The minimalist mindset in action

4 ways to save time & money on vendor contracts.

If we’ve learned anything during the COVID-19 pandemic, it’s to re-focus on the essentials. That’s very much in line with the recent minimalism movement, so it’s not surprising that most of us are taking a minimalist approach in at least some aspects of our lives lately.

Far from being just a way to clear clutter from your home or “spark joy,” as tidying guru Marie Kondo frames it, minimalism is a total approach to eliminating the unessential and the unfulfilling so you can focus on the most important aspects of life. For banks and credit unions, a minimalist mindset (during hard times and prosperous times alike) can help free up time, money and space to grow—especially when it comes to vendor contract negotiations.

This, in turn, will provide you with more resources to serve your account holders and members.

To adopt a minimalist mindset, follow these strategies:

 

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