After decades of shopping until we drop, many are finally turning deaf ears onto the "less is more" proverb, in the form of minimalist living. Committing to a minimalist lifestyle requires the following: one must get rid of almost all materialistic items and intentionally focus only on what matters. Removing any distractions that stops one from doing what they love, or requires extensive upkeep, is essential.
Most minimalists sell their homes, downsize, and possess little items. They value the freedom of being liberated of worldly possessions and unhealthy cultures. It invites the idea of consuming less but enjoying more. As a result, minimalists have fewer bills, stress, responsibility, and ultimately, they save more money. Nevertheless, transitioning from a regular lifestyle to a minimalistic one might feel a little extreme.
Although there is no harm taking on some practices that might benefit you in the long run, you might not be ready to commit to the minimalist lifestyle in its entirety. However, it is never too late to practice minimalistic spending habits. After all, learning ways to spend less means having more money when you really need it.
*Some of the links are affiliate links. If you purchase a product through one of our links, xoNecole may earn a small commission.
1.Multi-Purpose Items
Shutterstock
Instead of single-purpose items, buy multi-purpose items for your household. With multi-purpose items, you can reduce spending by stretching items that have multiple purposes; especially cleaning products and household items. Common household items, such as vinegar, dish soap, hydrogen peroxide, cinnamon, and baking soda, can be transformed into cleaning supplies that are just as effective (if not more) than the expensive ones they sell in the store. Mason jars can be used for storage or as cups. Peppermint leaves can be brewed as a tea for relaxation or repel bugs.
Having multi-purpose items in the home will reduce your need to spend money on the same products week to week. One of our favorite multi-purpose items is Dr. Bronner's Pure-Castile Liquid Soap (Target, $11). The 18-in-1 product has multiple uses and can clean your home as well as it can clean your body (just be sure to dilute it with water first).
2.Become Frugal/No Spend Days
Shutterstock
One of the easiest, yet hardest, ways of becoming a minimalist is spending less of your money. Sit down and create S.M.A.R.T goals of your monthly budget. Decide what rational number you can save monthly and devote the rest of your money towards bills. Of course, it is OK to indulge every now and then and buy that item you've truly wanted. But the whole purpose of minimal spending is to spend minimally. If you have an item you desperately want, consider what you'll allow yourself to have and consider saving the rest. If it is not essential than it is unnecessary. In addition, consider having days where you refrain from spending at all. This will stop you from spending the money simply because you have it. It'll also force you to budget in the short-term to prepare for a day without a swipe.
3.Invest In a Water Filter
Shutterstock
Let's be honest: I see you there with your packages of bottled water on the kitchen/laundry room floor. We've all been guilty of buying packs on packs of water bottles instead of the more expensive Brita filter. In our minds, we'd rather spend the $5 on the pack of water than the $30 and up on the Brita filters. But what if I told you that spending the $32 once will be cheaper than the bottles of water over time?
It's time to invest in a water filters and a reusable water bottle. The average American spends about $100 or more on water bottles every year. Reduce your carbon footprint and the hole in your wallet. Say goodbye to those endless plastic bottles and hello to your new and improved pitcher.
4.Do Laundry in Cold Water
Shutterstock
Doing your laundry in cold water is not only great for the color of your clothes, but it works wonders for your energy bills. According to the Smithsonian Magazine, 75% of energy in laundry machines are devoted to the heating of water. Add that 75% to the many loads you'll inevitably have, it tacks on $60 and up onto your utilities bill annually. Save your clothes from shrinkage and color fading, and save yourself from wasting your money: clean your clothes in cold water. It'll save on water consumption, energy usage, replacement of clothing items, and your bills all around.
That sounds like a win-win-win situation to me.
5.Pay Credit Cards Off in Full
Shutterstock
Most of our big bills resides in the repayment of loans. This stops us from ever being able to save properly because we are spending most of the time trying to stay out of the debt collectors' call lists. Take some time to budget out all of your debt, especially credit card bills. Then, pay that debt off as quickly, and as reasonably as possible. Keeping your credit utilization low by keeping your balance low and/or paid off each month will also aid in attaining and maintaining a healthy credit score. The faster you pay off debt, the more money you'll be able to keep in your pockets and bank accounts.
