My Challenge to Clean Up and Clean Out
Suze Orman
Bestselling Author | Host of the Women & Money Podcast | Co-Founder of SecureSave
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Some of the best-performing stocks through the pandemic have been companies that run self-storage facilities. They can't build sites fast enough to satisfy Americans' appetite for storing stuff.
I get what is at play for some of you - a bit too much together time with your family amid work-from-home/remote-schooling and generally not going out much, made finding some alone space a matter of survival. Whether it was for a home office, a workout area, or an escape space, you needed to make room. So you moved some of your "stuff" into storage.
But it's nearly two years into the pandemic upending our lives. My question for you is whether you really need all the stuff you put in storage? If you haven't used it for two years, might it be unnecessary?
That's my challenge: can you get rid of your storage unit? And for those of you with multiple units, how about consolidating/downsizing? Because if you aren't missing the stuff, or realize you don't really need all that stuff, why are you so willing to keep throwing money at it?
The average monthly charge is more than $150. That's pushing nearly $2,000 a year. Call me crazy, but do you really want to be that person that fritters away $2,000 a year for no really good reason?
I didn't think so.
Closer to Home
I am not done with you yet. Let's talk about what's in your home. When was the last time you took a careful tour through every closet, looked under every bed, and opened every storage box in the garage or basement? Sure, it might take a weekend to go through everything, but gosh, I think you are going to feel so good if you are able to pare down all your clutter. I am a big believer that when we organize and declutter our physical space, it creates a positive energy that makes us happier and calmer.
If you want to make some money trying to sell stuff, that's fine by me. But this doesn't need to be a financial win. Donating to a local charity, or simply offering something for free to someone who needs it is a wonderful act of generosity that leaves you feeling so good. You no doubt have plenty of local online groups where you can post stuff you are ready to be rid of.
Avoid These Home Ownership Disasters
Are you doing the right things to protect your home? Are you taking disastrous short-cuts if you want to leave your home to your children??Sunday's Suze School will absolutely set you straight. Listen in and subscribe to Suze Orman's Women & Money Podcast ?on your favorite streaming app.
CNA at Signature Health and Hospice
2 年Working on it now, going through the closets and donating. To a community sale
Reading Teacher at Miami-Dade County Public Schools
2 年Well said, this is so true!
Network Contract Manager @ UnitedHealth Group
2 年Thank you! I showed my husband this piece.
Private Health Aide at 'Self-Employed Contractor
2 年Love this