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Downshifting
Downshifting
box.
In the 1990s this new form of voluntary simplicity began appearing in the
mainstream media and has continually grown in popularity among populations
living in industrial societies especially the United States, the United Kingdom,
and Australia.
Downshifters are people who adopt long-term simplicity in their life. They accept
less money through fewer hours worked in order to have time for the important
things in life. Downshifters also place emphasis on consuming less in order to
reduce their ecological footprint.
Downshifters have two things in common. Firstly, and most importantly they
believe that an excessive pursuit of money and materialism comes at a
substantial cost to their own lives and to the lives of their families. Secondly
downshifters take responsibility for their situation. Instead of complaining and
expecting the government to do something they take action to change their own
lives.
People who downshift are looking to improve their personal lives. These changes
could take the form of more spare time, a reduced workload or a lower stress
level. To achieve these goals, the person must be willing to give up his or
her current standard of living and look to reduce the cost of living. For example,
someone may attempt to downshift by reducing monthly expenses, moving to a
smaller house or selling unnecessary possessions.
Sources:
http://www.thefreedictionary.com/downshifting
http://www.investopedia.com/terms/d/downshifting.asp
http://www.slowmovement.com/downshifting.php