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Simple living can be hard work. You’ve got to say “no” when it’s easier to say “yes,” ignore the marketing messages being thrown at you from all angles, and find meaningful ways to fill your time. Just because it’s simple, that doesn’t make it easy, though. So what’s the point?
I’ll be honest: the point, for me, changes from season to season, and even week to week. I find new challenges, new drawbacks, and new

Living simply means not working around the clock just to eat a fancy plate of sushi, to have the nice clothes, to take the long trip. It means prioritizing what's important and spending more time with my friends and family.
And yeah... sometimes what's important to me is the sushi, the clothes, and the trip. But for me, it's easier to say no so I can earn or save my way to saying yes.
I agree with Susan - living simply for me means prioritizing.
I enjoy having a wide margin of error - living simply keeps down the clutter that eventually can become a problem, and it gives me a small cushion. With these turbulent economic times my cushion is not as big as I would like it to be, but something is better than nothing.

The point of living simply, for me, is the ecological crisis. Those of us in the West, 20% of the world's population, use 80% of the world's resources. And, the consequences of the ecological crisis is most felt by the world's poor (here, and especially in the so called "Third World.") Therefore, learning to live simply - which means a dramatic reduction in our consumption, is an urgent necessity, for all of us.
I also feel that living simply means making the home the haven of all havens. At a slow or fast-paced day at work I find great comfort in knowing that when I go home my fiance and son are waiting. Especially my son because all day I anticipate seeing what new things he has learned or what activity he has had planned for my arrival. Also being able to switch it up and turn a negative into a positive makes life more simple and enjoyable.

Hhmm, living simply, great topic! I guess for me I'd say that living simply allows me to choose my priorities rather than say...the mortgage company, the bank, even my boss. If I'm living to the extreme and in debt above my eyeballs, I have to go to work and I have to be worried about an economic downturn... because I have to pay my bills or be out on the street!
Living simply, to me, means living below my means in order that I might one day live by my own means.
I've actually been trying to get my arms around this idea well enough to reduce it to writing for a few months now. I watch people stretched to their limits, running from work, to soccer, to the gym, to... where ever, only to make it home in time to sleep a few hours and do it all over again tomorrow. Why?
I love the fact that I enjoy my day at my own pace. I have no aspirations to return to the executive suite, there are too many hours hiding there, waiting to trap me in there. I'm perfectly happy, making less yes, and enjoying it so much more! I highly recommend it for everyone!
I wonder if living simply is more a result of having strong goals. It's easy to free up your life when you stick to accomplishing a handful of lifechanging events. Things like studying for an exam, losing weight, or trying to scrape together a down payment are worthwhile endevors that cause you to say no to other things.