Brief Summary
This video discusses financial minimalism and how to incorporate it into your life. The video emphasizes the importance of identifying your needs and spending money accordingly. It also suggests using second-hand items and creating a meal plan to save money. The video concludes with a recommendation for the speaker's planner bundle, which includes a weekly planner, affirmation cards, and other helpful tools.
- Identify your needs and spend money accordingly.
- Use second-hand items to save money.
- Create a meal plan to reduce grocery spending.
Identifying Your Needs
The first step in financial minimalism is to identify your needs. The speaker explains that everyone has different needs and that it's important to spend money on things that are truly important to you. She uses the example of her and her husband's phones, highlighting how their needs differ and how they spend money accordingly. She also contrasts her own needs with those of a friend who enjoys buying clothes and jewelry.
Basic Needs
The speaker identifies three basic needs for humans: food, shelter, and clothing. She acknowledges that in today's world, technology like phones and Wi-Fi are also essential. She then focuses on food, explaining how it's often the area where people spend the most money. She shares her experience with her family's grocery shopping habits, highlighting how buying from local shops can be more expensive than buying from larger supermarkets.
Meal Planning
The speaker emphasizes the importance of meal planning to save money on groceries. She explains how creating a meal plan and sticking to a grocery list can help avoid impulse purchases and reduce overall spending. She shares her own experience with meal planning, explaining how she started doing it after her daughter was born to make grocery shopping more manageable. She also discusses how she transitioned from online grocery delivery to buying groceries in person every few days, which helped her save money and reduce waste.
Buying Used Items
The speaker encourages viewers to consider buying used items instead of always buying new. She explains that this can be a great way to save money and reduce waste. She shares her own experience with buying used items for her daughter, including toys, a high chair, and a playpen. She also mentions a friend who bought a used car instead of a new one, highlighting the financial benefits of this approach.
The Speaker's Planner Bundle
The speaker concludes the video by recommending her planner bundle, which includes a weekly planner, affirmation cards, and other helpful tools. She explains how the weekly planner can be used to create meal plans and track expenses. She also encourages viewers to check out the reviews of her planner bundle on Instagram.
