I’ve been doing a series over on Instagram #100WaysSaveMoneySaveThePlanet and in my research, it’s rare that I came across personal finance books and blogs that talk about the relationship of our consumption on our wallet and the planet. So for this post, I wanted to do a roundup of posts that highlight this message that if we want to save money, we have to start caring about the Earth. If you note some of these blogs, they are more in the personal finance / financial independence world and are pretty influential.
Is there an article that showcases the relationship with saving money and the planet? Please link them below.
Sometimes, we associate frugality as being cheap, but if we really look at the definition of the word, frugality means making use of existing things, of working with the community, of learning to do without sometimes. Being frugal means giving life to old things. Read more about what frugal means.
Love this from J. Money. J. Money is laid, back financial blogger who founded Budgets are Sexy. When I first started going the low/zero waste route, it was just a self-experiment. My first documented entry into this movement was me trying to complete a plastic free grocery shopping which meant none of my produce was in plastic bags. It also meant I avoided lots of packaging from pre-made food. I highly second J. Money's advice to try it and see how it affects your life. How will it change the way you consume? If you are up for the challenge, sign up for the #SaveMoneySaveThePlanet below.
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This is probably the best advice out there. "No, thanks!" is a complete sentence. This is the first tenet of Zero Waste "REFUSE". Say no to things that you don't need, that don't add value to your life. This means saying no to free stuff. It's so easy to get free stuff. Saying no is about being conscious, of not living the default.
This is straight forward advice from Reader's Digest. It's sometimes the convenience of items that generate waste. We live in a grab and go society and sometimes we buy on impulse because we don't have the time to plan meals and sit down for dinner. This leads to waste and a bulging waistline.
Love this exchange between Mr. Money Mustache and J. Money, two preeminent personal financial bloggers. Sometimes, we just have to look at things differently to start doing it. Start simple! It's also good to start thinking about this as the start optimization of life where you not only optimize your spending, but your investments and your waste generation.
If you are not familiar with Mr. Money Mustache, he retired at the age of 30 from his job as a software engineer. They lived a very frugal life, saving and investing the rest. Mr. Money Mustache increased financial freedom and happiness as well as a decreased environmental footprint as a result. He has described the typical middle-class lifestyle as "an exploding volcano of wastefulness."
Mr. Money Mustache was also on Tim Ferriss and you know I am a big fan of Tim as he always brings insightful guests so having him on solidified my appreciation for both men.
No economy without ecology. Isn't that so true though? We can't continue the way we are going and expect to have the Earth be there for us. We rely on the Earth's resources for our survival. We need to take better care of it.
I met Ginny on Instagram and commented on a post when she announced that she was student loan free. How amazing to have done it in so little time so I asked her how and why she did it. Her response showed that a part of wanting financial independence is to look at your habits. She said adopting a Zero Waste lifestyle helped her reduce expenses, save more and pay off debt.