Thinking about the comment “living with less” often translates into stripping down the things you have in your home, selling them off and having a mattress on a floor, with one lamp and very little in the way of buying capability or flexibility.
In actuality, you can look at living with less as a way to justify saving money, not that you need to do that.
Saving money and living with less aren’t necessarily a bad thing depending on perspective and how you define both. We all know saving money is paramount, but you can’t overlook the hows when you think about setting aside cash for anything from that proverbial rainy day to retirement.
Living with less just means that you have what you want, need and still can enjoy life when it comes to spending but perhaps just modifying how you spend so saving is truly possible.
Those of us who have a substantial savings account and are saving for retirement feel relief and don’t mind living below our means or cutting from our expenses without actually losing out on services or products.
They simply adapt.
Take your cable television for instance.
You can cut that $200 per month bill and not sit in front of a blank television or computer. You can look into much cheaper streaming services and get your news from the internet, since you’ll need that service for streaming. All in all, you can save 50 percent off your total monthly bill for television and entertainment, minus completely blacking out that service.
Clothing is another source of fun for most, but when you think about shopping, some would argue that is a habit or a trend that is bad for business, your business specifically of trying to save money.
Remember that used clothing isn’t taboo or stores that sell designer or brand names for less aren’t about your dreams of shopping off the rack but instead simply means you’ll have to work a little harder for your clothing line to be as you would have hoped, minus the high end price tags that are tearing into your budget.
The most important part of living with less is realizing that it isn’t a bad thing, nor does it mean you have to miss out on the finer things in life. Instead, it’s about adjustments and taking hold of your financial future and not being driven by possession but rather possessing the find of assets in the form of money saved that matters most.
Previous: Cheap Safe: Living frugally means smart business Next: Sampled-Sized: How to save money on smaller things