How to live simply

The key to having more money in your household may not be shapeshifting your budget and cutting back. The secret might lie in a more fundamental place. Instead of tweaking your balance sheet, maybe it’s time to do a little soul searching to see if you can change the way you perceive the world around you and its material simple

Living simply will not only mean getting your dollars to go further- it’s about being happy with what you’ve got- which is no small order in today’s instant, buy now and worry about it later world.

Your home

Tiny living is all the rage, and for good reason. People are eschewing vast dream homes for smaller, simpler spaces that don’t force them to compromise. Now no one is suggesting that you need to move your family into a 200 sq. ft. space, but the principle is relevant.

Do you really need all of your space? Maybe downsizing your home would streamline your life and free up some cash flow for other things?

Or at least make your space make more sense by decluttering. Getting rid of clutter will make you value “space” over “stuff.”

Redefine yourself

We tend to identify ourselves with what we wear, drive or own. How about you start identifying yourself by your qualities (both to yourself and to others)?

Don’t spend your money on building your image. Spend your money on things that matter to you (the real you).

You can’t buy happiness

Cheesy but true. If you were to make a list of your top three priorities, chances are none of them are for sale (with the exception of bribery).

Many people shop and accumulate stuff to counter various shortcomings- boredom, lack of control and low self-esteem. The things that you actually need- and that are of true value- are your friends, family, health and your interests/passions without the price tag.