10 Things I STOPPED Buying (Financial Minimalism & Saving Money)

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Want to learn how to save money? How about Financial Minimalism? Let me tell you about the 10 things I stopped buying and why I don’t regret them at all. On the country, I am glad I’ve stopped buying those as they have not only saved me money, which I had otherwise spend, but more importantly, it freed up cash for me to put towards investments to further grow my net worth.

In this video, I will share some of the items that I have stopped buying as I have been focusing my efforts on two areas, monthly budgeting, and financial minimalism. Some of the items and expenses that I have cut recently will not be applicable for everyone who watches this video, but I hope it serves as an inspiration for you on your path towards financial minimalism.

▶️ VIDEO OUTLINE

Especially right now, in the times we are living in, it’s really important to be saving money and build your net worth for the future. In this video, I go over 10 things that I stopped buying. I simply cut these out of my budget in order to save more money, and best of all, my quality of life has not been compromised at all.

My goal is to be a financial minimalist in the sense that I’m willing to spend on things that I get great value from, which is frugal, rather than on things I’m simply buying out of habit or out of a desire to impress others.

Have you eliminated any of those from your budget? What else have you stopped buying? Are you living a frugal lifestyle? Let me know in the comments.

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▶️ TIMESTAMPS

0:00 10 Things I Stopped Buying Intro
0:25 1. Reduce Your Subscriptions
1:24 2. Stop Those Coffee Runs
2:41 3. Minimalist Wardrobe
3:33 4. Unsubscribe from Marketing Newsletters
4:13 5. The 7-Day Rule
5:19 6. Don’t Buy A Car
6:11 7. Stop Buying Physical Books
6:56 8. Stop Buying Souvenirs
7:52 9. Minimise Insurance & Warranties
8:44 10. Don’t Buy The Sale
9:28 Conclusion on Saving Money & Financial Minimalism
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▶️ ABOUT ME

Hi, I’m Kai and in this channel, my main goal is to simplify Personal Finance for you and I will be talking about all things Personal Finance, Financial Minimalism, Investing, Stocks & Cryptos, and Business Mindset to help you build a life of lasting impact and financial independence.

New videos are uploaded weekly.

Stay Awesome, Stay Blessed and I see you in the next video.
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Disclaimer: I am not a financial advisor. This video, and the ideas presented in it, are for entertainment/educational purposes only and should not be construed as financial or legal advice. You, and only you, are responsible for your investment decisions.

Affiliate Disclosure: This description contains some affiliate links, meaning that I may earn a small commission if you click through and use these links (at no additional cost to you).

#SavingMoney #FinancialMinimalism #Frugal

[SmartMoneywithKai]

Have you eliminated any of those from your budget? What else have you stopped buying? Are you living a frugal lifestyle? Let me know in the comments.
👇 CHECK OUT ALL MY LINKS & CONTACTS 👇

[Elitax]

'Depresso' 🤣'Don't buy books' 😭 I re-sell some of the physical books, but I have quite a lot of writer friends, and it's a supportive friend's duty to buy their books and get them signed 😃so I hope reselling some, supplements the ones I buy from friends.

Also a great video, would be interesting to see a revamp — if anything has changed after 2 years!