A Beginner’s Stab at Minimalism

***By “stab” I mean “attempt to streamline and curate my possessions”, not “attack minimalism with a fork.”

My complicated relationship with minimalism

Minimalism has been big topic in the blogosphere for the past year or so, coexisting nicely with other Generation-Y phrases such as “lifestyle design,” “location independence,” and “my life rocks and if you buy my ebook your life will too!” (okay, I made up the last one. That was a wee bit tongue-in-cheek! icon wink A Beginners Stab at Minimalism ). There are many people I admire in the minimalism blogger space, such as Miss Minimalist, and Everyday Minimalist (aka FB!). Still, in certain circles the formula seem to be minimalism = empty rooms + lots of Apple toys.

Now, having said all of that, I might have to take a big swig of the humble juice, because I’ve realized that gosh, stuff takes up time and energy and space, and many times it’s stuff that I don’t really like or use. Yes, this is something I have realized in the past, and although I’ve been slowly decluttering, for some reason I seem to add just as much as I’ve cleared out.

Maybe, instead of looking at minimalism with a skeptical eye, I should see what I can learn from these minimalists who have whittled down their things and have more time and money to do thing. So humble juice ingested, I present to you:

My 8 Steps to Semi-Minimalism

1. No more buying clothes without donating or selling an existing piece. I am using the 1-to-1 rule: one piece in, one piece out.
2. I am allowed to keep 20 copies of paper magazines (what can I say, I love flipping through magazines), but they must stay in their magazine holder when they are not being read.
3. No more buying kitchen appliances, cookware, or dishware. We have everything we need, and some we don’t (and never use).
4. No more buying accessories (I will make allowances for 3-4 pairs of stylish and comfortable shoes this year).
5. I will shred all the papers that I don’t need anymore, and file the rest away.
6. No more buying skincare products or makeup unless I run out of an item that I’ve used up.
7. No buying home decor items – we’d only have to lug whatever we buy in a few years anyway.
8. Maintain a collection of 30 books. Everything else I can borrow from the library.

I don’t want to set up “The Year of No Spending” or something of that sort. I also know that I don’t find particular pride in having 100 or 85 or 50 items that I own (even though I read with interest the accounting of some cool people). I would like to save money, and I think I should, if I am able to resist from buying things that don’t add much value to my life. But money – gasp – isn’t the primary reason of this little experiment.

I just want to want less, be happy and appreciate what I have, and focus more of my limited time and resources on what matters instead of what doesn’t. If minimalism will help me get there, why not?

Fabulous Weddings for MUCH LESS Than $10,000? 4 Examples Of How It’s Possible

When my boyfriend and I first started talking about weddings, we were both relieved to find out that our expectations are, well, quite low achievable. Last night, CB mentioned to me that he’d rather have a small wedding and spend most of our money on traveling. “Is that okay?” he asked. “That is (absolutely and fantastically) okay,” I replied.  I am glad that we are in sync on this, at least on the big-picture stuff. (But seriously, if he doesn’t ask me to marry him, I am going to stop talking to him about weddings!)

We will figure out a budget when we come to that point, but I know neither of us want to go into debt for the wedding. Not only that, I don’t even think we want to spend a lot of money on it. Of course, “a lot of money” is subjective in wedding parlance.

The average wedding in the U.S. costs around $20,000-$30,000,

according to the various reports and websites that I’ve came upon. See Cost of a Wedding, The Knot, WE TV’s Wedding Report for more information. If you want to have a traditional wedding with a sit-down dinner, dancing, live music, etc., at an in-demand venue in a big city, then the costs can go up even higher.

Fortunately, the web provides much inspiration for more budget-friendly events. After just a quick google, I found many blogs that talk about keeping the wedding budget under $10,000. That’s quite an achievement, especially in metropolitan areas, but what if I can keep that budget solidly in the four-figure range? I found a few bloggers who talked about how to throw lovely, memorable affairs for around $5,000 or $6,000! Granted, a few of these posts are several years old, so of course $5K in 2005 isn’t the same as $5K in 2011, but the philosophy and the guidelines still ring true.

Fabulous Weddings For Under $6,000

Friday Night Cocktail Wedding for just $5,000 – Canada, 2009

Jen, Monica, G and myself went to some local flower shops the morning of our wedding and bought what we needed. I deliberately didn’t have a set flower in mind, so that I wouldn’t end up making an emotional decision to get overpriced flowers- I opted for whatever looked good, fit the scheme, and was well priced. We brought them to my kitchen and put together our bouquets and all the center pieces. Both Jen and Monica each carried a single stunning hydrangea bloom- it was perfect. Flowers are way easier than any florist will ever let on.

