The Importance of Minimalism

Joshua Fields, Millburn: I grew up really poor in Dayton on welfare and food stamps. He realized that if he work six or seven days a week, 60, 70, 80 hours a week, you can make good money even as a 19-year-old. But then he noticed that he was spending $65,000 a year - not enough to be happy. Joshua says there's $12 trillion in consumer debt in the U.S., including student loans.