Save Money on Storage Spaces

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There are several reasons that someone could be in-between residences: a new job in a distant city that requires an immediate move; a foreclosure that requires you to vacate a home; or, simply deciding to downsize, and the lease for the old place ending before you have found another place.

In most cases, you can find a place to stay, be it with a friend, with family, or at a hotel, but you can’t say the same for all of your stuff. This is where self-storage comes in handy.

I remember when I moved to North Carolina I was overwhelmed with the sheer quantity of my stuff. How had I ever accumulated so much junk? In what universe had these things been valuable to me? But when I went to throw them out, I froze. I simply couldn’t do it.

Self-storage units give you the ability to keep your items in a safe environment until you are able to retrieve them. But storage units cost money, and if you are saving up for a new place, or trying to cut expenses they might seem counterproductive.

But there are ways to save money while renting a much-needed space for your stuff.

Decide What to Store

Sort through your possessions before you rent a space and separate the stuff you absolutely must keep from the things you can live without.

Sell the stuff you don’t need on consignment, or at a garage sale, to raise money for the storage rental.

By reducing the amount of possessions you have, you can reduce the amount of space you need to rent, which reduces the overall cost. Also, consider storing items that need a climate controlled environment, like furs, at a friend’s house – climate controlled storage units are generally more expensive.

If you can’t do a preliminary purge, rent a unit big enough for all of your stuff, spend the first month sorting and purging, then downsize to a smaller unit.

Shop Around

Once you have decided how much you need to store, you can then find rental places near you that have the best rates. Rental rates depend on the size and number of units you rent, as well as the type of unit.

You can often find rate information on the web, or by calling the company directly.

Circulars and door hangers could also include information on self storage in your area. And, of course, you can always just walk in and ask for rate information. I remember peppering the customer service reps at my Raleigh NC storage facility about prices and everything under the sun.

Cost isn’t the only factor when deciding where to store your belongings. Other things to consider include how close the facility is to where you are currently staying, whether the facility is well lit, and staffing hours.

If you have to move in a hurry, you probably won’t be able to shop around as thoroughly, but you can still do a basic web search of places in your area for basic information on rates and availability.

Set a Deadline

Set a deadline for yourself and only budget to rent for that amount of time. Some places could give you a discount for paying in advance. If you have the funds, consider paying for the full rental term up front.

Be realistic. You might want to find another place within a month, that’s not always possible. Take stock of the market in your area, and be honest with yourself about your situation. Because while you can always extend the rental terms, if you’re on a tight budget the extra rental time could eat into your funds.

It’s better to budget for more time than you need, than find yourself having to scramble to find cash for another month’s rental.

Storage spaces might seem like an unnecessary expense, but they can actually be lifesavers. While you are looking for a new place to live, the last thing you need to be worrying about is your stuff.

A storage space will take care of your possessions, while you focus on more important things.