3 Ways Minimal Spending Helps You Be Generous
Have you ever heard about a friend going through a hard time and wished you could help? Have you ever heard of someone’s car trouble and wished you could pay it for them?
But then you look at your own finances and you think you can’t really afford it?
I’m going to let you in on a little secret! You have the money, it’s just going other places.
When you live off less money, when you have mastered minimal spending, and when 90% of what you buy is only what you need, you have the money to help out others. You have the money to give to someone to help them pay a bill, and you have the money to bless them with fun things as well.
My husband and I, two twenty somethings who are saving for a house, still have money to help out others when we want to! I don't say that to brag about how great we are but to say you can do the same thing!
I know from emails from readers that one thing you wish you could do more of is give to others without spending all your money! I love that about you and that is why I wanted to talk about it today!
I wanted to show you how this works. I wanted to tell you how living minimally and practicing minimal spending will allow you to be generous to the ones you love.
Let’s do it!
Three Ways Minimal Spending Helps You Be Generous
1. You know the difference between a want and a need.
When you are a minimal spender you know the difference between a want and a need! Which means that not only do you know them for yourself, but you can start to see them for other people as well. When someone is talking about struggles or different circumstances, you have learned discernment in what is a real need you can help with and what is not.
I’m not saying that you should pass judgement on people's situations. But their are times where people want to talk about their issues and don't want solutions to those problems. It's good to know how to scope out the complainers vs. the ones who actually might really need help in an area.
2. You know the right thing to give and at the right time.
When you are a minimal spender you know how much certain things actually matter to people. You spend your money wisely so you know what each purchase means to others as well.
You know how it would feel if someone gave you something that you normally don’t buy for yourself so you can do the same for others. You also know what you hate spending your money on, like car repairs or maybe even groceries. You can use this knowledge to bless others by helping them out in these areas.
There are times when a “want” gift is just what someone needs to feel loved and blessed, and there are other times where a need being met is more important and can change someone’s circumstances. If you are a minimal spender, you know the difference and when to give each one.
3. You have the money to help!
This one is probably the most obvious and biggest way minimal spending helps you be generous! I’ve said it before, and I’ll say it again, when you live on less money you need less money to live. What does that mean? That means you have money to spend or give to others! When you are only living on a percentage of your income, and the rest of your money is going to savings, you have some money to spare in order to help those that might have no money to spare. Having a good savings is key in being comfortable giving some away to help others out. Being a minimal spender is the way you build that savings account!
Living minimally allows you the freedom to give or bless others when you want to! You don’t have to be rich to heal the world! Meet the needs of those around you with what you have and you're doing your part.
However, you can’t do that if you still haven’t gotten control of your spending habits! If you are still spending all of your paychecks on dinners out or new clothes and gadgets, then there is no way you will be able to help others and still have a savings or be debt free.
Being a minimal spender allows you to meet your financial goals and give to others!
I hope this encourages you in some way to either change your spending habits if you are not there yet, or to start giving back if you have yet to take that step! I promise you it’s more satisfying than 100 new pairs of shoes!