The price of "Stuff"

I have not read Michael Mihalik’s Debt is Slavery, but I assume it's a good read. Check it out on Amazon and see what you think. From The Mighty Bargain Hunter blog, John reports from chapter three of this book in terms of how we should view our possessions. I don't think this book is necessarily a Biblical study, but I think we could attach a Bible verse to all of these points. 1 Tim 6's exhortation of us that "godliness with contentment is great gain, for if we have food and clothing we will be content with that" comes to mind here.

John writes about chapter 3 of the book, Debt is Slavery,

His main point is that each piece of “stuff” you bring into your life costs not only the price you paid for it, but also will cost you in many other ways:

• If it was purchased on credit, you’re paying interest on that stuff.
• You’re spending time to maintain that stuff.
• You’re possibly spending money to maintain that stuff.
• You may be paying money to get trained how to use the stuff correctly.
• You may even be paying money to be able to use that stuff legally.
• You’re using space in your garage to store that stuff when you’re not using it.
• You’re perhaps paying a self-storage company to store that stuff.
• You’re probably paying a “stress premium” just having that stuff co-habitating with you.
• Lastly, you may have to pay someone to take that stuff away, or spend your time selling it or giving it away, when you can’t stand it anymore!