Inflation and interest rates lead the news these days. Our pocket books are being impacted at the grocery stores, purchasing a home is getting more challenging and recession looms. Scary to be sure, but did you know that decluttering can help minimize the burden on your finances? Albeit you might not be sitting on a gold mine; however, even a little can go a long way. Here are tips from the experts at Zestful Design to save money decluttering.
1. You Might Already Own It
Save money by not having to repurchase something you already own. Do you have brand new containers of paper goods, office supplies or beauty products? Organize all your new products in a place where you will be sure to see them and not have to purchase again. To minimize the number of items you keep, only set aside products you use frequently and will need to replace on a regular basis. Donate the things you do not plan to use.
2. Sell Your Stuff
Make some extra money by selling items you no longer need or use such as furniture, antiques, tools, sporting goods or electronics. Great options for places to sell are local consignment stores, social media marketplaces, antique stores or online clothing resale sites. You could also have a yard or estate sale.
3. Tax Deduction
Be sure to pick up a donation receipt when giving to a non-profit. Check with your accountant if they require an itemized list.
4. Accountability
Check in regularly with a friend or professional organizer to be sure you are not repurchasing or over purchasing. Staying accountable keeps the budget in check. A sign that you are starting to repurchase is not inviting friends or family over to your house, so I suggest regularly scheduling coffee or dinner with others to keep you on track.
So yes, decluttering can save you money during these economically challenging times. Every little bit helps!
