The most fundamental principle of all economic theory is supply versus demand. Striving for equilibrium between the two results in a healthier economy. The same concept applies to individual households as well.
When demand is high, there is upward pressure on prices which translates to higher costs for consumers. In terms of a family, too much demand wreaks havoc not only on the wallet but on limited time and space. Issues arise when the latter two are overlooked as part of the total cost.
It takes time, space and money to own anything and everything. The level of willingness to invest in all three should factor into the balance of supply and demand in any lifestyle. Keep in mind that the largest investment for most people is the house itself and should be cared for accordingly.
On the other side of the equation, excess supply causes prices to trend downwards and reduces the associated worth of any given item. In terms of a household, the more a person owns then the perceived value placed on each individual object proportionately declines.
It is not uncommon to bury and forget things that have significant meaning. We can easily get lost in the day to day clutter that infiltrates our daily lives. By tossing the excess, we gain perspective and can focus on the more important stuff. As a result, their personal value will inevitably increase.
It is all about balance. The relationship between time, space and money is a dynamic one but can be successfully managed. When supply and demand meet at a harmonious point, lives become richer all around.
For more information on this topic, visit, The High Cost of Clutter by Linda McMaken.