When you hear the word luxury, many people associate it with having a lot of money or wealth. But luxury can mean many things, and everyone’s view of what luxury is will be different.
Live the good life or how to live a life of luxury maybe something you’ve often thought about. And, you might even ask – do you need a big budget to live this way?
What is luxury?
The word itself is a combination of luxuria and luxus, which means excess and lust. Over time, the words have been pinned to items we would consider opulent and expensive vacations, gorgeous cars, penthouse apartments and fine jewelry. And while all of that is fine, the meaning has morphed again in recent years.
Luxury as a term has also been closely associated with things that money can help with – but which cannot be bought.
What concepts can fall under the luxury umbrella?
Going deeper into the concepts that fall under the term luxury, not everything is material value. While there’s nothing wrong with wanting the finer (and more expensive) things in life, luxury can be within everyone’s reach.
Because what really matters is what luxury means to you.
Here are some of the things that have recently been dubbed the “new luxury”:
- Sharing and not owning
- Experiments on things
- Memberships and Community
- Access to education, knowledge
- Ability to be authentic
Can you live luxuriously on a budget?
When budget is an issue, you really need to dig into what luxury is for you. It’s easy to look at influencers and billionaires and see what they’re up to and have that as the only version of a luxury way of life. But, after some thought, you might start focusing on what would make your life luxurious.
And yes, without a doubt, a vintage Fendi or a stay in a 5-star hotel could be just what you need – and you may need to save up for it!
Luxury can be a state of mind; it will not be about material elements but rather about the experience you have. Hunting for free entry and cheap tickets is a great way to rack up experiences. Finding 5 star meal recipes online and making them yourself is a treat. Learn how to do your favorite beauty treatments or find a hack to make your life easier – saves a lot of money.
Free time might just be the ultimate luxury. The more free time you have, the more time you can spend doing something you love. If you have a busy schedule, free time is scarce, which makes it something that matters to you.
Slow living is a mindset that impacts how you interact with the world around you, and in doing so, you’ll begin to discover what brings you joy – and what feels luxurious. And, the state of mind is free!
Living luxuriously on a budget means looking at what means something to you and how to prioritize it.