Do you find yourself often replacing missing appliances? Is your refrigerator full of extra food that often goes to waste? If you frequently run into such problems, perhaps it’s time to look into organization as a solution. For many people, the extra food, clothes, and knick-knacks lining our shelves and shredding our wallets stem from a different problem: wastefulness. So, how can better organization techniques shave a digit or two off of our bills?
The Simple Stuff
Make the trash can your friend. Ditch the clutter and deadweight. When cleaning out your closets and cupboards, feel free to sell the extra items at a garage sale or donate them to charity for a tax deduction. Clearing out clutter will not only show how much you’ve purchased unnecessarily, but also show you what not to buy in the future. Rather than grabbing a couple extra items on sale or stocking up on too many overripe fruits, you could be putting away extra dollars for your savings or bulking up your retirement fund.
Containers will free you from the frustration of searching for missing things while confining important belongings in memorable places. Try storing all of your tape, erasers, staples, paper clips and other small office supplies in neat piles in a drawer. Get creative and use bowls, cups, buckets, and other means to separate objects by category. Rather than going out to buy another stapler because you’ve spent twenty minutes looking for yours, with a properly organized system you’ll be able to find your stapler instantly while also saving time and money.
You’ve probably noticed enormous stacks of paper stowed away in your drawers and stacked up on tables around the house. Piles of receipts, bills, notices, spam mail, and personal letters tend to clutter together in an indistinguishable mess. So, how do you turn around such cluttered catastrophes and save money?
The first thing to do when organizing your paperwork is to separate bills and important notices from the rest of the mail. Valuable forms such as these may have gotten buried in the junk and could cost you later down the road in the form of late fees, poor credit, and debt. Instead of letting inaction and disorganization cost you, set your finances straight.
Start with a standard budget. Review your receipts from restaurants, groceries, and other food expenses, then assign a limit for food items. In a short time, you should notice significantly less rotten, uneaten food littering your trash can. Applying a budget to other expenses should result in similar improvements in those areas. With a plan to pay off debt and a file system to help categorize and keep track of all incoming paperwork, you should have a solid handle on your financial situation and a better awareness of the little expenses eating away at your income.
We hope you’ve learned a little more about your spending habits. Looking for other ways to save money? Have questions about retirement planning or investing? Check out our blog on Finances.