As I’ve been moving along trying to plan out what I’ll need to do post house-sale I’ve started looking at renting a truck. I figured I would pack my junk up, throw my car on a tow dolly, and head up to Portland, OR. Once there I would put all of the aforementioned junk into storage and then figure things out from there. I started by looking at the Uhaul trucks, and the more I looked the more I started thinking that maybe this isn’t my best option.
Let’s look at some of the math behind this:
Addition
I started with the assumption that I would use a 14′ truck. Uhaul’s website allows you to get an instant quote (Kudos to Uhaul! Penske, are you listening???) so within moments I had the numbers. The rental of the truck would be $718. Add the car dolly ($96) and San Antonio sales tax ($71.23) and I’m at $885.23. Now here’s the kicker: I still have to fill up the tank.
Uhaul claims that their 14′ truck gets 10 mpg. I asked google what sort of real-world fuel econonmy I could expect but I couldn’t find any answers. So I’ve made some assumptions. I assume that 10 mpg is the best fuel economy possible. In other words, I assume the 14′ truck will get 10 mpg when it’s empty, with the wind at it’s back, going 55mph downhill, being driven by a midget who weights 85 pounds. Fill up the truck and put a tow dolly on the back and drive 65-70 mph and I’m assuming that I can expect the fuel economy to be cut in half.
So $4 per gallon going 2300 miles at 5 mpg gives us $1,840. Add that to the above rental costs and it will cost me $2,725.23 just to get up there. Driving my Civic will cost me $287.50 in gas. Therefore not renting a truck will save me $2,437.73.
But wait! There’s more savings yet! I’m still not sure if I’ll be going straight to Portland or what. But the assumed plan involves dumping all my stuff in storage for some amount of time. Let’s assume that I’ll store for 2 months. Renting a large storage unit two months will run me about $150 / month (I’m guessing). Then when I move into an apartment I’ll need to rent a truck again: rental + mileage + gas will cost me an estimated $50. So savings is now up to $2,800-ish.
Subtraction
At this point I began to wonder. How much is my stuff even worth? I figured I for sure own over $3,000 worth of junk, but how much over? Then I took it a step further. Let’s forget what the value of my stuff is, but what exactly would “replacement value” be?
If I’m going to try to be more a minimalist in Life 2.0, then that means I’m going to get rid of a portion of my belongings. So when I look at replacement value (RV), anything I wouldn’t replace would have have an RV of $0. My treadmill cost me about $700 when I bought it, but if I don’t plan to replace it the RV is nill.
Another way to lower the RV of my goods is by replacing them with cheaper crap. =) If my intention is to survive 4 years on a budget and at the same time trying a more minimalistic lifestyle then there’s no reason I need to replace my stuff with equivalent-level stuff. Of my 4-piece bedroom set I only really need 1 piece. My fancy real-wood bookcase in my office can get functionally replaced by a $40 bookcase at Target. My weight bench (which I love) can be replaced with a set of dumbbells and some creative exercises.
Imaginary numbers
But in the end, even after adjust the value of belongs for using RV instead of worth I’m still over $3,000. But not everything has a monetary value. If I were to actually get rid of almost everything I have I will gain several things:
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I will be much more free to move around and dilly-dally my way up to Portland. I could make the trip it’s own vacation. This may be enough of a vacation and I won’t feel the need to take some trip somewhere else in the world to unwind before officially beginning 2.0.
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This would be the ultimate fresh start. I couldn’t make my life any more of a blank page aside from moving to a new country and using a fake name.
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If I did decide to jump around for a while it would continue to save me money (no storage) the longer it took me to settle back down.
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If I’m going to try minimalism, isn’t that easier to do if you start with almost nothing?
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This would add to the adventure (and possibly stupidity) of what I’m doing.
And this equals?
At the start of this, I really hoped that somehow this would be economically advantageous. That’s not the case. But as I pointed out above, there are other advantages that come with going in this direction. I’m not yet sure what I’ll decide, but I’m finding myself leaning towards this direction more & more. As I’m cleaning my house and organizing / boxing things up I sometimes feel like I’m drowning in all that I’ve accumulated.
At this point in my life I’m more interested in asking questions and imagining possibilities than making firm decisions. Sometime in the near future though, I’ll have to decide on which approach I should take. In the end, I’ll go with whatever my gut-feeling tells me is best.