Are You Saving Money Or Losing It By Decluttering?

Many consider decluttering a great way to save money. It involves getting rid of things that you don’t want anymore, which helps in saving money in multiple ways. However, it doesn’t always work in everyone’s favor.

Some people tend to get rid of things only to buy some more. This way, they end up losing money through decluttering instead of saving it. Thus, today we have decided to deeply analyze if decluttering is helping you save or taking your money instead.

How does decluttering affect your money matter?

If you happen to hoard things even if you don’t need them, then you might have to rent space to store them. This costs you and adds an unnecessary expense. In such a case, decluttering is indeed a great option for you in order to save money.

On the other hand, some people like to get rid of things because it makes them feel lighter or at rest. However, in order to achieve this mental order, they often end up paying more. Therefore, the question still stands if removal of unnecessary stuff is really good for your pocket or not?

Factors that can affect your decluttering habits

Here are some of the factors that can cause you to stock things and affect your decluttering habits:

Frequent replacement of your closet

As soon as you get rid of your old clothes, you may ‘feel’ the need to buy new ones. Replacing much of your closet very frequently can pile a huge stock of clothes in your home. It can create a cycle of ‘buying’ and ‘throwing’ and can make you pay more anyways.

Buying cheaper stuff

Often people tend to buy more and unnecessarily when it comes to cheaper stuff, especially furniture. The habit of purchasing things because you find them cheaper can clutter your home. It tricks you to spend more in the disguise of the label ‘cheap’. Moreover, it makes you pay even more when you attempt to declutter them. And they usually may not last for a long duration.

Receiving gifts from others 

Gifts are delightful indeed. However, they can still be unnecessary, unwanted, and especially unannounced. If you receive a lot of gifts from your friends and families, they are surely going to take up space in your home. Then it will create a cluster that you might not need in your day-to-day life. Thus, you can feel the need to declutter

Are you saving or losing money by decluttering?

Though decluttering is good for your visual and mental space, is it helpful for your savings?

How can you declutter and make money?

Basically, re-selling things you don’t want anymore, can give a little extra income. Stuff that you don’t like or use anymore, you can sell those online (craigslist, kijiji, olx etc) or in local markets. This way, you will easily get rid of the clutter and will bag a little money at the same time.

How can you declutter for free?

Mostly, you will have to pay for transporting or renting spaces if you want to remove a huge stock or furniture. However, there are things that you can declutter for free. Books, clothes, and items that are reusable can be donated or recycled. You can also hand over these things to your friends, a local book club, donation centre or someone who would like to have them. This will free up your space without spending a single penny.

How does decluttering make you lose your money?

After doing all these, you can still lose money by decluttering and that’s a fact. The cost of rent, transportation, and the service, that’s a lot and can still load your pockets. Additionally, it depends on your purchasing habits. The heavier spender you are, the more clutter will be in your home. That will surely cost you more during the removal of that stuff.

What is the solution?

The only answer to this issue is: BUY LESS. Living a minimalist life gives you enough space, satisfaction, and also opportunities for savings.

• You should follow conscious consumption.
• Spend money on experiences and relationships rather than mere “stuff.”
• Take care of your bank account.
• Believe in enjoying little moments and extracting happiness rather than just hoarding materials for your satisfaction.

These are the ways by which you will not meet the consequences to declutter and still feel at your best. By controlling your spending habits, you can save more.