We become invested in our junk, through the price we paid when we bought it and brought it home, and we’re loathe to look at that as wasted money. Use the “Stock Theory of Decluttering” to help purge your junk.
Photo by jm3.
Over at the simple living and productivity blog SimpleProductivityBlog they share a method for helping you assess whether something is worth keeping. Dubbed the “Stock Theory of Decluttering” their technique focuses on current value, not past:
If you are considering buying a stock, you decide partly on how much it costs now.
In the Stock Theory of Decluttering, you decide if you would buy the object today, at today’s prices, knowing what you know about the usefulness and the current state of the item. If not, it should leave your house.
It’s all too easy to get caught up in the value of what something was and ignore what the value is now. While helping a friend clean out his workshop he was very resistant to disposing of an old computer. It was a piece of old junk that took up space but he still saw the $5000 price tag the once-premium machine had fetched long, long ago. Would he have bought it again — likely for $25 at a garage sale! — if given the chance today? Of course not, the only value the machine had was the phantom value he assigned to it.
You can read more about the “Stock Theory of Decluttering” at the link below. If you have experience grappling with your own clutter we want to hear about it in the comments.
The Stock Theory of Decluttering [SimpleProductivityBlog]