Hidey-ho neighbors! Welcome to Monday – the best day to hustle and get your mind right :)
I thought we’d continue sharing some tricks we have up our sleeves, and add it to the awesome list we’ve been accumulating over the past few months… One day I’ll put these all on a single page for y’all to peruse and save as a resource, but for now here’s the short list of tricks we’ve covered thus far:
- The “stranger” test
- The “urgency” test
- The “fridge” trick…
- The “actionable passwords” trick
- The “writing down goals” trick
While most of those are saving and goals oriented for the most part, this trick I’m about to share is more about helping you to declutter more and possibly make some money in the process. I call it the J$ Decluttering Test, and I literally use it at least once a week.
The J$ Decluttering Test
Here it is:
“Whenever you’re deciding if you want to keep something or not, ask yourself a simple question: Would you go out right NOW and buy it all over again? If the answer’s yes, hold on to it! If it’s a no, throw it in the sell/donate pile.”
Let’s take a look at a cool oil painting* I once procured as an example. 10 years ago as a bachelor on the prowl, I came across this pretty little thing of fruit at a TJ Maxx type store and fell in love with it. It was a bit pricey (to me) at $60, on sale from $100, but I really really liked it and was looking to spruce up my kitchen. Plus, I thought the ladies would appreciate how “cultured” I was that I’d have a nice piece of art in my room vs some lame old college poster ;)
So I decided to pick it up and for years it remained over my kitchen table…
Perhaps it even helped woo my wife? (my wife just walked in and told me to delete that – hah!)
Fast forward a couple of years, where it eventually found a new home in my closet just waiting to be proudly displayed again. I had since gotten married, moved to a couple new places, and eventually had to decide what to do with the thing as it was starting to take up too much space (among 10 other paintings which apparently didn’t make my wife’s cut).
I was having a dickens of a time deciding on whether or not to keep it, especially since I still really liked it, but then that question randomly popped into my mind and totally made it easy:
Would I go right back to that store today and buy it again?
Anope. Sure I still liked it, but I wouldn’t dish out money again for the thing – it had run its course and we were both in different times now. So I made the call to get rid of it and the rest is history! Or, rather – a blog post! ;) And I haven’t thought of it once in the year it’s been.
So that’s my trick to marinate on today… Just like that Stranger Test or my Urgency Test it’s nothing too Earth shattering, but you’d be amazed at how much easier it makes your decisions over time. As I mentioned I literally ask myself this question at least once a week now when tidying up the place, and my donation box is about to explode. We can get rid of so much more than we ever think!
Look around your house/desk/office right now and give it a shot. How many things can you see right now that you’d never to out and buy again? Why not start a box to sell/donate and then make some cash/deductions off it?!
If that’s too much work for you to do on a Monday, there’s always this route ;)
* That painting up top was unfortunately NOT the one I had bought years ago, but I sure wish it was! ;) It looked more like this one here… (Top photo credit: Aaron_M)
// Video hat tip to Eric from RethinkingTheDream.com – great find!
Jay loves talking about money, collecting coins, blasting hip-hop, and hanging out with his three beautiful boys. You can check out all of his online projects at jmoney.biz. Thanks for reading the blog!