Check out the book “Your Money or Your Life” by Joe Dominguez (tip: you can probably get it at your local library). I read this book over 10 years ago and it made a HUGE impact on how I live. I now enjoy a level of freedom and financial independence that I never thought possible.
The book walks you through the process of tracking every penny that comes in and goes out of your life. You also assign a happiness score to each expenditure. Even if you only do it for one month, you’ll be SHOCKED at the amount of money you spend on stupid things that don’t make you happy.
The first month that I tracked my expenses I had a category called “stuff” for lack of a better term. I has horrified an the amount of money I had spent on things… I couldn’t even remember what most of them were by the end of the month! I then proceeded to have an arguement with myself. Part of me was saying “but I want to be able to treat myself and buy things… it’s MY money after all.” Then it hit me… “IT’S MY MONEY!!!” why was I trhowing it away instead of keeping it?
That was step one in a long process of extracting myself from the consumer rat-race. Exiting from the consumer culture also means living a much more eco-friendly lifestyle!
This post was submitted by Rebecca.
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