Can Decluttering Your Space Help Your Bank Account?

Photo by Roman Mager on Unsplash

If you live on planet Earth and have access to the internet there is no way you’ve escaped the trends of minimalism and decluttering that have taken the world by storm over the last two years. 


You’ve probably seen plenty of articles about how getting rid of your stuff and simplifying your life can improve your financial reality. Heck, we even encouraged you to sell your stuff in our blog about The Five Best Side Hustle Options for HENRYs™


But real talk, it isn’t as simple as many people would have you believe. Just because you Marie Kondo the sh*t out of your home and office doesn’t mean you’re automatically going to be rolling in piles of benjamins. But there is a way to use a decluttering mentality to improve your money situation: mindful spending. So many of us spend without thinking, particularly HENRYs™ who have some expendable income to play with. Decluttering your space can only truly transform your finances when you change the way you think about clutter. 

Key takeaway: The clutter is the symptom, not the underlying cause. 

Here’s some tough love: you can’t clear clutter overnight, from your closets or your finances. But until you change the way you think about organization nothing substantive is actually going to change. 


So how do you change the way you think?

*We spoke with Holistic Professional Organizer Michelle Miller, founder of Ritual Living Co. In her work with clients, Miller focuses on inner clutter before starting to tackle outer clutter. “When we clear out areas of our home that are cluttered without taking a look at the reasons why there’s so much stuff there in the first place, it can quickly pile up again because nothing has truly changed,” she told us.  “We have to pause and ask ourselves what need the clutter is filling for us.”


Key takeaway: The clutter is the symptom, not the underlying cause. 


“It’s easy to shop & accumulate stuff mindlessly, even if that stuff is dinner, take-out, or drinks with friends,” says Miller. “When we pay attention, we can see how these things are usually a quick fix and cover for something deeper that’s going on.”


Deep down you know that buying that new flat screen won’t fix the way your boss talks down to you. 


What does this actually look like?

So is it just about having and buying less stuff? How do you go about clearing the underlying cause of your clutter? 


First off, we’re not telling you not to spend. Instead, we’re advocating for a more mindful take on both your space and your finances. 


Miller helped explain how to put this mindfulness into practice. “Before bringing something new into your home, think about not only if you already have that object or something similar, but also reflect on if it’s truly meaningful for you and is a reflection of your personality, which is what your home should be. If you’re buying it because it’s the new trend or to make yourself feel better, sit with the reason for a minute before making a final decision.” 


It’s not about never buying anything again, it’s about making sure that the things you are buying actually add value to your life and your home. If you want that vintage vinyl, buy it! But how many killer records do you already have collecting dust?


The same goes for that special edition comic book, the healing crystal, and the leather and pipe smoke scented candle. We think you should definitely create your own sanctuary and splurge on stuff that makes you feel great. Just make sure those purchases are intentional, and that you aren’t just buying to add to your collection out of habit. 


Ready to try out a new mindset?                                                         

Decluttering is both a mindset and a habit. Consider examining your relationship to spending, particularly as it relates to your space and the material objects you buy. 


So why not give some next level organization a try? We have a hunch that when you stop to think about the things that fill your home, you’ll be able to more mindfully prioritize your future spending. 


Bonus: Having a streamlined, organized home can also help you want to spend more time there, which often means splurging a bit less. 


“Getting to the bottom of why you’re buying what you’re buying frees up not only your mental clutter but your physical clutter as well. This means you get to spend time doing the things you want to do, like meeting up with friends or discovering a new passion, rather than the things you have to do, like spending time picking up your belongings. When you create a space you love coming home to, you might be surprised to find that by having less, you actually end up having more.”


So before you buy, stop and ask yourself: Will this truly add value to my life? 


Remember to be brutally honest with yourself, and if the answer is yes, go for it! If not, move on.


*Any reference made to a specific product or service does not constitute or imply an endorsement of the product, service, or producer.

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