6.Pack Your Lunch
Shutterstock
Now, I know when I say pack your lunch, you read: meal prep. Though they have a similarity in the preparation of meals, it is important that you do not confuse the two. More often than not, meal prep results in the waste of food. Either the meal become redundant, therefore less desirable and more likely to remain in the fridge, or you end up failing to properly store the food. Regardless, consider getting items that can double as dinner ingredients and lunch preparation. The average American spends close to $3,000 ($2,746) a year from buying lunch. Save yourself $3,000 by making your own lunch at home and spend it on something you really care about, or better yet save it for a rainy day.
7.Reduce Your Wardrobe
Rent the Runway
There is a special place in everyone's closet. One that holds a very dear place to us all. The place where we have clothes that we only look at, but never wear. Yeah, it's about time we make that place scarce. Reduce your wardrobe by selling gently used clothes to local stores or online. Instead, opt for keeping clothes you wear often, or clothing that you can turn into reusable items. Buy clothing only when it is necessary, rather than when it is a want. Similar to multi-purpose household items, invest in building a capsule wardrobe where you can mix and match items to wear in multiple settings. The more you use your clothes, the less you'll have to give away.
Pro Tip: If you are someone who likes to wear new clothes often but prefers not to rewear items, consider investing in renting your clothes through services like Rent the Runway. You can downsize your closet while revamping your wardrobe for a fraction of the price it costs to do closet overhauls for one and done fast-fashion clothing items. The subscription fashion service has plans that start at $69 a month. Click here to learn more.
8.Become Handy
Shutterstock
I know it is easier said than done, but becoming handy might be the best tip you've ever received. Often, when we are paying for work to get done, we are paying for the equipment and the worker's time/business. This can often result in reasonable payments becoming downright difficult to obtain. So, instead of paying someone to complete all of your household repairs, learn how to repair them yourself!
There are free videos online that inform you of the best tools to use and equipment to get. Buying the equipment will already be inevitable, but if you do the services on your own, you'll feel more fulfilled and capable of doing anything on your own. Warning: If the repair is extreme, like an electrical repair, consider leaving it to the experts.
9.Buy Essential Items in Bulk
Shutterstock
For a minimalist, being frugal and owning less is the smartest thing to do. Nevertheless, it's about the amount of money you spend over the course of the time and the amount of money you save as a result. Buying in bulk is expensive at first, but it pays off in the end.
Buy essential items, such as feminine products, tissue, paper towels, detergent, and soap in bulk. This will stop you from having to spend $5 to $10 on each item on a month to month basis. If you buy in bulk, you can save 20% on all your purchases and up to 83% on most items. If buying all bulk items make you uncomfortable, consider buying one bulk item at a time.
10.Get Rid of Pointless Memberships
Shutterstock
Finally, get rid of pointless memberships. Whether it is a lack of motivation or a busy schedule, going to the gym was difficult before the pandemic. Now, it's damn near impossible. Instead of keeping your gym membership, decide to create your workout routines from home. There are plenty of fitness YouTubers and Instagrammers who have fitness videos at home that are effective and helpful. Instead of holding onto the gym membership and wasting money on a place you rarely visit, consider creating a gym at home that's free and more often visited than not.
Also, consider cancelling some television subscriptions, or you can pause them, when new episodes of television are not provided. Instead, keep one streaming subscription and let the others go. When you're ready to get them back, the same shows and music will be available.
Featured image by Shutterstock
- 7 Smart Spending Tips That Will Help You Save This Summer ›
- 8 Things You're Definitely Spending WAY Too Money On Every Month ›
- 10 Hacks For Cutting Your Food Bill - xoNecole: Women's Interest ... ›
- 12 Beauty Hacks For Boss Babes On A Budget ›
- 10 Time-Saving Hacks That Add More Time To Your Day - xoNecole ... ›
- 6 Life Hacks To Feel Like Money While You Save It - xoNecole ... ›
- 12 Beauty Hacks For Boss Babes On A Budget - xoNecole: Women's Interest, Love, Wellness, Beauty ›
- Starting A Minimalist Lifestyle, Advice - xoNecole: Women's Interest, Love, Wellness, Beauty ›
- 10 MINIMALIST MONEY SAVING HACKS | minimalism & saving ... ›
- 7 Money Saving Hacks for the Minimalist Want To Be - The ... ›
- How to Save Money Like a Minimalist | Minimalist Money Saving ... ›
- MINIMALISM: 10 money saving hacks | jenny mustard ›
- 14 Lifestyle Hacks That Will Save You Money ›
- 11 hacks to save more money | My Minimalist Life ›
RELATED
Whether you're planning to meet a certain financial or fitness goal, or you're simply trying to maintain and build on the progress you made this year, having something to look forward to is always a good look. Setting actual goals, according to research, actually leads to more success than just playing things by ear. So here are a few to get you started, sis:
(Disclaimer: Not everything is for everyone, so do like my Granny always says: "Eat the meat. Spit out the bone." Take on five out of the 40 and focus on that for the remainder of the year, or do them all. Either way, this is just to get you started.)
