9 Ways Minimalism Will Save You Money in 2025

I didn't get into minimalism for the financial benefits.

Initially, I was drawn toward a simple lifestyle with less so I could breathe in our home again.

Minimalism promised less stress, less housework, and less anxiety. It guaranteed more down time, stronger relationships, and just an overall lighter life.

I've gotten all that and more.

When you stop striving to accumulate more and start enjoying the things you have, you build breathing room in another important area of your life—your finances.

While financial health is certainly worth pursuing, it isn't directly encouraged by our culture.

“Marketers are really impressive in their ability to manipulate the mind and create a need or perceived need out of what was a want,” Dave Ramsey said in the documentary The Minimalists: Less is Now. “We live in the most advertised to culture in the world. Hundreds of millions of dollars are spent telling us we need this, and it has an effect.”

In fact, the amount of money spent on advertising in the United States has increased from just over 5 billion dollars in the 1950s to over 240 billion dollars today. Advertisements feed us the lie that we, at our core, are not enough and if we only had that new beauty product, those new boots, or that new car, then we'd finally be complete.

And so we buy things, often without much consideration, in hopes that our next purchase will fill that void. But it never does. And our bank accounts take hit after hit.

Consider the following statistics:

· The average American has four credit cards in their wallet.

· The average debt for indebted households is more than $16,000.

· Americans spend more money each year on shoes, jewelry, and watches than on higher education.

· As of January 2023, 60 percent of US adults, including even four in ten high-income consumers, live paycheck to paycheck.

When we're bated to believe that happiness lies in the next purchase and newer and bigger means better, we're conditioned to spend.

Several years ago, our family lined up well with these “average American statistics.” Four credit cards, check. Debt that well exceeded $16,000, check.

When we decided to embrace minimalism, we began questioning our buying habits, examining our beliefs about our stuff, and began letting go instead of accumulating more. Today, our credit card debt is gone, our cars are paid off, and we're able to live off one income.

Can aligning your lifestyle with the “less is more” mindset of minimalism pave the way for financial peace?

Absolutely.

Here are 9 ways minimalism will save you money in 2025:

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