And other questions to ponder if you’re interested in saving money.
Is it more frugal to be a minimalist or a hoarder?
Excerpt:
When minimalism peaks one’s interest, people tend to get rid of things, sell their stuff and make some extra money. They also save money because they try not to go out and buy new things. They have less possessions, which allows them to live in smaller spaces and save money on rent or mortgage payments, electricity, and reduces their carbon footprint. Chances are they shop at thrift stores, which also helps local economies and recycles items.
Do some people go overboard with “extreme couponing”?
Excerpt:
Having 1,142 Jell-O boxes is insanity. Hell, if you have more than a dozen, I might give you a questioning look and a shake of the head. Cheese might last, meat tends to go quickly, and 200 bags of frozen veggies are probably safe to keep for a year or a bit longer. I wonder where all these coupons come from, though, and also wonder how much off their spare time is spent on getting these “great deals.” Maybe they’re sacrificing family time or neglecting housework.
Can spending less make you happier?
Excerpt:
When you don’t spend, your focus shifts to finding experiences. Great experiences stay with you. And those experiences are what last and will make you truly happy, not possessions or the next fleeting entertainment rush that come and go.
Excerpt:
There was a time when I wanted “stuff” – a nicer car, a bigger television, a newer computer, but now I’m “over” that stage in my life. Seriously. I just want to enjoy the “stuff” I already have, hang out with my family, and live life.
It’s funny how, over time, our priorities change. Even with our new home, we bought a few things – some new furniture for the den and some decorative items for around the house – but we didn’t go crazy. In fact, one of our goals was to minimize the clutter. We sold, gave away, or disposed of anything that didn’t fit with our new less-is-more approach to living, and we are really enjoying the outcome.
Related:
Higher Incomes, Less Happiness
Dollar Store: Great Values or Total Waste of Money? And 5 Other Consumer Debates