"Do we own too much stuff?" 15 bombshell facts say we do.

January 8, 2018


 

 

 

 

Maybe we ought to go lighter this year. Just a thought.

 

A recent article says that the average American consumes twice the amount of material goods than 50 years ago; the average 10-year-old has 238 toys but plays with only 8; and Americans spend $1.3 trillion yearly on stuff we don't need.

 

Ouch.

 

Are all Americans hoarders at heart, stockpiling stuff at a dizzying clip? That may not be far from true. Rich or poor, we're overactive consumers.

 

There is a reason that off-site storage is "the fastest growing segment of the commercial real estate industry," and "there is 7.3 square feet of self storage space for every man, woman and child in the nation."

 

It's because the average American home has 300,000 items in it. And we red-white-and-blue crows keep stuffing our homes with more shiny objects.

 

It doesn't stop there.

 

* Dan Lattier of Intellectual Takeout, says, “In America, many people spend a good portion of their free time accumulating possessions, and the rest of that time attempting to clean up those same possessions. Those with children spend many frustrating hours trying to coax their children to do the same.”

Dan cites “15 stats gathered by Joshua Becker for Becoming Minimalist that help confirm the suspicion that Americans simply own too much stuff." Here are the fifteen bombshell facts: 

1. There are 300,000 items in the average American home (LA Times).

2. The average size of the American home has nearly tripled in size over the past 50 years (NPR).

3. And still, 1 out of every 10 Americans rent offsite storage—the fastest growing segment of the commercial real estate industry over the past four decades. (New York Times Magazine).

4. While 25% of people with two-car garages don’t have room to park cars inside them and 32% only have room for one vehicle. (U.S. Department of Energy).

5. The United States has upward of 50,000 storage facilities, more than five times the number of Starbucks. Currently, there is 7.3 square feet of self storage space for every man, woman and child in the nation. Thus, it is physically possible that every American could stand—all at the same time—under the total canopy of self storage roofing (SSA).

6. British research found that the average 10-year-old owns 238 toys but plays with just 12 daily (The Telegraph).

7. 3.1% of the world’s children live in America, but they own 40% of the toys consumed globally (UCLA).

8. The average American woman owns 30 outfits—one for every day of the month. In 1930, that figure was nine (Forbes).

9. The average American family spends $1,700 on clothes annually (Forbes).

10. While the average American throws away 65 pounds of clothing per year (Huffington Post).

11. Some reports indicate we consume twice as many material goods today as we did 50 years ago (The Story of Stuff).

12. Currently, the 12 percent of the world’s population that lives in North America and Western Europe account for 60 percent of private consumption spending, while the one-third living in South Asia and sub-Saharan Africa accounts for only 3.2 percent (Worldwatch Institute).

13. Americans spend more on shoes, jewelry, and watches ($100 billion) than on higher education (Psychology Today).

14. Over the course of our lifetime, we will spend a total of 3,680 hours or 153 days searching for misplaced items. The research found we lose up to nine items every day—or 198,743 in a lifetime. Phones, keys, sunglasses, and paperwork top the list (The Daily Mail).

15. Americans spend $1.2 trillion annually on nonessential goods—in other words, items they do not need (The Wall Street Journal).



* Dan is the Vice President of Intellectual Takeout. He received his B.A. in Philosophy and Catholic Studies from the University of St. Thomas (MN), and his M.A. and Ph.D. in Systematic Theology from Duquesne University in Pittsburgh, Pennsylvania. You can find his academic work at Academia.edu.

 

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MississippiMatters is a news blog of cooperative writers, videographers and podcasters published by  The Well Writers Guild, a 501c3 devoted to mentoring Mississippi writers and to addressing uncovered or under-covered topics.  MississippiMatters focuses on offering creative "takes" on our state's culture, ideas, events and more.