with “stuff”, and frees your mind for other, more important things. This provides clarity and peace of mind.

You can declutter your finances too by minimalizing hassles that you have to go through in the administration of your finances.

Instead of having three different bank accounts, scale it down to two, or one.

Instead of several credit cards, try just one or two.

This will free time and mental energy for more important things.

3. Cut Down on Financial Stress

Minimalism’s whole focus is to simplify. Therefore, simplifying your life to cut down on financial stress will put minimalism into practice easily.


Find something productive to do with your stress: work out,  review your spending, do anything to put your mind at ease with your money. That way, you are helping your finances become minimalist, as well.

Minimaism can be a huge game changer for people, and it can be for you, too. Start with these three things and keep on the minimalism path!

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