Thursday, 19 December 2013

Does It Pay to Use Self-Storage?

You probably have belongings that you'd like to keep but don't have room for: the skis you use once a year, the china you inherited from a great-aunt. Should you rent a self-storage unit, as people in 10% of U.S. households do? Before you call a facility, go through the following steps to see if it's a cost-effective move.

1. Pick and choose:
Weed out items you don't actually need or are on the fence about. Renting a unit because you can't figure out what to do with something is a waste of your money. Here's how to assess whether your item is a keeper:
Is it a "might"? Holding on to your mom's desk because you "might" move into a bigger place can end up costing you as much or more than buying a new one.

2. Gather cost information:
First, make a list of each item you plan to store, and note what it would cost to replace.

3. Figure out a timeline:
Count out how many months you plan to rent a unit.

4. Compare the final numbers:
Think hard about whether your things are worth storing, given the cost and your time frame.


1 comment:

  1. I can definitely agree that making sure to gather cost information on a storage unit is great for anyone that is looking for a good unit. There really are a lot of benefits that can come from storage units. I personally have been looking for a storage unit for all the furniture that is at my mom's house that isn't being used. Thank you for sharing.