Weekly #2 – Good Money Habits

How to grow your money, sharing an important insight & more in this weekly publication.

Use a debit card instead of a credit card

With a debit card, you can only afford what you can pay with real money you own. The chance of getting into debt is at 0%. If you use a credit card, you could get a prepaid credit card because you need to (f.e. for online payments). Same principle as with the debit card, but working as a credit card. I use this for years and have never regretted it. It lets you control your spending and you will never spend money again, that you are not owning.

Pay yourself first

After you get paid from your business or employer, first, shift some of that into your savings and retirement funds. After that, you pay your bills. You can then live with what is left. Of course, that money that you are paying first for you shouldn't be too high. Just high enough so that you can live with what's left.

Set budgets

Budgeting is really important, either you are a minimalist or not. It sets your limits on how much you can spend for what. Setting a budget for everything you spend lets you define the money you will need to live, mentioned in the Pay yourself first paragraph above. There are tons of mobile apps for your smartphone, that lets you take control of your budget. Just to name one of the most popular and recommended ones: Mint.

Spend more time on earning than on spending money

The title says it all. As a minimalist, you will reduce your spendings and with that, you will get more time available. If you can, just earn more money in that time and you will get wealthier over time.


Weekly Inspiration

A collection of my favorite websites & products of this week.

Nothing Tech – Nice website design from the hyped tech startup Nothing.

Sketch App – Sketch rebranded its brand and also made a new website landing.

Peppa Sauce – An interactive brutalist website that makes fun to use.

Chromatic Pastels – Stunning series of diffractive light art by Shane Griffin.


This Weeks Insight

“Working hard doesn’t get you anywhere if you’re working on the wrong thing.”

by James Traf


Cool Things

A list of links to news, tools, products, articles I think is worth a read.

Beats Studio Buds – Apple Airpods Alternative.

Abundantia – A weekly newsletter about financial freedom sharing tons of value.

Nothing Ear(1) – Stunning & most hyped earphones of this first year’s half.

My mind colors – A great collection of unique color combos.

Peter Tarka – An absolutely stunning 3D artist

Apple Online Store – Redesigned their store page according to their new rounded UI


I hope you enjoyed this week’s newsletter. If you have questions or comments just leave them below in the comment section. Looking forward to hearing from you!

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Sincerely,
Cédric