Middle-aged man holding cardboard moving boxes while woman places one on stack.

Just this week I trimmed down my living space by at least 1,000 square feet. I went from a suburban home with tons of storage to a downtown city loft with practically none. It was one of the best decisions I ever made and my life has become not only so much simpler, but also way more inexpensive!

What many people don’t realize is that downsizing and decluttering can really save you a lot of money. In addition, downsizing and decluttering can make your life considerably more stress-free.

First, I want to analyze our attachment to “stuff” and resistance to downsizing. Then, I’m going to give some tips on downsizing and how it can help you save a ton of money.

Our Attachment to “Stuff”

Before I became a full-time writer, I owned a thriving professional organizing business. My job, in a nutshell, was to help people declutter and organize their homes.

So I understand completely how attached we can become to our things, as well as why so many of us buy big homes or spend money on storage units to store all our stuff.

Many of our things help give us a sense of identity. For instance, that tower of books helps reaffirm that yes, we love to read (and it proves how intellectual we are to our friends). Our closets full of clothes reinforce our individualist sense of “self.” Our antique furniture might help us feel grounded in a way that modern furniture just can’t.

We also might inherent stuff from our family and friends. These items can have a powerful hold on us. Many times we can’t let go of these things because they’re a crucial link to a person we love. Stuff can take on a life of its own, especially if it’s given or bequest to us by someone special.

Read more here!