MONEYMONK WEEKLY MESSAGE 19/2019
Minimalism
There is an hour
long documentary on Netflix on the subject. I recommend all to see it. This
concept is good if adopted and will help you in achieving Financial Freedom and
leading a happy life.
Two reasons for
this are :
1. It helps in saving more and maintaining
your savings rate
2. It is easy in life to raise your standard
of living and get used to luxuries beyond your needs but very tough if
you have to face any reversal in your fortunes and make do with less.
When you become
rich you have the right to use or even abuse that money but you do not
have the right to waste resources. The natural resources like food and water
are in short supply for all human beings on our earth and you do not have the
right to waste these.
Minimalism when
practiced will help you find and lead a balanced life. Behavioral aspects and
developing right attitude towards learning, life and money are essential to
achieve Financial Freedom and lead a happy life. Being a learner at all ages is
required to invest in yourself. I will use next few weekly messages to explain
these essentials further.
Note:
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