“It's not your salary that makes you rich, it's your spending habits.”
– Charles A. Jaffe
Financial clutter is being unorganised or unthoughtful, with our finances.
And the process of financial decluttering helps you with that. It doesnt just help you with managing your spending habits, but also pushes you to grow new arenas for income.
Did you know that after a certain amount of wealth accumulation, money no longer leads to happiness. So how to know what is that amount? How to stop there?
More important, are you working towards financial independence or financial freedom?
Let us dig deep into these questions and understand how to build the real wealth, including money :-)
To help you get started on this journey instantly
To begin your financial declutter day, set aside a day each week or month to refrain from spending. This helps you reset your financial mindset and regain focus on things that matter.
Using cash for your budgeted expenses helps you stay accountable and avoid overspending. It creates a tangible limit that reinforces your commitment to financial discipline and mindful spending. You can set a weekly budget and withdraw the amount accordingly.
The more number of accounts you have linked to your UPI, higher the tendency to QR scan off payments easily throughout the day as smaller transactions get unnoticed. Have only the one that’s needed and remove the rest.
While saving is important, keeping all your funds in savings can limit your financial growth. By saving at least 20% and then investing the rest, you create opportunities for your money to grow, helping you build wealth over time.
Having too many credit cards can lead to overspending and complicate your financial management. By reducing the number of credit cards you use, you simplify your finances, making it easier to track spending and avoid unnecessary debt.
Take the financial minimalism journey just at INR 299.
By following simple steps mentioned in the e-book, you commit yourself to stay clutter free in your financial world.
Introduction to minimalism
Why is minimalism important
How can minimalism help you
Detailed steps on how to declutter life on the financial front
Concluding thoughts on minimalism as a transformation
Invest to stop yourself from financial cluttering.