Doing a $4,722 Wedding in Style (and They Had a Violinist!) – Brooklyn, 2008

Out of curiosity, I went to the Filene’s Basement‘s chaotic “Running of the Brides” sale, but none of the countless dresses tempted me to part with $250. It was a deal for some, but more than I wanted to spend. So I did the next best thing – I checked eBay. And there it was, a simple yet elegant, sleeveless, satiny, ivory sheath with only one bidder and 40 minutes left on the auction. I won the dress for $27. The seller said she’d purchased it from Saks‘ Off 5th outlet but didn’t lose weight in time for her wedding. Fortunately, her diet disaster was my happy ending.

Man Plans $6,000 Wedding for Friend, Including Night at Mandarin Oriental – Manhattan, 2005

Restaurants in Manhattan spend way too much time competing with each other. The mistake that most couples make is going for the popular places that are listed on registries like The Knot. The key is to find an accommodating restaurant, offer them the chance to attract forty new clients with their food, and negotiate something that doesn’t affect their daily business. Incremental business is always welcome at these smaller restaurants. Their average margins are in the low single digits, and cash-flow is king.

Grad Student Throws $6,000 Wedding and Pays for Bridesmaids’ Dresses – Atlanta, 2008

I was able to get my photographer and deejay for free. I found the photographer, another graduate student, on Craigslist.com. He was trying to get his name out as a wedding photographer. Our engagement and wedding pictures were free. The deejay was the boyfriend of a friend and he was also trying to get into weddings. A lot of people don’t realize that most vendors will work for free when they’re just starting out as long as they’re able to reference you. A friend of mine is a makeup artist and she did my makeup for free that day as my wedding present.

If you are a bride- or groom-to-be who is looking to keep your special day in the four-figure range, you will love the stories I linked to. Read and be inspired! Edit: Girl with a Red Balloon pulled off a fun, festive wedding for under $10,000, in less than a MONTH!

On that note, can I confess to you, my dear readers, that one of the reasons why I want to get engaged is so I can finally start blogging about a wedding budget? I am not sure if that makes me a particularly dedicated personal finance blogger or just really strange. Of course I also want to marry the man I love, make a commitment, build our lives together, etc. But the wedding budget? The allure is immense.

If CB ever reads this, I hope he is not freaked out.

The Thin Line Between Minimalist & Moocher

Minimalism seem to be all the rage right now – I see it as a collective reaction against the excesses of the past decade, coupled by the necessity of having to cut back amidst economic uncertainty.  But could you cut back so much that you step over the line between minimalist and cross into moocher territory?

48687413 img 2340 300x181 The Thin Line Between Minimalist & MoocherAfter I read this article, “The Cult of less” in the BBC, I think the answer is yes. The article features Chris Yurista, a D.C. travel agent and DJ who says that technology has replaced the need for most of his possessions and even a physical home.

Since boxing up his physical possessions and getting rid of his home, Mr Yurista has taken to the streets with a backpack full of designer clothing, a laptop, an external hard drive, a small piano keyboard and a bicycle – an armful of goods that totals over $3,000 (£1,890) in value.

The DJ has replaced his bed with friends’ couches, paper bills with online banking, and a record collection containing nearly 2,000 albums with an external hard drive with DJ software and nearly 13,000 MP3s.

That’s great and all – who doesn’t aspire to a life filled with meaning, not clutter? But I wonder what Mr. Yurista’s friends have to say about his lifestyle.  To be fair, he could be chipping in for rent and utilities (or do other things to thank his friends for their hospitality) and the article just didn’t mention them.  Or, perhaps Chris has access to cheap or discounted hotel rooms through his job, and he only leans on his friends for infrequent overnight visits.

If that were the case, then BC has done Mr. Yurista a disservice by portraying him so unsympathetically – the blogosphere is already pointing out the paradox: in order to live a minimalist, residence-free lifestyle, you have to find people who ARE willing to rent an apartment and pay for utilities.

If this wave of minimalism will help us reexamine our relationship with “stuff,” that’s great.  If Chris Yurista were building his digital, rent-free lifestyle on the backs of his stuff-carrying, rent-paying compatriots, however, then he might be a minimalist, but he is also a moocher.

Where does minimalism end and mooching begins?

Biggest Money Conflict Ever: Is My Career Worth It?

This post is a guest post by Simple Life in France for the My Honey, My Money series. Simple Life is a U.S. citizen who has relocated permanently to France, her husband’s homeland, in search of a simpler and more sustainable lifestyle. Here she talks about her biggest money conflict.

Imagine this: you land in France in the heat of summer, dragging two suitcases behind you. You plan on finding work in your teaching career in a couple of months.  You even packed your wrinkle-free interview suit in you carry-on in a few layers of tissue paper.

That was me back in July of 2009.

Even before our move, my husband and I had butted heads about where in France we would live. He pointed out that his salary as a primary school teacher would remain the same in urban (high-rent) or rural (low-rent) areas.  He voted for the countryside.  I wanted to live near a city where I stood a chance of finding employment.

Once we’d moved into our new apartment, my interview suit hanging neatly in wait, I started to research my job options in Aix-en-Provence. I quickly discovered that likely pay ranged from 1300 and 1500 euros a month brut (before taxes) to be standard salary for most job offerings.  Then I started wondering, How much is 1500 a month in France after taxes, anyway?

