Zone 2

Money Drain: The Expenses of Hoarding

A friend of mine passed away a while back who had a severe hoarding sickness.  I sympathize with people in this situation, but can’t ignore the insane expenses that come with such a thing.

When she died, we realized she had 3 storage sheds filled to the brim (floor to ceiling) of junk.  Some of this junk was still in its original packaging, and some of the dishes were wrapped in newspapers from the 70’s.

She spent approximately $250 a month for each shed, and probably had the storage sheds for at least 10 years if not more (I wouldn’t be surprised if they were 20 years old, to be honest).  Needless to say, that is a lot of money to spend on items that you’ll never have another use for.

Submitted by: Selena

Lesson Learned:
You know, I can’t really say I can understand the hoarding sickness.  I know it exists, but since I do not suffer from it, it’s hard for me to relate.  I’ve seen the show “Hoarders”,  and am just boggled at the relation some people have to “stuff”.  I do sympathize with the fact that it -is- a sickness, and I don’t really see what advice or thoughts I can give here without seeming like I am judging the deceased.

Like all sicknesses, there needs to be treatment.  Perhaps if someone knew about this person’s sickness they could have tried to convince them to get treatment.  Maybe the cost of treatment would have saved her money in the long run given how long she apparently had been hoarding.

We as a society need to stop putting so much energy and stock into having “things”.  I’ve always admired minimalistic people and really believe that the less clutter, the less expenses, the less wasted energy we have, the happier we are.

Amount Flushed Down the Money Drain: $90,000 (for the minimum of 10 years)  for things never needed, used, or seen again.

About Crystal Groves, Google+

Crystal Groves is a farmer, web developer, musician, blogger, and personal finance enthusiast from the back hills of Maryland and Pennsylvania. She started Money Drain as a project to encourage people interested in fixing their financial situation to share their stories and learn from the stories of others. We all make mistakes, but in order to change we have to make changes.

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