Here’s a guest post by Taylor Laurents, a freelance writer who wanted to share how he thinks a storage unit can save people money. When he is not out saving money, he spends his time explaining to people that he is Taylor Laurents and not Taylor Lautner. I have yet to ask him whether he has watched Storage Wars yet.
Everyone is looking for convenient ways to save money these days. Carpooling, keeping lights off, and turning down the air conditioning are just a few of the tricks people are using to keep extra money in their pockets at the end of each month. However, when thinking of ways to save money, very few consider renting a Toronto self storage unit. Wait, paying money to rent a storage unit can actually save you money? That’s right. It may sound counter-intuitive, but there are actually a number of circumstances in which renting a storage unit can save you money.
A few of those circumstances include:
Many families have chosen to move in to smaller homes and apartments to combat the rising costs of living. However, many of those families still have important or prized family possessions that they may no longer have space for in their new home. Instead of compromising on a larger home or deciding to sell treasured items, rent a storage unit instead. A storage unit can safely store important possessions, and many units are even climate controlled to prevent mold and mildew from growing on furniture. The monthly cost of a storage unit is also inexpensive which allows you to still benefit from the money saved on your mortgage and utility bills.
Does your business have a great location, but lack adequate storage space for additional inventory? Instead of upping your overhead costs to move to a larger, yet still prime location, consider renting a storage unit to house your additional inventory instead. The price of renting a storage unit is minimal compared to the extra square footage of a rental property providing you with a great way to optimize your cash flow while still getting the extra space you need.
If you are moving for an internship, a temporary position, or simply change the scenery around you but know you will be coming back, there is no reason to move all your belongings. Moving all of your belongings, especially across a couple of provinces, can be expensive, however, so is continuing to pay rent at a place you aren’t inhabiting. Instead of covering moving costs or an additional rent, put everything in a storage unit and just move yourself and the belongings that you simply can’t live without. Renting a storage unit can be as cheap as $35 a month, and can greatly reduce your overall moving costs, not to mention save you the huge hassle of moving boxes upon boxes of items.
Youngandthrifty’s Take: I can see how a storage unit can save you money, especially if you don’t have storage in your apartment or your 60 year old house has no storage closets, has an attic, but you’re afraid to go up there because you might see a dead rat, rat pellets, or other heebie-jeebies. I am not speaking from experience, of course 😉 Well maybe a little. For our home, I made sure we had a small storage closet and shrunk the square footage of the basement suite to accommodate for this. I am sure glad I did, because otherwise, I don’t know where we would put our camping gear or snowboards. Storage is so important- without it, our surroundings become super cluttered and unappealing. I don’t do well with clutter myself.
However, one must not forget about the storage unit, otherwise, people like those on Storage Wars on A&E may take advantage of the storage unit you have neglected. On that show, people bid on neglected storage units and sell the items in the said storage units. On the most recent episode (yes, I admit I watched the first episode of the newest season!), Dave Hester found a bunch of new, unopened vending machines. For $1350, he turned a profit of $29,000. Watching it made me want to scour my past for some good finds.. but alas, I found nothing useful. It would sure be a fun career though, in my opinion.
Readers, do you own a storage unit? Do you find them helpful? Of those who watch Storage Wars, do you find Dave Hester annoying like I do?