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Can a Self-Storage Unit Save You Money?

“Money, if it does not bring you happiness, will at least help you be miserable in comfort.” 
–Helen Gurley Brown
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It is always great to find new ways that help us save money yet not reduce the quality of our lives.

“Your home will be easier to clean AND organise, with less stuff in it”

One great way to declutter is to take stuff you don’t use regularly and either get rid of it or store it out of sight. In addition to reducing clutter a storage unit can occasionally save you money.

You can start an online business without any retail shop

The amount of profit a business brings you depends on many factors. In short, to earn more money, you must ensure that your income is greater than your “out-go”. If your company is selling a product, and it requires a retail shop where clients can purchase the goods, a warehouse where you will store the goods until they are needed in the shop, and an office where you will be dealing with the logistics of it all. All of that can be expensive.

But there’s another option that can be more profitable. Instead of a retail shop, you can create an online shop. That way, you will not need a shop assistant, which means one person less on your payroll. Commercial warehouses are much more expensive to rent when compared to self-storage units. That way, a self-storage unit can save you money by being your business warehouse and by allowing you to start your online business. Since this type of business does not require too many workers, it can be your side hustle.

Not only businesses that sell goods can benefit from a self-storage unit. Service-providing companies need a place to store equipment, and that too can be put in units you rent out rather than in an expensive commercial warehouse. Therefore, if you are just starting out, consider a storage unit rather than committing to a more expensive space.

You can rent out extra space at home

The solution can be right at your doorstep when you are looking for a source of extra cash. Many people live in homes that are too big for their needs. That means substantial utility bills and too much space to clean. But one person’s extra space may be another person’s just-what-I-was-looking-for. So, you could empty your garage and rent it out. Many people are struggling with parking space. This is the least invasive way to rent out part of your property. Alternatively, you could rent out an extra room or an entire floor in your home that you are not using. That is where the self-storage unit comes in. When emptying those additional rooms, you will need a place to put everything from them. If the rent you pay for a self-storage unit is less than the rent you receive for your extra space. You could be miles ahead.

You can rent out a garage you are not using and earn money that way, and the stuff you relocate from it, you can put in a self-storage unit.

A self-storage unit can save you the money you would otherwise invest in security

People that work a lot or travel often may tend to worry about the safety of their stuff at home. Unfortunately, this is not entirely unwarranted. Break-ins are a reality, and the most likely occasion for those misfortunate events is when the owners are away. Security companies are the best choice, but they are costly, and so are the security systems you can install. 

A cheaper way to deal with this problem is to get a self-storage unit. Self-storage units’ primary function is to keep your belongings safe, so naturally, they are equipped with security devices such as surveillance cameras and alarms. With all your stuff in one of those, you can have a pleasant and stress-free trip, knowing all your valuable possessions are safe. All you need to do is find the appropriate unit. Bear in mind you do not need a unit that is the size of your home because you will be packing the stuff differently than you usually do at home. There are methods of maximizing the space in a storage unit you can get familiar with and make the most of the space you get with the minimum costs.

A self-storage unit can save you the money you would otherwise invest in security measures around your home since they are well secured, and you can put all your valuables in one of them.

Having a self-storage allows you to move to a smaller place without giving up your belongings

Life very rarely turns out to be the way we originally planned. As we go through different phases, our decisions take us on a different path than the one we were sure to take. Sometimes we move into an ample space and accumulate belongings that a home of such dimensions can easily accommodate. But if the unexpected happens and that big home becomes a financial burden to you, you might want to consider moving into a smaller place with lower household bills. This situation may be temporary, so your furniture and personal items can stay in a self-storage unit. The costs of a unit like that, plus the lowered expenses of your new, smaller home, are likely to be lower than what you are paying in your current, bigger house. Consider this money-saving option, as it may be an excellent solution.

Renovations will go quicker with your stuff in storage

The cost of home renovations can vary significantly, which depends on many factors, among which is the time it will last. A self-storage unit can help you with that. Removing all your stuff from your home will clear the space for the workers to work more quickly. Without any obstacles to work around, they can move faster. There will be no time-wasting on moving the furniture from one room to another or on protecting it. Besides, it would be a mistake to leave your stuff around during home renovation because the chance of them getting damaged is very high. That means putting your furniture and other belongings in a self-storage unit during the home renovation both saves you money and keeps your stuff in good condition.

Your renovations will last shorter without the furniture and your other belongings around.

Conclusion

All these examples make it clear that self-storage unit can save you money in different ways. The investment you will be making in the form of paying the monthly rent is certainly smaller than the amount you would be saving. With today’s unstable costs of living, all money-saving methods should be explored if you want to keep your financial stability. So consider the abovementioned ideas. They might change your life for the better.0

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