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Do A Home Inventory: 4 Financial Reasons

Do A Home Inventory: 4 Financial Reasons

    Stuff. We all have it: books, clothes, other items that just build up in our homes. Some of us have more stuff in the garage, in storage, in our parents’ basement. Stuff isn’t necessarily a bad thing — although too much stuff can be a major problem. But for many of us, the issue is that we don’t really know what stuff we have. Doing an inventory of our stuff, and keeping it up to date, can help us financially, as well as organizationally.

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    Why Bother?

    1. Knowing what stuff we have can be a life saver in an emergency. If there’s a flood or fire, the insurance company is going to want to know what you had before they’ll agree to give you a check to replace it. And if you don’t have insurance, taking an inventory can help you get an idea of whether you really need it.
    2. If you’ve got an idea of what you already have, you’re less likely to buy a second something you already have. I was routinely guilty of buying books I already had copies of until I went through and actually recorded all the books I have. It was a lot of work, but I’m saving money.
    3. Going through all your stuff can help you decide if you want to get rid of anything. While you may not be able to sell every piece of stuff you want to get rid of, you may be able to make money on some of it or trade it for something you really want. Those spare books I had? I traded most of them for other books on my wishlist.
    4. You may be able to slim down your stuff or reorganize it in such a way that you don’t need storage outside your home anymore. You can save money (or goodwill) on storage — and get more use out of the stuff you have without having to go root through storage to find something you want.

    How to Inventory Easily

    Doing an inventory can seem too huge to manage at first glance. Even if your home is relatively clutter-free, there’s a surprising amount of stuff in it. But an inventory doesn’t have to be done all at once — and it doesn’t actually have to include every single thing in your home. To get started, you need a plan of attack. Perhaps you’ll work on one room a day — or even one square foot. Perhaps you’ll start with a certain category of belongings, like electronics. You’ll also want to start with an idea of what you don’t want to inventory. You can use a lower dollar limit, or ignore those items that you wouldn’t want to replace if you lost them.

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    You’ll also need a system to use to inventory your stuff. While you can take the spreadsheet approach — meticulously recording every item and a description in a spreadsheet — that may not be a practical option in light of other limits on your time. There are plenty of options for creating an inventory of your possessions, however. Some are specifically designed for a certain type of stuff (such as books or DVD) while others are more general.

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    • Real Simple’s home inventory worksheets: If you want to take a ‘get in, get out’ approach to your inventory, these simple worksheets can be a great option. You simply write down what you see when standing in a particular room — and for some rooms, Real Simple has already listed some standard items so that you only need to add serial numbers and brands where appropriate.
    • The camera method: Got a digital camera? You can create a quick and dirty inventory by going through your home and photographing everything. You’ll want to back these photos up somewhere outside your home, in case of an emergency. It’s also a good idea to tag or label the photos in order to simplifying sorting through them.
    • Collector software: There are hundreds of applications for ‘collectors,’ software that you can input all the books, DVDs or other items of a certain type into. From there, you can print off lists or manage them online, as well as easily add new purchases. If one category of ‘stuff’ dominates your home, this might be the easiest approach to an inventory.

    It doesn’t really matter how you inventory your stuff, as long as you can easily save a copy of your inventory outside your home. Even printing off a copy and giving it to someone you trust can make your life easier in the event of a disaster, although using an electronic back up method has its benefits: it’s easier to update whenever you add something new to your home. If you do take your inventory as an opportunity to declutter your home, it’s also important to remove anything you get rid of from your inventory. It can also be a great opportunity to organize those items that you don’t necessarily have out all the time. As I was creating my own invenotry, for instance, I actually managed to get all the tools in my home into the same closet. It may seem like a small victory, but it saves me time when I’m hunting for something and when I’m putting things away. It also means that I can see what tools I have at a glance, reducing the chance that I’ll wind up with a monkey wrench I don’t need.

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    Last Updated on February 20, 2019

    How to Get Promoted When You Feel Stuck in Your Current Position

    How to Get Promoted When You Feel Stuck in Your Current Position

    Are you stuck in the same position for too long and don’t really know how to get promoted and advance your career?

    Feeling stuck could be caused by a variety of things:

    • Taking a job for the money
    • Staying with an employer that no longer aligns with your values
    • Realizing that you landed yourself in the wrong career
    • Not feeling valued or feeling underutilized
    • Staying in a role too long out of fear
    • Taking a position without a full understanding of the role

    There are many, many other reasons why you may be feeling this way but let’s focus instead on getting unstuck.

    As in – getting promoted.

    So how to get promoted?

    I’m of the opinion that the best way to get promoted is by showing how you add value to your organization.

    Did you make money, save money, improve a process, or some other amazing thing? How else might you demonstrated added value?

    Let’s dive right in how to get promoted when you feel stuck in your current position:

    1. Be a Mentor

    When I supervised students, I used to warm them – tongue in cheek, of course – about getting really good at their job.

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    “Be careful not to get too good at this, or you’ll never get to do anything else?”

    This was my way of pestering them to take on additional challenges or think outside the box, but there is definitely some reality in doing something so well that your manager doesn’t trust anyone else to do it.

    This can get you stuck.

