6 Ways to Apply Decluttering Principles to Your Finances - Deepstash

Bite‑sized knowledge

to upgrade

your career

Ideas from books, articles & podcasts.

published 6 ideas

6 Ways to Apply Decluttering Principles to Your Finances

becomingminimalist.com

Identify what matters to you

Managing your finances and budgeting is all about removing the unnecessary so that only the essentials remain, similar to minimalism.

Other than financial necessities, in order to easily manage our finances, we must identify the purchases that matter to us because it's eas...

STASHED IN:

28

You should never force yourself into a tracking system for your spending habits without examining your purchases and purging those that aren't working for you.

Even if you track your spending but you spend more than what you can afford, you're only giving yourself a false sense of progress...

2

STASHED IN:

22

Remove the daily, weekly, or monthly purchases that are not important to you or that you simply will not miss such as that extra charge in your phone plan or your gym membership subscription.

2

STASHED IN:

21

Assign your money into a savings category in order to be prepared for both expected and unexpected expenses.

Some saving category ideas:

  • Emergency funds
  • Retirement savings
  • Fun money.

3

STASHED IN:

25

Managing your finances should be a daily habit. Make it a part of your daily routine to log into your bank account, check your balances, and look over your purchases.

This will not only help you keep track of your money but you'll also be able to keep yourself updated as to what your mone...

2

STASHED IN:

20

Both minimalism and budgetary wellbeing require standard upkeeps.

Neither process is easy to work and it is something that requires constant attention.

1

STASHED IN:

21

1 Comment

Discover and save more ideas by creating a

FREE

Deepstash account.

Develop a

reading habit

, save

time

and create an amazing

knowledge library

.

GET THE APP: