Is All That Stuff Really Necessary?  In this article, Paul
Graham distinguishes an interesting difference between the rich
and poor. In general, when you have little money, things seem
more valuable. Because of this, says Graham, it is more common
that you collect ‘bargains’ because of their apparent value.
I’m a hoarder myself, but can appreciate that just because
something is cheap, doesn’t mean it’s worth anything. That said,
I can’t pass up a bargain.  Paul continues to discuss that all
this stuff that you may accumulate is probably worth a lot less
than you originally bargained for. This collection may be
weighing you down when you can live a much liberating life if
you abolished a lot of it.  What I didn’t understand was that
the value of some new acquisition wasn’t the difference between
its retail price and what I paid for it. It was the value I
derived from it. Stuff is an extremely illiquid asset. Unless
you have some plan for selling that valuable thing you got so
cheaply, what difference does it