By Giana
Minimalist
finance is all about making things as simple as possible. Straightforward and
uncomplicated.
That means:
• One savings account, one
chequing account, one retirement account and only one credit card.
• Pay in cash for everyday
purchases and only use a credit card for big purchases with refundable
circumstances.
• Toss your paperwork, only
save paperwork that is 100% important. Of the little paperwork you have it will
be simple. If your money is simple your paperwork is simple.
• If you’re not debt free
become debt free. Debt is one more weight on your shoulders. By making a plan
to eliminate your debt, stress will dwindle and eventually be gone!
• The least number of payments
the better. Don’t pay for things you hardly use.
• Only have one or two financial
goals at a time to make them obtainable.
• Rent instead of own. Renting
cuts obligations by reducing the number of payments. Rent also includes
maintenance and upkeep which further reduces fees.
