Most Americans have garages and attics filled 'Floor to Ceiling' with junk they don't need, says Dave Ramsey. That's Why They're 'Broken'
Financial expert Dave Ramsey isn't sugarcoating things – he's getting straight to the point about America's clutter problem.
For example, he recently pointed out that many Americans are living paycheck to paycheck, burdened not only by their financial obligations but also by the piles of unnecessary belongings that fill their garages, attics and storage areas “floor to ceiling.” Ramsey says one of the main reasons why many people go “broke” is their fixation on buying and keeping possessions.
Don't miss:
The argument is straightforward: overspending harms people's financial well-being. Instead of investing in experiences, savings or assets that grow in value, countless Americans pour their money into things they don't use.
Ramsey defines clutter as wasted money and missed opportunities – both for financial growth and for a simpler, stress-free life. As one of his followers on X said, “I am proud to say that we park our cars in our garage and the roof is empty.”
Self-storage centers have become a booming industry as more people find themselves needing more storage space for more stuff than they can fit in their homes. According to Consumer Affairs, the average monthly cost ranges from $90 to $290. While they solve the immediate problem of overflow, they also cause long-term financial burdens.
See Also: Survey shows 50% of consumers think Financial Advisors cost more than they do – To clarify this, the company offers a free match and an initial call with a matched consultant.
If you haven't used an item in over a year, it may be time to sell it. As Ramsey says, “A good garage sale or two and some online sales can declutter AND get you out of debt.” Selling unwanted items can generate cash to pay down debt, lower storage costs and encourage more intentional spending.
Source link
