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How to Live Without Money

What It's Like to Live Without Money

Although we all think about cutting back on spending, most of us don't consider living without money completely. Business Insider gives us a glimpse of what it's really like to live without the restraints of money.

As we edge closer to a cashless society, some consumers are quietly challenging the idea of money in the first place—by giving it up completely.

Daniel Suelo, 50, traded his nine-to-five for dumpster diving and a cozy cave in Utah's canyonlands back in 2000.

But even before Suelo, there was Germany native Heidemarie Schwermer. In her early 50s, Schwermer decided to see what it'd be like to leave her cushy job as a psychotherapist and live money-free, a journey that's been documented in the film "Living Without Money."


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Sixteen years later, she hasn't looked back. Schwermer, now pushing 70, recently took a pause during her stay in Hamelin, Germany to chat with Business Insider about why she decided to leave everything behind. Here's how she's doing it:

  • WWII refugees, Schwermer's family fled from Prussia to Germany in the 1940s. Her father had owned a successful coffee roastery and kept a nanny and full-time gardener on his payroll. "We were well-off but ended up as riff-raff," she says. "Then we became rich again and (we) had to defend it. I've always had to justify myself, whether we were rich or poor."
  • Throughout her life, she became fascinated with finding ways to live without money. A former teacher and psychotherapist, Schwermer formed Germany's first exchange circle, "Give And Take Central" in 1994. The group helped locals exchange simple services like babysitting or house cleaning for tangible goods. "I noticed that I needed money less and less," she told Business Insider. "And so I thought, I can try to live one year without money."

Read on for more.

  • Schwermer attempted to live without money at least four times, she says, but it wasn't until a friend asked her to house sit for three months that she finally took the plunge. "I said, 'The time is right. Now I'll do it.' I gave everything away." That included her apartment, which she sold first, and everything that wouldn't fit into a small suitcase.
  • What was only meant to last 12 months became her life for the next 16 years. "I only wanted to try to do an experiment and in that year, I noticed a new life," she said. "I didn't want to go back to the old life."
  • Family and friends weren't on board when she pitched the idea. She only sees her two children and three grandchildren a few times per year, but says they've warmed up to her come-and-go lifestyle. "Now they're proud of what I'm doing. It's enough for us," she says.
  • After divorcing her first and only husband 40 years ago, Schwermer hasn't re-married. She's clearly not in any rush. "If it happens, I'm interested, yes," she says. "Sometimes it does. Sometimes it doesn't."
  • Forget retirement: She gives away her pension and brushes off questions about her age. "Most people my age like to sit in their gardens," she says. "I like to travel around."
  • In the beginning, she did odd jobs around her hosts' homes, like gardening or window washing, to earn her keep. These days, people usually don't expect anything in return.
  • She's a light packer. When seasons change, she gives away old clothing and waits for new ones to come along. When they do—usually donated by hosts or friends—she calls them 'miracles', rather than charity.
  • "I see a lot of miracles in my daily life. For example, in the beginning I found food. I thought about things and then I found them in the street or people came to bring them to me," she explains.
  • Her schedule is pretty strict. After a week, she's off to somewhere new, usually running the lecture circuit at speaking engagements around Europe and lately helping to promote her documentary. The only payment she accepts, however, is enough to cover her train fare. "I'm always thinking how I could make things better for life in the world," she says. "I am something like a peace pilgrim. I go from house to house sharing my philosophy."
  • She's no stranger to press, but this interview on RAI TV, a Rome, Italy-based talk show, put her over the edge a few years ago. She hasn't done another one since. "I can endure (critics), but when they tell me to my face, it's hard," she says.
  • Friends often get frustrated with her come-and-go lifestyle. She's turned down many invitations to extend visits, including ones to stay permanently. "But I say no (to staying longer) because I can't," Schwermer says. "I feel that I must go. It's always my job to be in the world with people."
  • She coaches a group of student environmentalists from Muenster, Germany's BUND Youth in the ways of bartering. At a local market, they managed to turn that pencil into a fistful of fruit.
  • These are stickers she keeps on hand to pass out at speaking engagements. They say "Gib & Nimm" (Give and Take). "If you let one side get away then (life) is unbalanced," she says.

  • In the documentary about her life, "Living Without Money", she's seen foraging for leftover produce at fresh air markets, where she might ask vendors for unwanted leftovers or find them discarded in heaps on the ground. But don't call her homeless. "You cannot compare me to other homeless people," she says. "They are not well-liked and invited into people's homes."
  • "I think it's necessary to see that we are all from one fountain and that the whole world is one organism. We are little cells and we have to work together."

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