Here is a fresh take on the less is more philosophy. A friend of mine told me that he is trying not to buy any new things to bring into his home because every time he does he creates “negative net worth”. My quizzical look prompted this response. Empty space has monetary value. People spend extra money to buy a big house so they will have more room – more space. When you fill that space up with things you are decreasing the value of your home and your net worth.
Sound a little crazy? If you’ve ever sold a home, you will see that the net worth theory makes total sense. The realtor tells you to get rid of much of what you have so that your home is not cluttered and looks more spacious. The spacious look gives it more value to the buyer.
The lesson here is when you choose to simplify by minimizing what you bring in to your home you create wealth at the same time. And of course you save money outright by not purchasing something.
This applies to the closet portion of your home too. So when the spring cleaning bug hits you, why not start by cleaning out your clothes closets and drawers to remove everything you don’t wear and/or does not fit. Then if you choose not to go out and replace some of the items, you can simply gaze at all that peace inducing open space around you and enjoy your newfound wealth.
--Your friends at Birch--
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