Today’s guest blogger is Melissa Sorensen of Insightful Solutions. Melissa is a professional organizer and a daily money manager. Starting this month, Insightful Solutions will offer a subscription based article service. The topic for March is Security: protecting against identity theft.
The Cost of Clutter – Pricey The cost of clutter, both in terms of money and space, go hand in hand. Let’s discuss how much money is wasted on clutter. You can’t find your electric bill, pay late, and are assessed a service charge. Did you file a tax extension, only to realize you are actually due a refund? At the end of the day, before the clutter is cleared and a bill payment system set up, simply burning money is exactly what’s happening. When you can’t find a bill and pay late, you are assessed a late fee charge. If you are late with your credit card payment, not only do you see a late fee on your next bill, your interest rate will increase because you are now seen as a credit risk. Generally credit card companies charge a $25 late fee. If you’re late paying four times in a year, you’ve wasted $100. Bounce a check due to not balancing your checkbook? Another fee from the bank will be assessed. Clutter and disorganization are costly. Other common ways people end up wasting money due to clutter. Gift cards and gift certificates are misplaced. Paperwork is not filed for a rebate. An item needs to be returned to a store, but the receipt is misplaced. Now you own a shirt that is too large and will never be worn. There is hope for saving time and money. The first step is to hire a professional organizer to assist with clearing the clutter and organizing your paper. The next step is to hire a daily money manager to set up a bill paying schedule as well as assisting in compiling tax documents for your CPA. A little money up front for these services saves hundreds of dollars each year, as well as ensuring you have an excellent credit score. Our services also provide peace of mind. And that is priceless.