Is a financially minimalist lifestyle guaranteed to make someone rich?

[Trush Jodie]

You know about minimalist lifestyle? That lifestyle where everything is to be calculated before usage. A financially minimalist lifestyle dictates that not even a cent should be wasted. Do you think that kind of lifestyle can make someone rich faster?

 

[King Belieal]

There are people that are minimalists but are not ambitious. They won't still become rich with their minimalist lifestyle.

 

[Suba]

Even though you apply a minimalist financial lifestyle, it will not guarantee that you will be rich, a minimalist financial lifestyle will give you a stable financial condition from the savings in expenses that you allocate to investment instruments and businesses.

 

[Springtime]

A minimalist financial lifestyle may help you to save more money. But if you are not aggressive enough to make money, such lifestyle will not make you rich.

 

[eLdavis]

No this will not lead to you being rich if you do not have a stable source of income, save and invest as well.

 

[Nomad]

Just because you are practicing financial minimalism does not mean you become rich, to become rich you need to earn well and invest your money

 

[arunima25]

The only way to become rich is to earn much more than your financial obligations. And to save, invest and grow your money. Living minimalist is no assurance of becoming rich. Yes, it might help you to stay financially disciplined and save more.

 

[Min George]

Minimalism doesn't replace the need to invest. That's the sure pathway to becoming very rich in the long term.

 

[Fidelia]

I don't believe that I need to suffer myself in the name of being a minimalist to become rich.

 

[Kera]

The irony is that the minimalists that I know around me are very poor. I don't even understand how it works

 

[freelancermaria]

You can save money by leading a minimalist lifestyle. However, leading a minimalist lifestyle is pointless if you do not put in the necessary effort to become rich. Hehe

 

[King Belieal]

My dad is getting poorer the more he is trying to calculate and manage everything from cooking gas and water. Live optimally and chase money and you would be rich.