Several weeks ago my husband Thom began reading a blog post offered to him from LinkedIn. It started out with a catchy title but quickly slipped into a bad rerun of something from the Lifestyles Of The Rich And Famous. You may remember that TV show from the 1990s when everyone was hell-bent on buying big expensive everythings no matter what the cost. Even worse than the implication that you should own extravagant and expensive cars, the author suggests that you lease rather than buy. After all, when leasing you can start driving a more expensive car than you can actually afford. Perhaps even worse, in true 1990s speak he then started selling us all on attending his seminar and paying the large entrance fee where he would share his “wealth secrets” with all of us. [Read more…]
How Minimalism or Rightsizing Prepares You For Retirement
One of the stories I can vividly remember my father telling me years back was related to his pride at managing his money in retirement. At the time, both my father and mother lived on their social security and some modest savings held in a 401k. Dad frequently bragged that he lived better, traveled more, and seemed to have more fun than many of his friends who retired with big homes and generous pensions. From my perspective, at least at the time, their lifestyle seemed more humble and restricted than I felt necessary. Yet now, less than 20 years later, I recognize that their simple and minimal lifestyle afforded them tremendous benefits that millions of other “hope-to-be-retirees” could learn from—including myself. [Read more…]
Essentialism—A Better Way To Describe Minimalism?
I’ve been writing about the value of sustainability, simplicity and minimalism for over six years. Because it’s a big part of living SMART, I’m always on the lookout for ways to introduce new people to the idea and explain the value and incredible advantages that such a perspective offers. Maybe that is why I synchronistically stumbled across the word “essentialism” during a recent Internet surf about how to create more meaning and purpose in a person’s life. Author Greg McKeown uses it frequently in his best selling book, Essentialism—The Disciplined Pursuit of Less. And after reading the book, it’s possible that Essentialism just might be a new and better way of describing what so many of us seek when pursuing minimalism or a simple life. [Read more…]