Minimalism is gaining popularity because people are learning that consumption of consumer goods doesn't make you happy and financial freedom leads to more happiness than consumption. Lifestyle inflation leads to dissatisfaction in life. As people make more they spend more so they need to make more to spend more. People reach equilibrium in life. They adjust and grow accustom to what they have. Once what they have is normalized to them it loses it's impact.It's why the minimalism movement has been gaining popularity.
I was making nothing last year and now I'm getting close to 100k and I'm trying to stop myself from splurging I need to keep this minimalism shyt up
You take a person at $50K and they get by. They drive a car that pay can get them and live in a place that pay can get them and get used to it. You give them $100K pay and they'll increase their living and adjust to that lifestyle and after a while that same person that was making $50K and adjusted to that has adjusted to making $100K and that's their new normal.
For most people it doesn't matter how much they make. 70% of lottery winners who get large windfalls go bankrupt within a few years.
https://www.washingtonpost.com/outl...ational Endowment,bankrupt within a few years.
Once a person figures out financial freedom is the path to happiness and not consumer goods only then can they map out a path to it.