40 Ways To End The Year Strong and Inspired
Money Moves
Riska/Getty Images
1. Increase your retirement (or other savings/investment) contributions by 1%.
Experts have found that you could be leaving money on the table by not upping your contributions when you can.
2. Cancel two to five subscriptions.
You could be missing hundreds, even thousands, of dollars a year due to sneaky price hikes and "updates."
3. Create a "fun" in a high-yield savings account.
This is especially important if you struggle with the dreaded b-word (budget) and will make next year's efforts a lot less intimidating. Even if it's $10 a month, do it.
4. Put on your big-girl panties, and set up automatic transfers and payments for at least one bill.
It reduces the stress of managing bills, lessens the chance of a missed payment---and the fees that come with that---and there can be cost savings for doing so.
5. Invest in a cleaner or housekeeping service.
Bosses who value their time (and mental health) invest their dollars into areas where the time they'd spend doing those tasks themselves could be better used to focus on other money-making projects. (And yes, rest is part of that.) Get a housekeeper, sis, or drop off that laundry, even if it's once per month.
6. Donate to a charity.
Beyond the tax benefits, it's a win-win for the greater good of communities you care about.
7. Review your insurance policies and negotiate a better rate (or move on) before their end dates.
Experts often agree this is a small but mighty step to take each year, especially since insurance rates are competitive, you could be spending more money than you need to (or not enough) and your insurance rates can affect your mortgage payments.
8. Call your loan provider and refinance.
As interest rates fall, “millions of borrowers may be able to refinance and get more affordable payments. As interest rates eased down to 6.5%, about 2.5 million borrowers could already refinance and save at least 75 basis points (0.75%) on their interest rate,” the Consumer Financial Protection Bureau reports. You can also refinance student and other types of loans.
9. Stop buying individual items and stock up via going bulk.
Research has found that, among 30 common products, buying in bulk could save you 27% compared with buying in lower quantities. Water, paper products, and baby products like diapers, toiletries, and garbage bags are the top items where people see the most cost-effectiveness. (This has been a lifesaver for me—children, large family, or not—especially when it comes to toothpaste, deodorant, toilet paper, and feminine hygiene products, saving stress, time, and money.)
10. Go cash-only for the holidays.
If you set smart goals and stick to limits on things like gifts, going out to eat, or groceries, you'll see the benefits of this. Cash-stuffing is one method recommended, but something as simple as taking a $10 bill out for lunch, disabling that card for an hour, and leaving your card in a safe place at the office can give you that mindset jump start to see how far you can take your money without the need to splurge.
Love And Romance
11. Say "no."
There are clear mental and physical health benefits to saying no including the setting of healthy boundaries, creating time and energy for other self-care activities, and protecting yourself from physically harmful situations (i.e. unprotected sex or abuse). Just say it, clearly and simply, when you need to.
12. Set a fun, free, adults-only date night for once a week or twice a month with your spouse.
If busy, high-profile folk have touted the success of this, even you can make the time for quality time with your partner. And it's even better when it costs nothing. The best connections are made doing something chill, challenging, or outside the usual dinner-and-a-movie date. Play a game that allows you to reconnect, take a walk in your neighborhood to chat and laugh, or try a little erotic chocolate/edible liquid/paint episode a la Mea Culpa.
13. Go out with Mr. or Ms. "Not My Type."
I love my man, but if I were waiting out for my "type" at the time, we wouldn't be celebrating seven (going on eight) years together. Sometimes having strict, unrealistic expectations for a spouse (especially related to things like height, physical features, or career path) is what's keeping you alone and lonely.
