Life is easy without money
Living with little money: 10 + 4 incredible savings tips
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While some show off their bling-bling, this is out of the question for others. A life with little money can be born out of necessity. Students know this all too well and often have to manage with little money. But more and more people are consciously choosing a life with little money. Because the return to the really important things has many advantages. And with the right tips, it's not that difficult. What you need to know about the new trend and 14 brilliant tips for saving money ...
➠ Content: This is what awaits you
➠ Content: This is what awaits you
Live richer with less money
More and more people, young and old, are concerned with the question of how a life with little money is possible. This is often based on an attitude that is critical of consumption. A life with little money in old age may not sound tempting at first. In fact, it does not necessarily have to be due to old-age poverty, but rather a conscious decision. The western industrial nations have developed into downright throwaway societies over the last few decades.
And that has an impact on many areas: an increase in plastic waste, the outsourcing of industries to cheaper manufacturing countries, a shorter half-life of clothing, furniture and various consumer goods. But is that always necessary? Our own consumer behavior is often related to work: the more we earn, the more we afford. Advertising and role models also lead us to believe what we absolutely have to buy. It is not uncommon for people to end up in the debt trap. And the view for the really important things is blocked. Real wealth is not tied to property - at least not as long as basic needs are met.
How can you live well with little money? 14 tips
Do you want to spend less money? Then we'll show you how you can live a low-budget life with these 14 tips:
Get an overview
Frighteningly few people have no or only a rough overview of their monthly expenses. But you cannot consciously be thrifty if you have no idea what you are actually spending. Therefore, first and foremost is the overview of the fixed costs. The biggest chunk is usually the rent, but other running costs such as various subscriptions should not be underestimated. List everything.
Review the expenses
The next step is to check which of the running costs you can reduce or even discontinue:
Some people are insured up to the roof. This may include insurance policies that no longer make sense or are available at significantly lower prices elsewhere. Liability insurance is indisputably important.
It is also possible to save on rent: It is cheaper if you move in with your partner or live in a shared apartment. In addition, an apartment in rural areas is often cheaper than in the big city. Even if you have to commute to do so, it can be worth it by switching to public transport.
There is additional savings potential in public transport if you purchase a monthly pass. Frequently taking the bike instead of the car or walking on foot is also beneficial for physical fitness. If the transport connections or the way to work do not provide any of this, carpooling is a good way to act ecologically and economically.
Electricity providers, internet services, streaming services such as Spotify or Netflix, cell phone contracts: Put everything to the test: real savings artists even pick up an instrument and make music themselves.
Adjust your mindset
Are you unsure of all these savings? A life with little money requires changes. Be it that you need to reduce debt (or want to avoid it) or that you want to change the way you consume. In any case, you have to part with things and beliefs - for example the belief that it always has to be the newest smartphone.
In a single household, it may not be so obvious. But if you cook for several people at the latest, you will find that, measured against the quantity, fast food and ready meals are really expensive. Cooking fresh is much cheaper and healthier at the same time. Ideally, you cook in such a way that you use leftovers from the previous day the next day, freeze them or do not use them at all.
Drink tap water
Many people drink water from plastic bottles. The water from plastic bottles is not only unhealthy, as plasticizers are often released into the water. It is associated with haulage and costs. Unless your house has old pre-war lead pipes, you can save yourself both by drinking tap water.
Save your money
Living with little money doesn't have to mean you don't have one - you just don't spend it immediately. Instead, invest wisely. Be it that you invest money in a pension plan, set aside for larger purchases (washing machine, refrigerator) or save for further training.
Go to nature
Many leisure activities are used for regeneration and are free at the same time. That can be the quarry pond in summer, a trip to the nearby castle ruins or a walk in the forest.
Do weekly shopping
It is best to plan your shopping for the week in advance. A look in the refrigerator and pantry will help you determine what you absolutely need. Work with a shopping list. The weekly one-time purchase prevents impulse purchases, in which money is spent on (mostly pointless) things that you could save.
Pay attention to quality
Quality pays off in the long term. A high-quality T-shirt may be more expensive at first, but it lasts longer than a 5-euro shirt from a cheap chain. Better to buy less, but better quality.
If you want to live a life with little money, you need discipline. Advertising, celebrities and even friends and colleagues suggest through their consumer behavior (sometimes unintentionally) that certain products are absolutely necessary. We are exposed to constant temptations, an entire economic sector lives from making things palatable to us. Not pursuing these is almost the most important tip for a life with little money.
Consciously living frugally: frugalists & minimalists
You can live well with little money. Various movements almost celebrate this, numerous forums and blogs deal with the topic, provide suggestions and tips. For example, frugalism is a movement that arose out of the consideration of being able to lead a full life at a young age instead of working. Why postpone everything until retirement - the fun, the time for friends and hobbies? Frugalists put money aside at an early age and consciously want to live frugally in order to be able to retire earlier.
There is overlap with another trend, minimalism. Minimalists are the opposite of messies. Instead of hoarding everything or even buying it in the first place, it is given away, thrown away and it is considered whether the investment is necessary. The focus here is on consciously avoiding consumption, while it is more of a side effect among frugalists. However, followers of both beliefs demonstrate that a life with little money is effortlessly possible.
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