What to do with what you have…

For some reason, people think that their next purchase will solve their biggest problems. Who knows, it might solve all their problems. That exercise bike will transform you into a person who loves to exercise. That sewing machine will make you a tailor.

Here is the bad news – buying items on impulse does not solve problems.

That a special vegetable chopper will make you want to cook is a fallacy. If you want proof that this is a fallacy, try this simple little exercise. Take a look in a closet or a cupboard or a drawer and look at the least used item in that location.

Do you remember buying that particular item? Do you remember the feeling you had that prompted you to buy that item? Take a moment and look at it. Pick it up or, if it is big, touch it and ask yourself this question. Did this item solve any of my problems?

How much money did you spend on this item? Think about how it would feel to have that money in your pocket right now. If it was only $10, it may not be a big deal. However, look in the closet or cupboard or drawer where you got that item and see if there are other items in there that aren't being used. Chances are that you have hundreds, maybe thousands, of dollars tied up in miracle cures and solutions that you never used more than once or twice.

If you've got a few minutes, take all those items out and set them on the floor and look at them and do a little quick calculation. It doesn't have to be precise. Just calculate how much all these items cost.

How would it feel to have that money sitting in your pocket right now?

If you still have some time, look at this small collection of items from one area of your home and try to remember the last time you used any of these items. Consider how much house room you are giving these items. Not only did you spend money on these items, youíre now giving up part of your home to store them.

If you're happy that these items aren't doing anything for you and you want to maintain the status quo, by all means, put them right back to where they were. Otherwise, get a big cardboard box and set all these items in it and speculate about what you want to do with these things.

Do you know someone who really could use any of these items? Perhaps you want to sell them and recoup a little bit of your money. Perhaps you're feeling generous and you just want to give them away.

If you found a collection of unused items in one location in your house, chances are very good that there are other such caches of forgotten treasures lurking elsewhere in the house. You don't have to do it all in one day but you could set aside a special time to take a look at what you have and figure out what you want to do with it.

Some people decide to take up a hobby and they buy all the equipment and all the supplies they need. Then they discover that they don't have the time or the patience or the skill for the hobby. They further discover that acquiring the skill requires more effort than they want to give to it. They put away the supplies and the equipment and try not to think of it ever again. When they find the collection of stuff, they feel guilty or ashamed.

There's no point sending good time, energy, and money after a planned project didn't work out for you. It's easy to find someone else that is either already into this hobby or is very interested in getting into it. And who would love to have this amazing set of equipment and materials that are taking up space in your home and making you feel bad?

You can ask around among your friends, relatives, and acquaintances and see if anybody is interested in taking this off your hands for a reasonable fee. If you don't want to involve someone you know, you can put it online for sale or you can put up a flyer at your local grocery store or mall.

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