Minimalism is defined in different ways and contexts. No matter which one you follow, it comes down to simplifying your life and learning to live with less. The purpose of a minimalist lifestyle is to help you get rid of the things you don’t need so you can focus on the things that bring your true enjoyment and happiness.
When we look at it in relation to your finances, the same method can help you simplify your life and prioritize your goals. By having fewer things, you clarify your core values and identify which goals are most important. Not only does this eliminate all the unnecessary things from your budget, but it also forces you to become more intentional with your finances. But before you fully immerse yourself in the minimalist lifestyle, you first need to determine your reasons for wanting the change. Then, you can make a plan that will work best for you.
This post originally appeared at Saving Advice.