Alternatives to Renting Storage Space

If you seem to have too much stuff and no room to store it, buying or renting a storage unit might seem like your only option. But this can be expensive and is often a waste of money, especially if there are plenty of other alternatives for storing your items. If you already are paying for storage that now seems to be required for much longer than originally intended, now might be a good time to review your options.

Utilize Your Current Space

Before paying for a storage unit, consider the available space in your home. Can you fit something on top of a cabinet? What about under a bed or table? You’d be surprised by how many available spaces you probably have in your home.

Apartment Storage Areas

If you rent an apartment, have you checked to see if it comes with a storage space? There may be a storage area included as part of your rental agreement. Sometimes this is a basement, sometimes an attic, and sometimes the landlord has a shed or storage unit where you can temporarily store your things.

Store with a Friend

Why not ask if your friend can hold onto a couple of boxes for you? If you’re in the process of moving or renovating, storing items with a friend might be cheaper than paying for a storage unit. Of course, they need to have the space available and you need to make sure that you’re not giving them an overwhelming amount of boxes or items to hold.

Temporarily Lending Items

Instead of paying for a storage unit, you could temporarily lend items to a friend. Have a large wardrobe that doesn’t fit into your apartment, but that you don’t want to get rid of or store? Have a friend hold onto it and use it until you need it. Or see if a friend wants that painting that can’t fit onto the walls in your new apartment. Maybe a family member temporarily needs a couch and since you happen to be renovating your home, you need a temporary place to store it. Lending it out will get it off your hands for awhile and prevent you from spending money on a storage unit!

Give Away

Sometimes we hold onto items we think we might want later down the road, but we never end up using them. How many pieces of clothing, furniture, or appliances do you have tucked away somewhere? How long have they been sitting there? A lot of times, we’re just holding onto items for no good reason. In these cases, we may just end up putting items into storage and they’ll sit there for years. Instead, consider giving away to a friend or family member who has a use for it, or to a charity shop.

Buy or Build a Shed

If you own your own house, why not build your own storage unit? As long as you have enough room, it’s going to be cheaper to build your own shed than it would be to rent a storage unit. Plus, you won’t have to worry about dealing with a storage company, saving you a lot of time, money, and aggravation. If you pay €50 a month for a storage unit, that’s €600 a year. How much it would cost to own your own storage unit or shed in your backyard.

Any Attic Space?

Again, if you own your own home, have you unused space in the attic? This can be useful for seldom used items like Christmas decorations.

Purge

Have you been holding onto a bag of old clothes for years thinking that one day you might wear them again? What about that box of old textbooks that are ten years out of date? Maybe you have a couple of dish sets that are still in their original packing five years after you bought them. Before pushing all of these items into storage, go through them and get rid of what you don’t need. There’s no need to pay money to store items you don’t even want.

Sell Items

The best thing to do before buying a storage unit is to take an inventory of items you have to decide whether it’s really worth putting them in storage. You might find that you have too many items and could end up selling them instead, saving you having to pay for storage.

Consider Prices of Stored Items

Before you consider buying a storage unit, take stock of the value of your items. Are you paying more for a long term storage unit than your stuff is worth? If it’s cheaper to sell your old items and buy new ones to replace them, then avoid buying the storage unit.

For more useful ideas see the Cost Savings Book.

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