Yes, being disorganized can actually cost you money! Before I give you the 8 reasons why disorganization may be costing you money, I want to share examples of some of the “treasures” I have found while working with my clients.
A wedding album (from a previous marriage)
$50 and $20 bills; I’m still on the look out for $100 bills!
A ring that was long ago thought lost
A sister’s birthday present that was supposedly mailed (oops!)
An uncashed $1700 tax refund check!
It is very satisfying to help my clients find those long lost items. They are always so grateful and sometimes even tearful! Besides finding what was “lost”, getting organized does save you money. Here’s 8 reasons why being disorganized can cost you money:
$ Misplaced checks that are never deposited is money you don’t have. Often, when these checks are found the checks are now stale dated and you have to go through the trouble of getting the payer to cut another check. In most cases, it’s not worth the trouble running down the payer so that money is gone forever.
$ When you can’t find or forget to pay a bill, you incur late charges.
$ If your paperwork is not in order at tax time and this causes you to miss the filing date, you are in for some hefty penalties from the IRS.
$ Not knowing where items are or not being able to see them causes you to go out and buy something you already have.
$ Money is wasted in gasoline when you are constantly running a bunch of extra errands for those things you keep forgetting.
$ It’s money not well spent if you can’t find a passport and you have to cancel a vacation abroad. This really happened.
$ Not being able to function in your kitchen or not having the right grocery items causes you to eat out more. Eating out can quickly drain your budget.
$ When bills or other things that require mailing are on the verge of being late, using expedited shipping can become quite expensive.
Some of these reasons don’t just cost money, they also increase stress and feelings of overwhelm. When money is lost due to disorganization, money issues can effect relationships. So while being somewhat disorganized may seem like a small issue now, picture it as a snowball about to roll downhill. The disorganization will get bigger and bigger and can wreak havoc along the way! Take steps now to get more organized. If you don’t know where to begin, read my blog post entitled Ready, Set , Organize!
CHICO Declutter Your Life Meetup
4th Thursday of the month at 7pm in Chico CA Click here to learn more!
September 26 - Emergency Preparedness
October 24 - Clothes Closet Makeover
Nov. 21 - Books, Magazines, & Catalogs Oh My!