Well yes! I like to think of it's as a less scary term for it. "Minimalism" gets a bad rep because people who dismiss minimalism usually don't understand what minimalism is about.
The people who say they could “never do it" probably think of all the restrictions and the things they think you have to give up. Your car, your TV, even your career or dream of having kids.
Minimalism isn’t about suffering and giving up things you love, it's about making more room for the things you love by ridding yourself of the things that cause you worry, but very little joy.
This lovely quote from the Minimalists sums it up perfectly "Minimalism is a tool to rid yourself of life’s excess in favor of focusing on what’s important—so you can find happiness, fulfillment, and freedom."
Doesn't that sound great? Rid yourself of excess stuff, reclaim the time that was spent worrying or doing admin. Time you can use to pursue your passions!
Only you can decide what is "excess" in your life and what makes you happy.