Sharing Daily Discoveries About Personal Finance And Business Topics

Cost of Storing Items Versus Getting Rid Of It

large business and finance

I was talking to a person recently that used a storage rental service where he keeps a lot of old products that he never uses anymore such as very old lamps and even television sets. The monthly cost was about $50/month it seems and he simply wanted to keep them just incase he would need them for whatever reason.

I was just thinking how in that case it kind of just makes more sense to sell the items. Odds are, if you don’t need those products enough to actually store them away, at $50 month it would probably be better to just sell those products and then buy or rent something similar if you do need it one day. Would seem like the more logical thing to do financially unless you are keeping those items purely for sentimental reason.

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