The act of reducing one's standard of living for an improved quality of life. Downshifting assumes a tradeoff between standard of living, such as level of wealth, and quality of life, which relates to well-being.

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.

Investment dictionary. . 2012.

Look at other dictionaries:

  • Downshifting — is a social behavior or trend in which individuals live simpler lives to escape from the rat race of obsessive materialism and to reduce the “stress, overtime, and psychological expense that may accompany it.”[1] It emphasizes finding an improved …   Wikipedia

  • Downshifting — Saltar a navegación, búsqueda Reducción de marcha es un comportamiento social o tendencia en la que los individuos viven vidas más simples para escapar de la carrera de ratas del materialismo obsesivo y reducir la tensión, stress y los… …   Wikipedia Español

  • downshifting — downshift down‧shift [ˈdaʊnʆɪft] verb [intransitive] JOBS if someone downshifts, they willingly choose to do a less important, difficult, or stressful job, so that they are under less pressure and have more time to enjoy their life downshifting… …   Financial and business terms

  • downshifting — Gen Mgt the concept of giving up all or part of your work commitment and income in exchange for improved quality of life. The term was coined by Charles Handy. Downshifting has increased in popularity because of rising stress in the workplace… …   The ultimate business dictionary

  • downshifting — {{#}}{{LM D46106}}{{〓}} {{[}}downshifting{{]}} {{■}}(ing.){{□}} {{《}}▍ s.m.{{》}} Estilo o modo de comportamiento que consiste en mejorar la calidad de vida dando menos prioridad al trabajo y viviendo de una manera más simple: • Decidió practicar… …   Diccionario de uso del español actual con sinónimos y antónimos

  • Downshifting — Einfaches Leben (Simple living), auch Freiwillige Einfachheit (Voluntary Simplicity), oder Downshifting genannt, bezeichnet einen Lebensstil, der sich als Alternative zur konsumorientierten Überflussgesellschaft sieht. Seine Anhänger versuchen,… …   Deutsch Wikipedia

  • Downshifting — …   Википедия

  • downshifting — noun A social trend towards living a simpler, less ambitious life with a better work life balance …   Wiktionary

  • Downshifting — Down|shif|ting [ da̮unʃɪftɪŋ ], das; s, s <Pl. selten> [zu amerik. to downshift = herunterschalten, zurückschalten, zu: shift = Schaltung] (bildungsspr.): das Downshiften …   Universal-Lexikon

  • Downshifting — Down|shif|ting , das; s, s Plural selten …   Die deutsche Rechtschreibung

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