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Essential tips for anyone thinking about downsizing

Jack Slater

21 August 2024 at 4:00 pm

Deciding to downsize comes with many advantages, but it's not something to pursue without the right preparation

Work out your options when it comes to a new property

Remind yourself why you're doing this

Make a plan - and try to stick to it

Work towards a clear deadline

Make an inventory

Make it fun!

Sort your things into three piles

When in doubt, remember Marie Kondo

Don’t miss out on making money

Remember it’s a marathon, not a sprint

Tackle one room at a time

Give yourself adjustment time

Measure your new space

Try out the 'one-year rule'

Consider renting a storage unit

Keep your storage spaces organised

Be realistic

Follow a 'one in, one out' rule

Make sure everything has a 'home'

Get a second opinion

Try giving away one item a day

Take before and after photos

Bite the bullet with a speed-test

Try a clever clothes trick to work out what you really don’t wear

Make the use of clear containers

Visualise your future

Repurpose items to keep them

Deciding to downsize comes with many advantages, but it's not something to pursue without the right preparation

Downsizing to a smaller property might seem counterintuitive after climbing the corporate and property ladders for most of your life, but needs and wants change.

From decluttering your home to freeing up your finances for a greater quality of life, downsizing can change someone's life.

However, it's something that requires patience, planning and preparation. These tips can help you transition into a more streamlined life.

Getty Images

Deciding to downsize comes with many advantages, but it's not something to pursue without the right preparation.

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