[I]f you live in a 1,500-square-foot house and have a $1,500 monthly payment, that's obviously $1 per square foot per month. Now multiply by how many square feet are devoted to storage. This can be an eye-opening experience. Let's say you've let an entire room slowly drift into a "junk" room even though it was originally intended as a guest bedroom or a sewing room. You've got 100 square feet or more devoted to storage in that one room alone. So you're paying 100 x $1 = $100 a month for the privilege of having a junk room....Count all the shelf, closet, and drawer space too. Put a dollar amount on what you pay a month to keep the stuff you've got there. That's the rent that stuff should be paying. Is it worth that much to you? If not, why won't you evict it?
May 9, 2011
... calculate what you're paying to store it.