    Jo Miller of Be Leaderly shares this insight on when your boss thinks you’re too valuable in your current job:[1]

    “Think back to a time when you really enjoyed your current role. I bet there was a time when this job was a stretch for you, and you stepped up to the challenge and performed like a rock star. You became known for doing your job so well that you built up some strong “personal brand” equity, and people know you as the go-to-person for this particular job. That’s what we call “a good problem to have”: you did a really good job of building a positive perception about your suitability for the role, but you may have done “too” good of a job!”

    With this in mind, how do you prove to your employer that you can add value by being promoted?

    In Miller’s insight, she talks about building your personal brand and becoming known for doing a particular job well. So how can you link that work with a position or project that will earn you a promotion?

    Consider leveraging your strengths and skills.

    Let’s say that project you do so well is hiring and training new entry level employees. You have to post the job listing, read and review resumes, schedule interviews, making hiring decisions, and create the training schedules. These tasks require skills such as employee relations, onboarding, human resources software, performance management, teamwork, collaboration, customer service, and project management. That’s a serious amount of skills!

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    Is there anyone else on your team who can perform these skills? Try delegating and training some of your staff or colleagues to learn your job. There are a number of reasons why this is a good idea:

    1. Cross-training helps in any situation in the event that there’s an extended illness and the main performer of a certain task is out for a while.
    2. In becoming a mentor to a supervisee or colleague, you empower then to increase their job skills.
    3. You are already beginning to demonstrate that added value to your employer by encouraging your team or peers to learn your job.

    Now that you’ve trained others to do that work for which you have been so valued, you can see about re-requesting that promotion. Be ready to explain how you have saved the company money, encouraged employees to increase their skills, or reinvented that project of yours.

    2. Work on Your Mindset

    Another reason you may feel stuck in a position is well explained by Ashley Stahl in her Forbes article. Shahl talks about mindset, and says:[2]

    “If you feel stuck at a job you used to love, it’s normally you–not the job–who needs to change. The position you got hired for is probably the exact same one you have now. But if you start to dread the work routine, you’re going to focus on the negatives.”

    In this situation, you should pursue a conversation with your supervisor and share your thoughts and feelings. You can probably get some advice on how to rediscover the aspects of that job you enjoyed, and negotiate either some additional duties or a chance to move up.

    Don’t express frustration. Express a desire for more.

    Share with your supervisor that you want to be challenged and you want to move up. You are seeking more responsibility in order to continue moving the company forward. Focus on how you can do that with the skills you have and will develop with some additional projects and coaching.

    3. Improve Your Soft Skills

    When was the last time you put focus and effort into upping your game with those soft skills? I’m talking about those seemingly intangible things that make you the experienced professional in your specific job skills:

    An article on Levo.com suggests that more than 60 percent of employers look at soft skills when making a hiring decision.[3]

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    You can bone up on these skills and increase your chances of promotion by taking courses or seminars.

    And you don’t necessarily need to request funding from your supervisor, either. There are dozens of online courses being presented by entrepreneurs and authors about these very subjects. Udemy and Creative Live both feature online courses at very reasonable prices. And some come with completion certificates for your portfolio!

    Another way to improve your soft skills is by connecting with an employee at your organization who has the position you are seeking.

    Express your desire to move up in the organization, and ask to shadow that person or see if you can sit in on some of her meetings. Offer to take that individual out for coffee and ask what her secret is! Take copious notes and then immerse yourself in the learning.

    The key here is not to copy your new mentor (think Jennifer Jason Leigh in “Single White Female.” Just kidding). Rather, you want to observe, learn and then adapt according to your strengths. And don’t forget to thank that person for their time.

    4. Develop Your Strategy

    Do you even know specifically WHY you want to be promoted anyway? Do you see a future at this company? Do you have a one year, five year, or ten year plan? How often do you consider your “why” and insure that it aligns with your “what?”

    Sit down and do an old-fashioned Pro and Con list. Two columns:

    Pro’s on one side, Con’s on the other.

    Write down every positive aspect of your current job and then every negative one. Which list is longer? Are there any themes present?

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    Look at your lists and choose the most exciting Pro’s and the most frustrating Con’s. Do those two Pro’s make the Con’s worth it? If you can’t answer that question with a “yes” then getting promoted at your current organization may not be what you really want.

    The two most important days in your life are the day you are born and the day you find out why. –Mark Twain

    Mel Carson writes about this on Goalcast that many other authors and speakers have written about finding your professional purpose.[4]

    Here are some questions to ask yourself:

    • Why is it that you do what you do?
    • What thrills you about your current job role or career?
    • What does a great day look like?
    • What does success look like beyond the paycheck?
    • What does real success feel like for you?
    • How do you want to feel about your impact on the world when you retire?

    These questions would be great to reflect on in a journal or with your supervisor in your next one-on-one meeting. Or, bring it up with one of your Vital Work Friends over coffee.

    See, what you might find is that being stuck is your choice. And you can set yourself on the path of moving up where you are, or moving on to something different.

    Because sometimes the real promotion is finding your life’s purpose. And like Mastercard says, that’s Priceless.

    More Resources About Career Advancement

    Featured photo credit: Razvan Chisu via unsplash.com

    Reference

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