A decade ago, I was a shopaholic living paycheque to paycheque and relying heavily on credit cards to support my inflated lifestyle. I had no savings and I felt like I was spiralling out of control.
Before we get started, I think it’s important to mention that minimalism doesn’t automatically save you money—especially if your definition of minimalism is centred around owning as few things as possible.
I learned to stop mindless shopping because very few things seemed worth the sacrifice of my precious time, money and energy.
After decluttering my life, I was able to downsize from a two-bedroom townhouse to a small studio apartment, which cut my living expenses by more than 75%.
This means I’m no longer looking for quick and easy purchases to help me survive. Instead, I feel empowered to make mindful choices that align with my values and save me money.
I learned how to get out of debt and save money by making small intentional choices every day to have more of what really matters most to me.