People oftentimes don’t know what it ultimately means to be a minimalist and even more so what it means to apply a minimalist approach to your personal finances. While this movement has people with varying degrees of commitment to the cause, how correlated is a minimalist lifestyle to minimalist finances? Expanding this further to look at a new term called Financial Minimalism and how these terms differ. Then taking into consideration voices from each specific movement, will help clarify the approaches.