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Proud woman in home

Step 7: Create Space for What Really Matters

Once you've decluttered and organized, your life will take on a different focus—the "stuff" loses its importance, Peter says. Think about what you want from your home and how can achieving it, he says. Cutting down on the influx of stuff will immediately translate into spending less money. "Your home is a respite, a reflection of your goals," Peter says. "Consuming less improves your lifestyle, and an ordered home reflects a life without debt."

Photo: iStockphoto
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