“Invest your money in experiences, not things.” – A Minimalist
Minimalism is a lifestyle where you live with few possessions and it’s essentially about cutting out the bullshit from your life so that you can focus on the things that truly matter.
By choice I live a minimalistic lifestyle because I love simple living.
I have a simple job,
I have simple hobbies,
I have simple friends,
I have few possessions,
But I enjoy many experiences!
I have a job that pays me $2,000 a month, but I know how to make that money go such a long way because I only spend it on experiences that truly matter to me.
Rent – $300
Food – $300
Phone – $150
TV & Internet – $10
Debt Repayments – $150
Bus Pass – $45
Gym Membership – $20
Other Debt – Pay as Required
Income minus expenses:
Now with the remainder I choose to do one of 3 things, and those 3 things are:
• Spend on fun with my guilt free spending money
I choose to invest 200 dollars a month into bitcoin and save another 400 into my regular savings account.
With the remaining 400 dollars I choose to have fun and spend my money on experiences because I’ve realized I don’t need very many possessions.
With my 400 dollars I buy,
• Coffees from Tim Hortons, Starbucks, Bridgehead, and some local places.
• Books that quench my thirst for knowledge in areas such as building wealth and enlightened spirituality.
• The odd meal out from places like McDonalds, Subway, Harvey’s, Lorenzo’s Pizza and more.
• I have a monthly ITunes subscription that gives me access to all the music I could possibly want.
• I spend money on my hockey fees so I can play hockey and I also buy equipment as needed.
• I perform acts of kindness with my money as well when I feel inspired to do so.
I have a lot of good things in my life and I realize that I have plenty of abundance already. The best way to be abundant is so spend money on the things that matter most.
How I spend my time is just as important as how I spend my money.
I spend my money and make that go a long way, and I’m happy to say I don’t have too much free time – so I like to use every moment wisely.
I’m a relatively busy person compared to a few months ago, so I value my time a lot more than I used to.
Before I started working again I had too much time on my hands, so much that I didn’t know how to make it meaningful.
Now I budget my time the following way:
Sleep – 8 Hours
Work – 8.5 Hours
Transportation to Work – 4 Hours
Free Time – 3.5 Hours
Weekends – Free Time – 16 Hours a Day
I essentially have free time for just 1/7th of the time which makes me want to make the most of the time I have.
My goals for New Years include,
• Financial Turnaround
• Success at Hockey
Other than that I don’t need that much out of life.
I think the happiest people are those that don’t ask for much and enjoy what they have – Gratitude is key!
Until next time,