I was helping my girlfriend move stuff from her place in to a storage unit tonight and couldn’t help but think “Whoever started the storage business is a genius.” When it comes down to it, you pay someone to put junk in a closet for an often undefined length of time. I see the benefit of putting things in storage if you are going to be leaving for a summer or other short trips, but it’s pretty ridiculous to think some people pay for storage units just to hold on to stuff they don’t use.
My girlfriend’s storage unit is 3ft x 10ft and will cost $50 a month. She and two other friends will have their stuff in storage for three months. By the end of summer they will have each paid $50. That’s a reasonable price to store essentials like matresses, bed frames, dressers, etc for the summer, in my opinion. What really threw me for a loop was my girlfriend’s neighbor. As her and I were loading stuff up the neighbor approached us and began making small talk. We were talking about what a drag the moving process is and how we were taking her belongings to a storage unit. He then showed us his garage, which was full of boxes, and told us he had just gotten his stuff out of a storage unit….after four years of leaving it there. Is it just me or does that seem crazy!? This dude had a TON of stuff, way more than my girlfriend. Im guessing he was probably paying around $80 a month for his unit. Do you know what that works out to for those 4 years…$3,840!!! Homeboy was droppin’ bills to store what he called “junk.”
Why the heck would anyone pay almost $4,000 for things they clearly don’t need? I should go back and tell that guy I’ll charge him $50 a month to store his crap in my garage…haha. While at the storage unit I can honestly say that I didn’t see one door that didn’t have a lock on it, meaning they were all taken. I’m willing to bet a large chunk of those units are occupied by people that are storing stuff they haven’t used in a loooooong time.
If you have had a storage unit for longer than six months, it’s time for you to have a garage/craigslist sale. You will not only be saving yourself $50-$80 a month in storage fees, but you’ll also make a pretty penny selling all your old unwanted stuff. Make a committment to yourself and your wallet, to get rid of your unwanted stuff within two months. Then you can call me on Friday and yell “I’m Junk Free!!!!!” (a little Dave Ramsey joke for ya). Seriously though, paying $4,000 to hold on to junk is straight up wacko…agreed?