It’s Time to Take Inventory of Your Stuff

Businesses of all sizes regularly take #inventory to make sure they have supplies sufficient to function and enough goods to sell. But you, too, can take inventory of your stuff, and chances are that you’ll find you have more than you need.

Whether you own or rent, taking inventory of your stuff has an obvious benefit: If you ever need to replace #possessions following a flood, fire or burglary, you can file an insurance claim that requests the full replacement value.

To get started, categorize what you own and enter the details in a spreadsheet or app such as NestEgg. Take pictures of individual high-value item such as jewelry, artwork or musical instruments; document purchases’ serial numbers and save receipts.

If you find that you have more of an item than you really need, you can start to #declutter. You may find that you only need five pairs of shoes instead of 15, or two saucepans instead of five. You probably have just a few “favorites” in any category that get used.

The things you see as essential, have used in the past year and enjoy having are the things you can feel good about keeping, says the Minimal Mom. Anything that you’re saving for “someday,” your fantasy self or sentimentality is something you can get rid of.

If you really want to streamline, work one room at a time, says Cut Clutter With Scissors. Look at your inventory spreadsheet and photos and “ask yourself which items you would replace in case of a disaster or burglary. If you wouldn’t replace the item, you probably don’t need it.”

If those extra things are worn, torn or shabby, they can go directly into the trash. If they still might be of use to someone else, they can go into a box or bag for #donation. Contact ClothingDonations.org for a free #pickup, and you’ll be rid of them forever.

You can sell the more expensive items you no longer need, of course, and use the money to fund a special treat for yourself. But you’ll have less stuff to take care of on a daily basis, and fewer worries as a result.

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