One in 10 Australians use a storage unit - and these figures are pretty consistent for our US listeners. Storage units can fill a gap, meet a need, and save you when you're in a bind... but left unattended their cost can far outweigh the benefit.

Before you put things into storage, ask yourself some questions

- Does that value of this item justify spending thousands of dollars per year to store it?

- How will I feel about this item in 2-3 years when I've invested so much more money to keep it?

- Would I be better off donating these items and just repurchasing them in the future if I really need them?

Once you have a storage unit, see if these questions help you make the next right steps

- Could I consolidate my storage unit into a smaller space to save money?

- If I go through and declutter what I no longer need, could I save money by downsizing my storage unit or eliminate my need for it?

- What else could I do with the money I'm currently spending on storage?

Thanks to Prudence Madigan from Shift Your Storage for the helpful conversation and professional insights

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