Storage Unit Money Blues

After over ten years of monthly automatic payments, a person called me and informed me she wanted to close out her two storage units. She had not been in the units in years. The weather had impacted items in the units. Many things were damaged and had to be thrown away. Other things had condition issues because of the effects of time, so they were donated.

It may be helpful you to know:

  • The yearly amount you will pay for a unit.
  • Setting a budget and time line when you want to have items out of the unit.

In this case the person paid $4800 a year and $48,000 for over a ten year period. The amount paid over time exceeded the value of the storage unit. The client regretted having spent so much money over time.