I always feel that I'm going to need ...insert item I haven't used in forever... at some point. But it's actually a rare case that I do end up using it. Why hold on to it? To save money? The truth is your clutter is costing you money. Right now. And quite a lot of it.
Statistics show that Americans spend $38 billion on self-storage units every year. Just think of all that cash that is being spent for items to simply sit in storage.
Storing unused items in your home costs roughly $10 per square foot. Of course, that cost depends on how much you pay for your residence; you can calculate your "clutter cost" by dividing your monthly rent or mortgage by the square footage of your home.
Clutter also costs you time. The average American spends multiple days a year searching for missing items. Decluttering helps you save money on buying things in duplicate because you couldn’t find something.
Obviously you can throw away stuff or donate things. BUT you can also sell items through sites like ThredUp, Poshmark, eBay, Facebook Marketplace, Craig’s List and others. You can also make quick money with a garage or yard sale.
(BHG) Photo: Getty/Denis Torkhov