The Minimalists Propose Three-Month Expense Reduction Plan to Escape Career Traps
Joshua Fields Millburn and Ryan Nicodemus outlined a three-step financial reduction strategy to help individuals escape career traps and reduce living expenses. The plan involves cutting 100 percent of likes in month one, 100 percent of wants in month two, and reducing basic needs by at least 50 percent in month three.
“Month 1: Get rid of 100% of your likes. All of them. Gone.”
Joshua Fields Millburn
“Month 2: Get rid of 100% of your wants. Yes, all of them at first.”
Joshua Fields Millburn
“Month 3: reduce your needs by at least 50%.”
Joshua Fields Millburn
Heard on Optimal Finance Daily — “3751: Need, Want, Like by Joshua Fields Millburn and Ryan Nicodemus of The Minimalists on Financial Independence”, published Thursday, October 29, 2026. Heardvine summarizes and quotes with attribution and timestamps, and links to the original everywhere.