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  • Alternatives to Owning

    Reducing clutter in our lives may also mean reducing the amount of stuff we own. Considering today’s economy and the limited space we have in our homes and offices, I’m presenting some alternatives to purchasing and owning “stuff”.

    Enjoying the Library

    Enjoying the Library

    Borrow

    Save the space on your book shelves for those books you love and refer to often – borrow from the library. If you love a book you’ve borrowed or if you think that you will refer back to it often (at least weekly) then it is probably worth purchasing. If you don’t think you’ll refer to it that often, you can always borrow it from the library again. The library also loans magazines and newspapers. Reduce the number of subscriptions you have and read them at the library instead.

    While I don’t advocate borrowing from friends and family, if you do happen to do so, make sure you return the items in excellent condition. Compensating your friends with a bottle of wine or plate of cookies is a nice gesture too.

    Rent

    If you only do a building project once or twice per year, consider renting the specialized, expensive equipment. Rental equipment is usually the latest model and is always in good working condition. Another advantage of renting is that you can use the exact piece of equipment that you need instead of trying to make do with what you already own.

    Renting camping equipment, boats and bicycles allows you to try out several different models or designs. This will permit you to make an informed decision should you decide that the particular activity is something you wish to pursue.

    Share

    Consider sharing equipment with family/friends that live close to you. For example, you might want to go in halves on a snowblower with a neighbour or halves on audio/visual equipment with a business colleague. Draw up a contract that you are both comfortable with detailing the use, storage and maintenance of the equipment. Make sure you come to an equitable agreement about what happens when one of you wants to stop sharing.

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    Posted on September 9, 2009