What It Means To Be A Valuist: Start Living With Intention

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What It Means To Be A Valuist: Start Living With Intention
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On a recent podcast, Brad talked about being a valuist. As we’ll see in just a moment, being a valuist may just be the perfect balance between being a minimalist and a frugalist.

Here at ChooseFI, we don’t just want you to just regurgitate our ideas or mimic our behaviors. Instead, we want to empower you to live intentionally.

We want you to figure out what you want out life and set intentional goals to get there. So let’s talk a little bit more about what living life as a “valuist” is all about.

What Is A Valuist?

In terms of financial independence, a valuist is someone who spends money on experiences or things that they truly place value on. It is a mindset like frugalism or minimalism but it can represent more of an individualized approach rather than something that fits neatly into the other two categories.

Being a valuist is simply choosing to live one’s life with intentionality.

In the larger picture of life, a valuist is someone who keeps their values in consideration when making decisions. It is a way of making choices and it fits so well with the FI community.

For example, many of us choose to live life with less consumption so that we can get back something that we all value–time. In another example, you might choose to go on an unpaid vacation rather than increase your wealth because time with family holds a lot of value to you.

Choosing to live a life with values and intention is a critical component to finding success and happiness. Intentionality and mindful living have been so absent in a culture that values big houses, fancy cars and impressing the Jones’.

Intentional Living: Helping You Choose Between Your Minimalist And Frugalist Tendencies

There is a lot of overlap between minimalists and frugalists. But when you take both philosophies to their furthest extremes, they could be defined as follows:

  • Frugalists: People that are on a mission to pay less.
  • Minimalists: People that are on a mission to own less.

Again, these are just the extremes of both mindsets. The truth is I don’t fit perfectly into either box. And I have a feeling some of you may feel the same way.

For instance, I used to consider myself someone who landed squarely in the frugalist camp. But after finally giving in to my wife and watching Marie Kondo’s “Tidying Up” show on Netflix, I have to admit that many of her “minimalist” ideas appealed to me.
  • After watching a few of the episodes, my wife and I had a long discussion about how our accumulation of “stuff” was leading to more stress in our lives.
  • So, yes, in case you were wondering, we are one of the couples who threw out several trash bags worth of stuff after watching her show.
But why did we make that decision? Because we considered the emotional and mental benefits that would result from getting rid of some clutter in our lives…and those benefits seemed valuable to us.
And that’s really the point. When you are living intentionally, you are constantly aligning your short and long-term goals with the things that you value the most.

Forget The Labels And Choose Intentional Living Instead

So do I now consider myself a minimalist? Not hardly.
I refuse to pledge my full allegiance to either side. I’m not about to let myself get labeled as a member of any camp. Why? Because I want to intentionally pursue after the things that make me happy, not what anyone else says I should pursue after.
Below, you’ll see that I land in completely different spots on the minimalist to frugalist spectrum, depending on the topic:
  • When it comes to clothes, I definitely lean minimalist. I hate overflowing drawers and I can’t stand laundry strewn all over the house.
  • When it comes to my car, I’m a full-on frugalist. I could care less about what my car looks like. I want to find the cheapest car I can get my hands on and drive it till the wheels fall off.
  • When it comes to travel, I fall right in the middle. We travel more often and farther than most people and we budget for travel all year round. Why? Because travel is something that we value a lot. But we also use credit card rewards points to save huge money on transportation and hotels.

Those are just three examples of how I live intentionally according to my values.

But you may have a completely different value system when it comes to clothes, cars, and travel. And that’s great too. The key is to ignore the noise and opinions of others and make intentional plans to turn your dream life into your real life.

  • If you value early retirement, then you need to make intentional plans to make that a reality.
  • If you value family time and you’re not getting enough of it with your current job, then you may need to make intentional plans for a career change.
  • If you value fitness, then you may reduce or cut out some line items in your budget to make room for a gym membership.
  • If you value nice cars, then make intentional plans to save up and buy the car of your dreams.
  • If you value being debt free, then make an intentional plan to get out of debt as soon as possible.

All these examples help illustrate why becoming a valuist is so important. It allows you to let go of other people’s expectations for your life. And it frees you up to start intentionally chasing after the things that really matter to you.

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What It Means To Be A Valuist: Start Living With Intention

ChooseFI has partnered with CardRatings for our coverage of credit card products. ChooseFI and CardRatings may receive a commission from card issuers.
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4 thoughts on “What It Means To Be A Valuist: Start Living With Intention”

  1. I LOVE your first article. First, congrats on travel hacking your way to the Boston Marathon! Qualifying for that is an accomplishment in and of itself! Travel hacking there makes it way cooler.

    Second, I can totally relate to the monkey mind. I’ve had to uncover the lies I’ve believed about myself for too many years. Then I got to the root of them, proved their invalidity and ultimately replace them with the truth. Whenever these thoughts try to come back at me, it is rinse and repeat.

  2. Thank you for your comment! Boston should be fun and the couple nights at a spg hotel to boot! I was trying to get a first class flight back but I think everyone else had the same idea so I’m a little worried about being crammed in coach after running that far….but at least the flights were free or nearly free.

    Yeah, that monkey can be a deceiving little bugger. Our minds aren’t really our friend when it comes to how they can hold us back. Woke from that matrix too. 🙂

  3. That’s a great way to analogize it! My monkey mind has a very loud voice indeed, and it has definitely prevented me from doing things that would probably have enhanced my life. I’m getting better at avoiding the downward draw of doubt, but it is a continuous fight. Much like running a marathon, I suspect.
    I’m glad you have pushed through to begin writing, and I look forward to your next installment!

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