Take the pressure off and explore all your options. I'm not telling you to stop popping the balloon on the guy who earns $20,000 less than you if that's a hard no that Jesus himself told you to skip. I'm asking you to explore other options and see what else God might have out there for your love journey.
14. Immediately apologize and pray together.
I've learned that always being "right" isn't always ideal when you truly care about someone and you're in a relationship for the long haul. Defaulting to an apology when necessary, even when things aren't 100% resolved, is a good way to prioritize peace and save your energy for more worthwhile battles. Research has even supported the benefits of apologies in relationships, and how couples married for five or more years do it often.
15. Get a Rose and discover true self-love.
Do I really have to explain this? You've gotta know what satisfies you, and how better to figure that out than to practice self-love in the bed by yourself? You can also try this with a partner, but as a woman who got on this train very much later in my sexual activity journey. I have a lot more learning to do on my own, and even in a satisfying relationship, I like to find out new things about myself, by myself.
Figure out what you're into, watch what you want to watch, and read what you want to read to define pleasure for yourself. There's a freedom and empowering element there especially if you're used to prioritizing pleasing your partner.
16. Be direct and have the "money talk" with bae.
Money issues are one of the leading causes of divorce, so you need to have those conversations before you even think about marrying someone. And true, nobody can predict the future so you won't be able to avoid some challenges altogether, however, talking with your potential spouse about how they view money, their spending habits, and the pain points in terms of their approach to money management can at least give you a glimpse into what's in store if you do walk down the aisle, move in with them, or decide to share a bank account/business/child with them.
17. Invest in the "paid" version of that dating app.
I know plenty of successful, married folk who did this and met "the one" as a result. Let's be honest: The free version is for playing around. I had a lot of fun with my "free" profile back in the day, trust me. Upgrade that photo, profile, and package, and see if the quality of your dating adventures changes when you're serious about finding a true partner. Dating coaches and matchmakers cosign this.
18. Solo travel to meet that long-distance connection.
Sometimes, your perfect match isn't within 100 miles of you, and that's okay. Make it an adventure, enjoy the memories, and book that ticket. I met my man this way and it's been a whirlwind escape ever since. If you're not comfortable traveling solo, travel or (network to plan travel) with a group via Facebook.
Career And Business
Riska/Getty Images
19. Schedule coffee or virtual meetups with smart people from your graduating class, previous employer, or current employer.
I have gotten many freelance opportunities by doing this. It's as simple as connecting and offering value (or simply learning how you can better equip yourself to do so.) It's also a great way to expand your network, spark new friendships, or find out about new job opportunities.
20. Invest in a well-made suit.
I don't care what industry you're in, a suit says "power," and it's not as old-school or out-of-style as you'd think. Plus the whole experience of looking for a new one (or getting one tailored) is fun and affirming. Try these options. I swear, anytime I wear a blazer, I'm treated like a celebrity or boss, especially when traveling. I was once upgraded to first-class wearing a yellow blazer outfit, and the airline professional literally said, "You look like somebody important. Here you go."
21. Volunteer for a worthwhile project or cause that's important to your company.
If you're overworked and underappreciated, skip this one, but if you truly have the time, love what you do, and want to advance, this move is clutch. Volunteering for extra projects got me where I am today in media because I had foresight, and knew that was the only way at the time to leverage relationships, and I was able to challenge myself to learn skills that 20 years later are still bankable. That VP you can't get a meeting with will be at that gala your company is planning, so join that committee, sis.
22. Write down why you deserve a raise and ask for it in your next one-on-one.
Gather those receipts (ie sales increase numbers, KPIs met, deals closed, people acquired via recruitment, the impact of systems updates, or other tangible success metrics) and ask for that raise before the first or second-quarter budgets are being finalized.
23. Instead of quitting, write down your exit plan.
While revenge quitting is set to be a thing next year (and maybe you're among those who will be leading the trend), try the better boss move and quit with a real plan.
24. Start automatically separating that estimated self-employed quarterly tax estimate.
If you have side hustles (or you're collecting 1099 income,) baby, you do not want to neglect those quarter tax payments. Talk to a professional, do your research, and set up automatic transfers to an account specifically for paying these at the appropriate due dates.
25. Sign up for a free one- to 11-week course related to your industry—or the industry you want to be in next year.
Institutions like Harvard University and platforms like Coursera offer free courses that can enhance your skills. You can also invest in certificate courses with accredited colleges as well as tech training.