I crunched the numbers remembering the charges sociales for French social security and the fact that my income would also raise our tax bracket on DH’s salary.  And I discovered my take home would be . . . 1000 euros!

In the meantime, through a few real-estate searches and with the help of a mortgage calculator, DH discovered that the cost of living near Aix instead of in the country would come to about 200-300 euros a month. I begrudgingly had to admit that my projected monthly take home was now hovering around 800 euros.

And what about that second car? The line of work I was looking at (teaching English to professional adults, often at their work sites) seemed to require a vehicle.   Purchase, registration, insurance, maintenance and gas for me to zip back and forth between clients: another 200 euros a month, which DH pointed out was a conservative number as he raised his eyebrow as if to say, “You hate it when I’m right.”

A take home of 600 euros a month? I know, I know.  I’ve never worked for so little.  Would you do it?

I discovered the next hit to my monthly salary on my own. Budget Nazi that I am, when I crunched the numbers at the end of the month, I noticed about a 200 euro drop in ‘fun’ expenses and convenience groceries now that I wasn’t working.  I’d started cooking more food at home, even using a price book, which meant fewer restaurant trips. The opportunity cost of going back to work dropped my monthly take home down to 400 euros a month.

After a couple more intense negotiations, DH opted to sit back and let the numbers do the talking. And I began to admit that not only did we not need the money, the 400 a month hardly justified the extra running around.  So we made up our minds: DH put in for a transfer, I threw myself into my writing and we’ll move in a couple of months to a much more rural area.   I’ll probably start a tiny business teaching English lessons part-time.  So far, I’ve been away from my career (teaching) for 9 months . . . and honestly, I don’t actually miss it much.

Thank you to Simple for this post, and I wish her the best of luck in her English teaching business! Having a home-based business is great in terms of flexibility and lower job-related expenses.

One point I’d like to raise is that a career is a long-term asset – so that even though a second income might not contribute much financially, in the short-term, the expectation is that over time the financial advantages of continuing a career will increase to make the expenses worth it. Of course, many people also gain non-financial satisfaction from their jobs.

Readers, have you ever faced a situation where your job didn’t make sense financially in the short-term? How did you decide how to proceed?

Declutter Your Home So Stuff Won’t Weigh You Down

Declutter your home… because have you ever looked around your house and wonder, how the heck did I accumulate so much stuff?!

I have. And I did.

AmySedaris HouseandGarden1 Declutter Your Home So Stuff Wont Weigh You Down

Even though I have been going through a process of to declutter my home, I must have been adding to my collection of stuff because somehow, my apartment doesn’t seem any more simplified than it had been a year or two ago.

I like most of my things (that’s why I bought them!), but I don’t need them. I don’t even necessarily want them. They are clothes I’ve haven’t worn in a year. Books I’ve read and will not read again. Shoes that look cute but pinch my feet. Old papers I haven’t gotten around to shredding. Half-empty bottles of lotion past their expiration date. They are gathering dust, sitting idle. Even the items with sentimental value are surprisingly few.

For the past few days, I’ve been through my belongings with a more critical eye. Books, clothes, jewelry, shoes – everything is fair game. What is this pull that “stuff” have on us? Looking around my apartment, I realized that I want to pare down, I want to declutter, even more. Just because I can have all this stuff doesn’t mean that I should. Though I don’t want to be able to pack my life in a suitcase, a la George Clooney in Up In The Air, I recognize that stuff obligates us, and not just in financial terms.

Think about it – whenever you buy something, you have to take time to look for stuff, make money to pay for stuff, and then find space to put stuff!

Big changes are coming up ahead. I may take a job in the States, I may move overseas. The possibility of moving crystallizes what is important – what I really love and what I’m lukewarm about. So I’m taking this time to shed some stuff. I don’t want to live ascetic lifestyle, I want to have nice things – I suppose the key is to have a clear sense of what stuff is important, what I really enjoy (which makes the cost worthwhile), and what is just extraneous.

image source: andreaharner.com

Decluttered Closet –> Decluttered Life?

I know I’ve talked about decluttering before, but I haven’t been very stringent in deciding what things to toss vs. keep.

This week, I made the cut a little deeper and cleared out another bag of clothing, accessories, and knick-knacks to be dropped off at Goodwill.

This undertaking just reaffirmed what I already know:
(1) I have too much stuff – WAY more than what I need, and even more than what I want.
(2) I wear 25% of my clothes 70% of the time. I can probably cut 50% of my wardrobe without any visible impact.
(3) I’ve spent a lot of money on things that do not bring me lasting joy nor reflect my priorities.

It’s not only about the money. The time I spend wandering the stores can be better spent settling down with a good book, coffee or tea with friends, or taking a dance class.

Experience, not stuff.

It’s easy to say, hard to live by. But I should try harder to live by that.

Have you been successful at decluttering your life?