Aiming for Financial Independence

A huge part of being minimalist is that you are spending less. As I see it, there are 3 options as to what you can do with your money.

  1. Spend it
  2. Save it
  3. Give it

Obviously, minimalists are doing a whole lot less spending it! Whether you wish to give some money away is a really personal decision and there are a huge array of possibilities which I won’t go into now. Although if you are spending less, it may mean you can work less and give your valuable time away also. In order to reach this sort of position, you will want to be aiming for financial independence.

I am not a financial expert, but I do try to apply common sense to life. It’s been 4 years since I  discovered minimalism, started reading about alternative lifestyle choices and earnestly started trying to boost my income in any (legal) way possible (using lots of methods, including those I have already described on my blog). Since November 2012, I have added over £30,000 to our household income. I would absolutely not have believed this myself, had it not been for the fact that I have kept spreadsheets detailing every single penny that I’ve made (and lost) along the way. £30,000 may not have got us to our goal of financial independence yet, but it certainly has pushed us a lot further towards it! I imagine for a lot of people reading this blog, £30,000 would go a long way to a deposit on a house, paying off a mortgage or clearing personal debt.

The thing is, when you stop spending money on things that mean very little – you realise that you possibly don’t need to be working so hard or so long. You can start saving and if you get serious about this, you could aim for financial independence at a younger age than most people (that is if you are still young! But if you’re not, there is absolutely no reason why it wouldn’t be good to be financially independent too). The working until you’re 65 thing (or even older now) is so ingrained in our culture, that many people don’t even question it. Your goal doesn’t even need to be that you never work again, but minimalism might allow you to pursue a job that you’ll love, volunteer your time or money or do something even more amazing. Aiming for financial independence is about acquiring freedom  – to choose when, where, what and how much work you do, along with freedom from cultural norms and expectations. The truth is you can buy freedom through frugality (and investments).

That’s not to say that you won’t need to work hard at it, but I wanted to write this post to say – a little bit of effort every day goes a long way. Just filling out a few surveys, meeting your Swagbucks target, selling items you don’t need on eBay and using some shopping apps to get free food – it doesn’t take many minutes out of your day. In 4 years time, why don’t you write and tell me how much you’ve made! 🙂

Start the New Year as you mean to go on!

The New Year is here! Take a minute and reflect back on all the goals you set your for yourself for 2015. Did you accomplish all of your goals? Great! Did you fall short on a couple? Not a problem, it’s important to always try and better yourself!   New Year’s resolutions are a time-honored tradition. There’s is nothing better than giving yourself an official start date to a new you. And what better time than January?

It’s no secret that better health is at the top of most people’s New Year’s resolution lists. Improving the health of your mind, body, and spirit is an integral part to success in almost all facets of life whether it be in your relationships or business! Hopefully this month’s Search & Learn from Swagbucks is a step in the right direction:

Swagbucks Search & Learn: Mind, Body, Spirit.

For those of you who haven’t participated in a Swagbucks Search & Learn, Here’s how it works (Official rules here):

1. Go to the Search & Learn page (you can get there from the button on top left of the Swagbucks home page) each day from January 4th – January 8th.

2. Each day Swagbucks will have 5 new questions related to one of the following categories:

  • Health Nuts
  • Yogis
  • Meditation Dedication
  • Gym Rats
  • Couch Potatoes

3. You can either click on the category card OR search from your defaulted Swagbucks Search Engine to find the correct answer!

4. Once you find the answers to all 5 questions, click on the button that says Win 500 SB on the Search & Learn page and complete that day’s survey.

5. Each correct answer (up to 5 each day) will enter you into a drawing to win one of 5 prizes of $5*!

6. Swagbucks will announce the 5 winners the following day at 10am PDT/1pm EDT (Friday’s winners will be announced the following Monday).

ALSO – when you use Swagbucks Search as your defaulted search engine during this promotion, you will be entered (up to 5 times per day) into a drawing to win the following prizes:

Grand Prize – $500*

Runner Up Prizes (20) – $5**

All winnings will be paid out in SB. Winners of the Grand Prize and Runner Up Prizes will be announced on Friday, January 15th.

This post was sponsered by Swagbucks. But I fully endorse their website, as I earn £30-£50 every month for very little effort. Please use my link to sign up. Thank you!