Simplifying starts with tentative baby steps. Your first step is always the hardest. However, after you get started you’ll be off and running in no time.
For example, at the beginning of 2008 Logan and I sat down and decided we were going to live a minimal, debt free life. Writing down our goals was one way we paid off our debt quickly. We also implemented a number of money saving strategies into our routine.
Below are 51, simple, micro-actions you can use to spend less and save more. Some of the tips are really easy to implement, while others might take more effort.
1. Live within your means. Don’t buy stuff you can’t afford. This probably sounds like cliché advice, but how many people do you know that charge stuff on their credit cards all the time? Know the true expense of items by converting the price of stuff into your labor cost to earn it.
2. Stop trying to impress and please other people.
4. Take care of your stuff.
5. Cut your own hair or have your partner do it. Do you really need to spend $50 on a hair cut, or can you do it yourself?
6. Plan in advance. Planning drastically reduces the dreaded impulse buyer regret. For instance, make lists before you go grocery shopping and research the best deals for things like clothing and food.
7. Research value, quality durability, and the price of products.
8. Sell your car.
9. Don’t purchase cosmetics, wear minimal make-up, and use a straight razor.
10. Barter and share your stuff.
11. Decrease your housing costs. If you’re paying an excessive amount to “own” or rent, take some time to evaluate the value of your location and the space you use.
12. Learn about minimalist home cooking.
13. Embrace the idea of a staycation. [click to continue…]