Try 7 Days Minimalism Challenge For Maximum Savings

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Do you want to try minimalism but don’t know where to start? Begin by doing the 7-Day Minimalism Challenge. The challenge consists of seven tasks that will help you declutter your home, schedule, and mind. You’ll eliminate the clutter, minimize the noise and demands of daily living, and establish systems to help you live more efficiently. You will have more time, space, and energy for the people and things that are most important to you in the end.

Simply pick one task to complete each day for the next seven days. Make this month your month of change if you want to live a more intentional, simpler life with more time and energy for the people and things you care about. Take the 7-Day Minimalism Challenge.

Try to finish the challenge in seven days!

Day 1 – Eliminate all extra subscriptions or memberships.

Subscriptions to magazines and newspapers (digital and/or print), television and music streaming services, monthly or seasonal subscription boxes, shopping memberships (warehouse clubs, Amazon Prime, supermarket delivery), and so on. Then, once a month, deposit the funds into a savings account.

Day 2- Cut down on your online spending

If extreme minimalism isn’t for you, we urge you to make little changes to your spending to stretch your money further.

Make sure you have an alarm ring when you’re going to overspend when you do your obligatory internet shopping, for example, and you’ll save hundreds of dollars per year.

Day 3- Relax and let it go

A 30-day minimalism challenge is one method people begin their minimalist lifestyle. It works like this: Get rid of something in your house that doesn’t bring you joy every day for 30 days. This concludes the discussion.

Day 4- Get Rid of Credit Card Debt

Credit card debt is a proven way to deplete your savings. Your credit card company’s interest rates make you feel like you’ll never get out.

And, to be honest, your credit card company could care less. It’s all about making money by scamming you off with hefty interest rates – some as high as 36%. However, the sooner you pay off your debt, the sooner you may start investing.

Day 5- Reduce Your Family’s Anxiety

Even if you don’t have any debt today, you don’t want to end up with any for your family later. Your efforts to live a financially modest lifestyle could be undone.

Have you thought about how your family might cope if you died? How will they pay their bills? Is it possible to send the kids to school? It’s a great idea to start thinking about the future now by looking into term life insurance.

Day 6- Get the Most Money Back

You’ll still need to spend money, no matter how careful you are with your money. It’s a simple fact!

But here’s the deal: you’re losing money if you don’t use Aspiration’s debit card. Every time you swipe your Aspiration debit card, you get up to 5% cashback.

Enter your email address and bank account information to see how much money you can earn with your free Aspiration account.

Day 7- Get more Out Of Your Money

You can now optimize your future net worth by owning a firm after you’ve spent the entire week minimizing your finances. That may appear costly at first glance — we’re not Warren Buffet or Elon Musk — but it’s not out of reach when you use an app called Stash, which starts at only a few dollars.

Stash allows you to be a part of something which remains reserved for the very wealthy – you can buy portions of other firms for as little as $1 on Stash.

 

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