Hello Everyone, Namaste 🙏☺️
Today's era is filled with abundance of various choices including lifestyle, necessities and luxuries. There is a blind race and self obsession with desire to have a luxury life if not atleast own things considered as luxury. When a person falls into the likeness of such items or accessories considered as high lifestyle choices or elite class, they tend to urge the fulfillment of these aspects into their life. This can cost a lot of time and money regardless of the real nature of such prosperous deals.
That's the real nature of today's human life, running after the desires at the cost of necessity moreover at the cost of sanity as well. Because the obsession of having a high influenced life, being in the elite group of people, showing off around is very common now a days. People are trying to Run a Race in which eventually they are not a participant of then also trying hard to get in the race track. That's where having a better approach such as being Minimalist came very handy.
Many people consider minimalist lifestyle as absence of luxury and living on just simple things. But minimalist is about Quality over Quantity. It doesn't not have to be consistent with the numbers game but it's about choosing right means and focus on things bringing better quality regardless of the nature of such things. Even a Rich person have minimalist way of living. Minimalist require to spend their time and money only on things of high quality and of greater important.
For a common man, being a minimalist means spending on necessities and avoiding the extravagant lifestyle. But he doesn't compromise with quality in his necessities. That's a line between minimalist and miser in layman's term. Being miser ans Minimalist both are different concepts. However one should be careful and attention as we often tend to move towards misery from being Minimalist.
Budgeting is one of the important tools that we tend to apply in our finances. It can have different meanings and approaches for different people depending on their lives. One should never compromise with quality of life and quality doesn't to be compared with Riches only. A simple example to understand this is, let's assume two persons A and B. Both are colleagues and have same Pay checks. However A comes to office in Mercedes or BMW while B comes to office in an ordinary SUV. This doesn't imply B can't afford a Mercedes or any other luxury vehicle. But if he considers a vehicle as only a means of transport and doesn't consider it a tag to justify high Status, it's his choice. Now coming to A If he is owning such an expensive Vehicle just for the sake of Showoff and it's impacting his finances heavily, he gonna get into a lot of debt. Same as this there are many examples in our everyday life where we end up buying and making lifestyle choices on the basis of impressing others. Such haste can cause trouble in our budget and savings.
Moreover managing our finances and budgeting out expenses with a minimalist mindset will lead to high satisfaction and state of mindfulness. This will also give us a sense of security and relief, preparing for any unforeseen emergency in life. With increasing presence of social media and celebrity influence in our lives, we should definitely keep check on our expenses and try to adapt a minimalist path.
So What's your style of expenditure? How you choose spending between desires and needs? Let me know in comments section.
This post is in response to today's Inleo writing prompt. If you are looking for topics to write on, do checkout the post for March month monthly prompt here: @leo.tasks/february-inleo-winners-march-monthly-prompt