The Kevin Rose Show – The Minimalists on How Your Life Might Be Better With Less

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Intro
The Origins
  • Why the name? -Because the domain was available for $7
  • We’ve been sold this meme of the American dream as a template
    • Society says – Follow this recipe, and you’ll get the result of happiness
  • In a way, money amplifies your bad habits
  • It’s important to ask yourself:
    • “Who is the person I actually want to become?”
    • “What am I actually passionate about?”
    • “Why am I giving so much meaning to all these things?”
    • “Why am I unhappy?” (if you are)
  • “TV is a treat” – Kevin
    • You shouldn’t make watching TV a daily thing
One Good Way to Get Rid of Stuff
  • Have a packing party
    • Pack up all your stuff (as if you were moving) and as you need it, unpack it
    • At the end of 3 weeks, everything you haven’t needed, throw out or give away
  • “I’ve spent the last 10 years of my life, spending 10s of thousands of dollars on this stuff, to make me happy, and none of it is doing it’s job”
More on Minimalism
  • What you own can be broken down into 3 categories
    • Essentials – food, clothing etc.
    • Non-essentials – things that add value to your life, but you could get by without them
    • Junk – Impulse buys, things you don’t need, “aspirational purchases”, “retail therapy”
      • For many things in this category, it looks like we’ll get value from the purchase, but we don’t stop to ask ourselves if we actually will
      • This is unfortunately the largest category for many people
      • The average American has $16,000 of credit card debt – probably due to junk purchases
      • Other statistics – the average American has 4 active credit cards, and 1/10 Americans has over 10 active credit cards
      • The average American household has 300,000 items in it
        • Note from Podcast Notes – this seems like a lot?
  • “We’re raised being told that money doesn’t buy happiness, but we all want to try it out for ourselves”
    • Money solves money problems, but it doesn’t do much more than that
  • If you didn’t buy all that stuff, think about:
    • How much closer you’d be to getting out of debt
    • How much closer you’d be to retiring early
    • The freedom you’d have from not having to work 50-60 hour weeks
  • One good strategy Kevin recommends for getting rid of stuff – just throw out 1 thing a day
  • True cost
    • We often think of the price tag as the cost, but you also have to take into account taking care of the item, worrying about it, maintenance time/cost etc.
  • Buying things is an addiction
    • For Kevin, Amazon has always been a weak point
    • $1.2 trillion is spent on “non-essential goods”, per year in the U.S.
  • “We all have to buy things, just do it consciously”
    • What it comes down to when making a purchase – ask if it will add value to your life
  • As you get rid of more things, the things you do own, will start to mean more to you
  • You can also apply minimalism to people – get rid of toxic people in your life
  • Minimalism does not necessarily mean frugality
    • “Minimalism is not about deprivation”
How might your life be better with less?
  • Everyone will have a different answer to this question
    • Examples – getting out of debt
  • But your answer will highlight what the benefits of simplifying your life are for you
Tricks of the Trade
  • If something costs more than $30, wait more than 30 hours to buy it 
  • Before buying something – Ask if the purchase will add value to your life, serve a purpose, or bring you joy
    • Also ask: Is this the best use of this X dollars?
    • But be careful – “The things that add value today may not add value tomorrow”
How do The Minimalists treat technology?
  • Josh own an Oura Ring (use code “podcastnotes” for $50 off yours)
  • Ryan still has an iPhone 5
    • “Somehow our parents got by without an IPhone 10”
    • It’s hard with new phones, we always feel the need to upgrade
  • Ryan describes an experiment he did:…
    • He’ll temporarily deprive himself of things to see if it truly adds value to his life
    • For a period of time, he went without internet at home, a TV, and a cell phone for 2 months
    • “I came home – no TV, no internet, no cell phone. You learn a special kind of loneliness. All those pacifiers we reach for – from a cell phone, to the internet, etc. It was gone.”
  • Check out How The Minimalists are Using Social Media in 2018 – it’s very deliberate
  • “A tools is only as good as its user”
  • Put rules in place
    • No screens in the bedroom
  • We are really on our phones too much
    • “With all of the devices we have to stimulate us, we have to have boundaries. If you don’t, it can get out of control.”
    • We’re constantly stimulated, all day long, and the majority of the stimulation isn’t meaningful – it’s not good
    • Check out these photos – the photographer edited out the phones, look how dumb we look
  • Check out Carl Newport’s TEDx Talk – Quit Social Media
Other Cool Minimalism Recommendations
What’s next?
  • They have a second documentary coming out later this year
    • They describe it as both a prequel and a sequel to the first
  • Josh and Ryan try to just focus on 1 project a year
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