My new article for Mindy Jensen's website 1500Days (i.e. 1500 Days to Freedom) is up. It's called "Wealth Versus Stuff" and makes the case that stuff just isn't that important. Not only can collecting more and more and more expensive and more expensive stuff be a waste of time and energy. It also is a waste of money.
Most investment advisors and mentor-types will recommend working to pay off excess consumer debt before investing. Indeed, very few investments beat 19.05 percent, so paying off outstanding credit card debt is almost always the best investment to start off with. But what this means is that consumer debt acts as a barrier to investing. And since most consumer debt is just to get stuff, stuff itself is the barrier standing between many people and investing.
Drop all the stuff. It gets in the way of life and financial freedom. Minimalism is a much better way to go.
"Every day is a new life to the wise man."
The Righteous Mind
Star Slate Codex
Consulting by RPM