I wrote an article on this a while back for the Dollar Stretcher. If you have a storage unit, please find a way to just clear it out and save the money. Thousands and thousands of dollars are wasted when people put things in a storage unit and keep paying for them each month. In most cases, the items in the storage unit aren't even worth very much at all. If you like the stuff in your storage unit enough, find a place for it in your home. If you don't like it enough to have it in your home, sell or donate the items and save the money each month that you would have spent storing it. Storage units are a huge waste of money. In my mind, The only acceptable reason to have one would be for a short term (less than 6 months) when you are moving to a new area and are renting temporarily before you buy a home. But, I would still try to avoid it even in this type of situation.
What are your thoughts about storage units?