Age Of Minimalism

As our national economy continues to crumble and contract, our nation’s citizens could be facing a new age, an age of minimalism. Our country has been proud to have garnered the labels of the number one economy in the world, the leader of the free market, and the only country where if you worked hard enough, you could have everything. The last generation of our country migrated from one of the worst economic times, the Great Depression, to one of the best economic times, the Age Of Excess.

Yes, we are/were in an age of excess, you cannot deny it. While your particular purchasing habits may not have been of epic proportions, society as a whole focused upon possession and more of everything. After so many years of living beyond our means (I’m at fault here myself), we are all paying the price of our past mistakes. We were all blindly led to believe that the future offered everything that would satisfy our monetary needs because our equity continued to build as we bought more and more stuff. We kept expanding and living upon the faith that a dollar spent today would turn into more than a dollar in the future. However, that future was expected to be the VERY NEAR future.

In between the buildup and that seemingly promised future, we have experienced a major issue, our economy buckled under the constant pressure of excess living. No longer do we have that “guarantee” of future monetary reward for our past greed. I say greed because what other term can you logically apply to how we were living? We were ALL at fault for living greedily. Blame who you like, but we are all responsible for our own decisions in the end.

Now that we are experiencing the cyclical nature of the free markets and the dire consequences of our actions, we are left with a very important decision to make. Are we going to try and persevere through these “tough” times and continue our previous way of life or are we going to change how we live and change our purchasing habits? I for one am going to enter what I call an Age Of Minimalism. My purchasing habits will be directed by a set of strict guidelines that focus upon need and not greed.

Do I actually need what I currently own? Of course I need a house and a vehicle, but do I need a huge house and an SUV to satisfy those requirements? Outside of food, shelter, and other life necessities, what do we truly need? Do we need multiple televisions? Do we need a library of books and DVDs? Do we need new furniture and all the knick knacks that make our home cluttered? You get the idea. Sure, there are some things that we do need, but there is a very clear line between things we truly need and those which we don’t. There is also a clear line between satisfying your need and EXCESSIVELY satisfying your need.

We have been inundated with the big box stores promoting greater savings by buying larger packages of stuff. Do you need a gallon of ketchup? Do you need 36 cans of Spaghettios? Do you need 48 rolls of toilet paper? If we are buying these things, we have to have a place to put them right? So, we need more of everything… more stuff that we “need” and more space to store this “stuff.”

Our nation is facing a turning point and I believe that either by choice or by economic force, our citizens are going to each have to make the choice and choose to live in an Age Of Minimalism. Our President Elect Barack Obama rode the winds of change to the White House based upon his promises for a better economy. However, his latest speeches have been ENTIRELY focused upon the need to temper our expectations about what can be done. He says things will likely get worse before they get better. He says it will take time to fix what years (a generation) have broken. Really… and here I thought his election was a magic pill for our economy and people would somehow wake up with thousands of dollars in their bank account so they could go about their business and merrily spend their money…

The choice we face could determine the long term existence of our country. If we fail to change our lives of excess, our economy could disintegrate and we would no longer be a relevant nation in the global economy. We must change from being greedy to being focused upon our needs. If we satisfy our needs and save our money, we will return our nation to economic prosperity and our lives will in turn become more satisfying. We are worried about our economy because we chose to live excessively. We are now paying that price and that price may destroy our nation’s long term economic success if we fail to recognize our ignorance. Change from greed to need and happiness will return, along with economic stability.