I drove by a new self-storage building in Raleigh the other day, and it made me sad to know that there are business investors who see this as a great opportunity.
They know Americans have too much stuff and are too afraid to do anything about it.
I am here to tell you storage units are a scam. If you have one, it’s time to get rid of it.
Most units are about $100 a month. Not bad, you say. But that’s $1,200 a year. And the stuff you store is probably not worth $1,200. That’s because stuff does not appreciate. Once you take a sofa out of the show room, it’s worth about $0.00.
After two years, the unit costs $2,400, and after three it’s $3,600. I can say without a doubt your stuff is not worth nearly $4,000.
Think about investing the $3,600 instead. #compoundinginterest
The only reason people have storage units is because of fear. They are afraid to make a decision about what to do with mama’s stuff or their own stuff, so they would rather pay to store it. How messed up is that?
Rather than pay for mama’s stuff, make a decision to either keep or give away. You are not throwing out mama. You are just donating her book shelf.
If you can’t make a decision, call me. That is what I do. I give people permission to let it all go.
Why let it go? Because most furniture and knick knacks were not meant to be family heirlooms. We are living in a society where so much emotional and monetary value is placed on grandma’s candy dish. For one, it’s worth nothing, even though everyone thinks it’s worth a $1 million. Two, that candy dish maker did not intend for it to be passed down through generations. He just made a candy dish.
Unless your family has a Monet, get rid of the stuff. (And if you do have a Monet, would you consider adopting me?)
Another great line from storage unit suckers is, “But I am storing it for my children to use when they get a house.”
Let me clear that up for you. YOUR CHILDREN DON’T WANT IT.
Millennials are living in shoe boxes and riding bikes. They don’t want cars, and they certainly don’t want grandma’s 20-year-old couch.
Plus, after three years of holding on to it, you have spent $3,600. Why not invest the money for your children or buy your children something new when they are ready?
So let me sum up by saying, get rid of your storage unit. And if you need help, call me.