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Getting organized can save you money

The declutter diet

This just in: getting organized can save you money. We all knew that having a "place for everything and everything in its place" would likely save time, but it can also keep some extra cash in your pocket. Even if you're organizationally challenged, there are things you can do to keep track of what you own, get rid of the things you don't need, get the most out of the things you do, do more with less and come out ahead.

Now what if you were already sitting on your extra cash, and all you had to do was capitalize on it? It's not a get rich quickly scheme because you likely won't make enough to move up a tax bracket, but you might make a little extra spending money. And who can argue with that?!

Lorie Marrero offers a few suggestions when it comes to actually making money off of your household items:

1. Sell,sell, sell

This is of course the most lucid way to get a little green from the things you don't want any more. Craigslist and eBay are great resources, especially if you want to sell a rare item or something of higher value. (Hey, maybe you could get rich quickly if you owned the right trinket or valuable piece of furniture!) If you think you might enjoy having a yard sale in order to clean out your junk in one swoop, Lorie recommends checking out Yard Sale Queen and WeekendTreasure.com for tips.

2. Give it away

You can still get a return on your "investment" even if you donate by claiming tax deductions. Lorie says you might be surprised at what you could make in return: "Most people grossly undervalue what they are donating to charity. For example, can you believe that frumpy bridesmaid dress in the back of your closet (in excellent condition) has a fair market value of $22.00?"

3. Know your finances!

Make money in return from things like late fees, high interest rates, and memberships that you're not using simply by being aware. Start paying attention to bank statements and take note of recurring, unrecognizable or even unwanted charges. To help with this, Lorie suggests getting a bill-paying routine in place to make sure you pay on time. "If possible," she adds, "it's ideal to simplify by consolidating all accounts down to one or two cards."

Last words

Here are The Clutter Diet's last words of advice to keep in mind concerning organization, saving and making money:

"Getting organized can also help tremendously if you are downsizing to save money, or if you are in the unfortunate position of needing to sell your home quickly. You can speed up the process of selling your home by decluttering your environment and making it more show-ready. Getting rid of the stuff you don't want means that closets and other storage areas look bigger with fewer items in them, and if buyers want to envision themselves in the home, your personal stuff makes it harder for them to put themselves in the picture."

Read more on Lorie Marrero, CPO® Creator of The Clutter Diet.

 

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