What is the current state of your closet? Is it stuffed to the brim with clothes, shoes, suitcases, cleaning supplies, your high school chemistry textbook, etc., or can you do cartwheels in there? Is every horizontal surface covered in piles and piles of stuff or bare, save for a few knickknacks?
If your house is filled with clutter, you probably know you won’t make the cover of Better Homes and Gardens, but you may not be aware that it could be costing you money too. Many people buy or rent bigger (and usually more expensive) places so they can have more closets or other storage space. They may also opt for the smaller space and pay rent on a storage unit. A clutter-filled house can also lead to increased entertainment costs; you don’t want your friends to see the mess (or are sick of seeing it yourself), so you go out. Duplication is another way that clutter can cost you. Have you ever spent money on something you already had because you had no idea where it was, and didn’t want to spend hours looking for it?
If the thought of actually having to go through all your stuff makes you sweat, don’t worry. Here are some tips that can help make the decluttering process as painless as possible:
Do a little at a time: You’re less likely to get discouraged and give up if you set a series of small goals spread out over time (e.g., clean the closet in the master bedroom tomorrow, clean the garage next weekend) instead of trying to clean up the whole house at once.
Take a picture of sentimental items: Do you have some items you never use but can’t throw out because of their sentimental value (such as the doll you bought for your daughter who is now 25)? Taking a picture can make it easier to part with. You’ll have a reminder even if it’s no longer collecting dust in your closet.
Donate or sell: While some of your items may be worn out and only welcomed by the trash bin, there may be many things you can sell to a consignment or thrift store, or donate to charity. Think of your cleaning as putting money in your pocket or helping others, instead of just a chore.
Use the “one in, one out” rule: After you go through all that effort to get rid of what you don’t need, you probably don’t want the house to revert back to its former messy state a few months from now. A good solution is to get rid of something whenever you purchase something new. You buy a new t-shirt at the mall – when you get home, go into the drawers and get rid of an old one.
By taking the time to declutter, you’ll be cleaning all the way to the bank.
This information was brought to you by the financial fitness counselors at BALANCE. We partner with BALANCE to provide our members with financial counseling and education to help achieve financial independence. Whether it’s reducing debt, buying a home, retaining a home, or simply improving money management skills, BALANCE can provide guidance every step of the way. Best of all, we pay for this service as a free benefit for SCE FCU members.
Call BALANCE at 888.456.2227 or visit scefcu.balancepro.net for more information. Remember to let them know you’re an SCE FCU member, so you’ll receive their counseling services at no cost.