Most people donβt think about βtotal cost of ownershipβ every time they do a 5 minute pickup, but according to me, more people should!
For example, four kids in, I am on my second rainbow stacking baby toy. (The first one eventually broke, I think.) I love this toy! The way it looks, the way it feels, the way Iβm still not quite bored of helping to stack it over and over again to entertain a baby.
It cost me $25 plus tax on Amazon, which isnβt cheap, but itβs also nowhere near the total cost of ownership of this item. Or should I say 9 items? Because each one of the discs, the ball at the top, and the stick they go on has to be cleaned up separately!
The total cost of ownership is more like:
the purchase price ($25)
the cost of the time it takes for me to take it out of its Amazon box and throw the packaging into the trash and recycling
the cost of every single time Iβve cleaned it up
the cost of the floor being a little harder to walk even time I havenβt cleaned it up and someone has walked over it
the cost of storing it on a shelf during the months I have it in rotation
the cost of storing it in a bin when Iβve packed it up to save for the next baby
the cost of moving it from our last house to this house, both packing it up and the extra weight on the moving truck
the cost of telling my younger dog to leave the ball alone every time Iβve seen him try to play with it
the subtle cost to my brain being a little more full because I have committed to keep track of this set of nine objects, including remembering to move it in and out of rotation
the physical and emotional cost of eventually getting the toy out of my home
And while I havenβt tried very hard to calculate that out, when I look at the list, I feel sure that itβs more than $20. One reason I know that is that if someone offered to pay me $20 to keep track of something that was about this much work to deal with in my house but not any fun for my kids to play with for the next 3 years, Iβm sure I would say βno thank youβ.
And as I said, in this case, it has felt worth it to me to have this particular toy, since my babies and I have enjoyed it. But these days, every time something comes into my home, and every time I walk around my house picking up toys, Iβm running up a rough mental tally of whether itβs worth it for me to still keep each object I pick up. And many, many toys, even ones that my kids really do play with, donβt make the cut. Especially toys with lots of pieces that are only fun to play with when they are all together.
Because, while they may be a little fun, they arenβt fun enough to overcome their high total cost of ownership.
A great way to think about it! Thank you! I'm working on 3 kid's worth of toys and years of misc toys that I stashed in storage areas. I can do this! π