The Spaciousness of Simplicity

When people talk about wanting financial freedom there’s often an inherent assumption that the way to get there is through earning more and accumulating more.

The definition of financial freedom that I love is this:

You are financially free to the extent that your passive or residual income (income that you earn over and over again for work done once) is greater than your living expenses.

In order to achieve this goal we have two choices: increase our passive or residual income or decrease our living expenses.

In 2010 I drew a line in the sand for myself that my 28th year was the year I was going to truly and officially be financially free (including zero debt.) I decided to tweak both sides of the above equation to gracefully jeté over that line. I radically simplified my life AND I increased my passive and residual income.

I’ll talk about increasing passive and residual income in a future post (so be sure you’re on my list so you get it directly in your inbox) but today I’m going to talk about simplification.

I am not the first person to bring this up. There are bazillions of other writers sharing the power of cutting back and living with less in order to experience more life.

The difference is that I’m not, nor have I ever been, a minimalist. And becoming a minimalist is not something I strive for.

What I’m talking about is the spaciousness that can be created through simplicity.

Up until about two years ago it had never occurred to me to spend less money than I made. I had this erroneous belief that having abundance meant making more money and then spending it. Seriously. That’s what I thought it was about.

I had read plenty of times that we should live within our means but honestly, that brought to mind images of women wearing orthopedic shoes and ugly corduroy jumpers.

It felt limiting. It felt like deprivation. It felt down right unsexy.

But the thing is I had all this credit card debt (to the tune of about $20,000). And I also knew that I wouldn’t consider myself truly financially free until my debt was paid off, even if I was making enough residual income to cover my living expenses.

So I decided to cut financial ties that were binding me, let go of the “stuff” (physical and energetic) that was no longer serving me, and hit the road on The Freedom Tour.

One of the beautiful side effects of taking off on the road in my Prius with just what I considered to be essential was that it decreased my living expenses significantly.

For the first time in my life I was living on less than I was making and the space in my finances felt life affirming.

Giving us extra wiggle room financially births all sorts of possibilities that wouldn’t have come about while living paycheck to paycheck.

Within a few months I paid off all of my debt and was able to dramatically increase my savings. (Not to mention the fact that creating all that space brought true love to my life and a book deal.)

I was finally experiencing what living below my means was really about.

It felt elegant. It felt exhilarating. It felt ripe with potential. It felt deliciously spacious.

I didn’t use the conventional financial wisdom of looking through my expenses to see what I could cut down on. Instead, I focused on what I truly valued and added more of it while eliminating anything that was no longer lighting my heart’s fire.

I moved toward and expanded freedom, adventure. space, connection, quality time with people I love, travel, and wide open sky.

I eliminated clothes I never wore, an apartment that I no longer needed, business relationships that were keeping my partners and I small, and beliefs about my worth that were preventing me from sharing my value with the world.

Now that I’m settled in my home in Maine and no longer living on the road, I continue to stay vigilant to my version of simplicity. Do I have way more pairs of shoes than I did when I was on the road? Yes. Yet I still remain true to spending time and money on only that which brings me true value and joy.

I’ve tasted the freedom and spaciousness of spending less than I make.  And I will never go back to the cramped feeling of spending more but ultimately having less again.

When we simplify from a place of getting clear on what is critical to our fulfillment and enjoyment of life, it feels incredibly spacious and abundant. When we simplify from a place of cutting back it feels cramped and limited.

You don’t have to sell your home, get rid of all of your stuff, restructure your entire life, leave partnerships, and take off on the road to create simplicity. (Though I highly recommend it if it sounds like fun to you.)

Instead, ask yourself the following questions:

What do I truly love?
What do I crave?
What am I doing when I feel I’m at my best?
How can I bring more of the above into my life?
What is no longer serving me that I can release?

Abundance lies in simplification. (Click to tweet.) Give yourself permission to take a leap towards what you want and release what you don’t want along the way. Then relish the space you create.


  • There are so many things (and debts, and bills) I wish I could get rid of. But I’m not alone in controlling that, unfortunatelly.

  • Amber

    Yes! I find simplicity creates space in so many areas of life. Great reminder, Kate.

  • Moira

    I love this, Kate!! Inspiring! Thank you!

  • I wish I knew you when I was 28 :) … THANKS FOR THIS .. Awesome !!

  • Great article Kate! I LOVE the shift in perspective from “living below your means” to creating the elegant spaciousness of freedom. Thank you for sharing!

  • Aakriti

    Wow Kate! This was perfect.. Thank you for being the loving channel to bring this information to me.. The way you put it, adding things we love and value into our lives, instead of cutting out stuff to cut down expenses, it felt like a light bulb switching on. So simple and straightforward, I believe that somewhere I knew this already and this was a lovely reminder. I cannot express how I feel after reading this, these words fall considerably short. Nonetheless, thank you. And keep the great stuff coming! God bless!

  • Love this post Kate! I love purging and getting rid of things that don’t serve any purpose. I traveled around the world for a year and only had a tiny backpack, all I could carry and need was in there. I try and channel that approach to simplicity even tho I am not traveling as much anymore (for now!)

    xo Johanna

  • a very good reminder and i love it. life is so short that getting into the things i love most is very important and while i am able to do so i will do it so as to leave a footprint that can be of a model to my kids and their kids later on. thanks kate

  • Sometimes — maybe even frequently — less really is more. I’m looking forward to creating a new definition of financial freedom and empowerment. Woo hoo!

  • I adore this philosophy. We’ve been making a concerted effort over the last year or so to get rid of stuff that’s just dragging us down, and while it’s slow going, we’re making progress. I actually have four bags of clothes and coats in the car destined for donation right now!

    • Sandy Glover

      Try to make a point of dropping them off ASAP. I had bags waiting too and found that I just couldn’t find anything I loved when I would go shopping. Then when I finally released and gave those bags for donation things changed! We need to give to receive and we need the space open and waiting to fill it!

  • I absolutely love this article! It hit me right in the face, sort of a wake up call to myself. I need to let go of things that are no longer serving me asap! Thank you Kate!

  • Reading this was just what I needed. I just quit my job to pursue my true passion, which is to teach meditation/mindfulness and work with therapy. Money somehow seems to come into the bank account, not that I know how. But I need the inspiration to actually have some control. I just took your money test, and I realized that I don’t have a clue about how much I spend.

  • Elizabeth S.

    A burning question I’ve had for a long time is, how do you create financial abundance when you have a salary cap in a corporate job? Thank you!

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