mental health — it’s also considered a gift to your adult children because they won’t have to sort through all of your stuff down the road. Too often, aging parents hang on to sentimental possessions in the hope — or assumption — that their children or grandchildren will desire them some day. However, the truth is that many children don’t even want these items their parents have “saved” for them. Before you save anything for your children or other family members, ask them if it’s something they might want in the future. I know someone who saved his extensive record collection, retaining them through several moves, only to find his nephew, whom he had been saving them for, didn’t want them. He eventually sold them to someone who treasured them as much as he did, and he made a healthy profit in return. When you do go through these more personal items, make sure to approach the process fairly to avoid any conflicts or confrontations about who gets what. Downsizing can prevent all this hassle, as you’ll be forced to declutter and become more organized.
8. More Time
Besides the money-saving opportunities, one of the biggest benefits of downsizing is more time. If you sell your current home and move into a smaller space, that means there is less square footage, fewer rooms, and less stuff. This, in turn, means there are fewer household tasks, less to clean, less to maintain, less to organize, and less to worry about!
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