necesslvh

necesslvh is a term that has emerged in online communities, particularly within discussions related to personal finance, frugality, and extreme saving. It appears to be a portmanteau, blending the word "necessity" with the abbreviation "LVH" which may stand for "living wage" or a similar concept related to basic income needs. The core idea behind necesslvh seems to be the practice of minimizing expenses to an absolute minimum, focusing only on what is deemed essential for survival and well-being, often with the goal of achieving financial independence or escaping debt at an accelerated pace.

Individuals who identify with or discuss necesslvh often share strategies for drastic cost reduction. This can include cutting back on discretionary spending such as entertainment, dining out, and new purchases, and may extend to more significant lifestyle changes like reducing housing costs, optimizing food budgets to the extreme, or minimizing transportation expenses. The philosophy often prioritizes long-term financial freedom over immediate comfort or luxury. While some view necesslvh as a pragmatic and empowering approach to financial challenges, others may critique it for potentially leading to an unsustainable or overly restrictive lifestyle. The term and its associated practices are predominantly found in online forums, social media groups, and personal blogs dedicated to financial independence and early retirement.