Could Minimalism Be the Antidote to Household Debt?

Minimalist lifestyle catching on as more people opt for living simply

Joshua Fields Millburn regales the audience while Ryan Nicodemis looks on during a speaking engagement in New York City. Since paying off their debt and simplifying their lives five years ago, the two have become have become poster boys of sorts for the minimalist movement. Courtesy of The Minimalists

With household debt at an all-time and showing no signs of abating, the minimalist lifestyle is offering an attractive option for some Canadians who wish to get off the consumption treadmill.

These days it isn’t rare to hear someone describe themselves as a minimalist, and blogs about the lifestyle are popping up in droves while how-to books are becoming bestsellers.