26. Hit "Easy Apply" for 10 dream jobs listed on LinkedIn.
While you shouldn't solely rely on this when actively job-seeking, using this convenient LinkedIn option is a great way to get into the habit of applying for positions. And if you're already employed, you should still be "dating" other employers if you're looking to make a move in the next six months. Keep your interview skills sharp, practice toughening up for the "nos," and get a bit of an ego boost in the process.
Self-Care And Wellness
27. Pre-schedule three month's worth of massages.
Oftentimes this is cost-effective since some spas offer deals for multiple bookings. Also, it makes an act of self-care deliberate and important, not an option. When you get that reminder call, you'll know it's real.
28. Fire that therapist and try another one.
Cultural competency in mental health support is one major problem that can hinder Black women from even bothering with therapy. And who wants the added stress of spending multiple, paid sessions explaining why something is a microaggression? Cut the cord and move on to try someone else, either via a Black women therapists channel or recommendations from others.
29. Join a small group at church.
Bedside service ain't gonna cut it and neither is going to the usual Sunday service. Join a smaller group and upgrade your efforts to connect, network, and elevate spiritually. Even if virtually, take a step to dig a bit deeper with more targeted Bible study and discussions.
30. Say no, even to loved ones.
This is on here twice, for a reason. Saying no is the simplest, most powerful micro-action you can take today to make 2025 better. No explanations. No guilt. Say no.
31. Choose one "luxury" beauty product for skincare and stick to it.
This was trending big on social, especially for millennials hitting their 40s. There's just something so freeing about not giving in to every trend and sticking to the basics that work, especially when there are quality, healthy ingredients involved. Put those orders on auto-renew.
32. Sign up for a new sport or fitness class just for fun, not for results.
It's great to be on a weight-loss or weight-lifting journey, but try something just for the fun of it. Switch things up with a couple of these fitness activities.
33. Book a staycation.
Leave the passport at home and explore a nearby community or another town in your state. There's so much enrichment in your own backyard right here in the U.S., and you don't even have to break the bank.
34. Pre-schedule your mammograms, Pap smear, and peri-menopause checkups for next year.
Take control of your health by pre-scheduling essential appointments like mammograms, Pap smears, and peri-menopause check-ups for 2025. Prioritizing these screenings early ensures you stay on top of your wellness and make time for self-care in the new year.
35. Cut off support of beauty and wellness professionals whose customer service is below standard.
This is another one that many Black women have been vocal about—from unrealistic pre-appointment requirements, to booking fees, to long waits, to unsavory in-salon experiences. Spot the red flags early, and just stop accommodating foolishness. Support salons or experienced stylists who are kind, have proper systems in place and value your time.
36. Schedule five to 10-minute moments of silence on your calendar.
Again, wellness is not optional, and if it's not on my calendar, it's not official. Sit quietly. Pray. Meditate. Or do nothing. The benefits of silent moments are almost endless.
37. Download a meditation app.
If you've found that meditation is difficult to schedule or to even start, an app can help. Try this, this, or this one, and take that step to embrace something new to enhance your wellness routine. If you're tired of downloading apps, create a playlist for meditation via Amazon Music or Spotify and schedule a reminder to do it once a day or week.
38. Invest in a healthy meal prep or delivery service.
Time is emotionally expensive, so save as much of it as possible. Getting into meal prep to keep to your goals is a great way to save time, stress, and effort. The health benefits of meal prepping have also been proven via research.
39. Create a positive playlist on Spotify, Amazon Music, YouTube, or other streaming platform.
It can be podcasts, music, affirmations, or somatic sounds. It's a game-changer. You can even set an alarm to wake you up to start your day with the positive playlist. Not into creating your own? There are plenty to choose from with a quick search.
40. Set up reminders for Alexa (Siri or other AI) to remind you, "You are loved," and "You are okay."
This simple effort can boost your endorphins and remind you that you're indeed, not alone, and you will be okay, regardless. To set mine up, I simply commanded, "Alexa, remind me everyday 'Jesus loves me,'" and like clockwork she does. She almost scared the ish out of me one day when I'd forgotten the reminder was active, but it was the reminder I needed when anxiety had gotten the best of me that week.
Let’s make things inbox official! Sign up for the xoNecole newsletter for love, wellness, career, and exclusive content delivered straight to your inbox.
Featured image by
