No Excuses series (part 2): "I paid a lot for it"

16 April 2018

This is the second in a three-part series of posts debunking the three excuses I hear most frequently from clients for wanting to keep items they no longer use or love. Click here to see the other articles in the series, which originally ran in January and February 2017.

The second most common excuse I hear from clients who want to keep something they don’t use of love is that they paid a lot for that item. I get it. It feels terrible to let go of an expensive item that turned out to be a foolhardy purchase. But you know what? Keeping it doesn’t make you feel any better. In fact, when you see the item, it just makes you feel worse.

There are two important things to remember when you’re tempted to keep an item you don’t use or love just because you paid a lot for it:

The money is spent. Keeping it won’t bring it back. Selling it will get you some of the money. And donating will get you a tax deduction. Keeping it doesn’t help.
There’s a cost associated with keeping items that you don’t use or love, especially if clutter is an issue in your life. There’s an emotional cost (that reminder of your bad purchasing decision); there can be a physical cost if the item contributes to clutter that poses a tripping hazard or you’re unable to clean because there’s so much clutter; and there can be a financial cost if there’s so much clutter that you have to rent a storage unit.

For those expensive items you don’t use or love, I suggest pulling off the Band-aid. Take a deep breath and decide to let it go. If it’s easy to sell it, do so. Otherwise, donate it and take a tax deduction. Or make yourself feel better by giving it to someone you love. I’m pretty sure it will be a relief to get that thing out of your home!

Tagged with: decluttering, worth repeating