This is a question that is not asked enough! In fact it is the reason people neglect to take the necessary time to ensure they don’t lose their possessions. This remains true for not only tangible possessions but also non-tangible ones. The failure to fully appreciate the loss of data on a computer is the reason that we don’t backup our computers as regularly as we are all told to.
What would it cost me, as a whole, to replace this item.
People spend $1,500 on a laptop, and $800 on a phone and then do nothing to protect that investment. I think this is out of the misguided belief that “oh, but I’m insured”. That maybe true; assuming that you paid the exorbitant fees for laptop insurance god forbid you are going to “travel” with it; but will that get you back the data stored on the devices? Unfortunately, the answer is a big fat “NO”!
In most cases the lion’s share of the value of these devices is the information they contain, not to mention the disruption they cause when they suddenly disappear.
Then in the case of something benign like your car keys. The key itself is of little value; perhaps $5-$100 depending if you just need one cut or if you need to request it from the manufacturer. But what does your time cost? The resulting inconvenience of losing your keys while you are out shopping triggers a set of events that go something like this:
- Realize that they are missing;
- Spend ‘x’ time retracing your movements in the hope that they are still sitting on the pavement somewhere;
- After trying that a few times you then realize that you have to get home and leave your car there. So it’s either Public Transport, Taxi, a kind friend or walking;
- Then you have to get your “spare set”, go back to the car and pick it up so you don’t get a parking ticket;
- Finally, you need to arrange to get another key.
That’s only if you were down the street shopping. Imagine how much that could compound if you were away on holidays instead.
So if you were to look at each item you own and ask yourself not “what did this item cost to buy” but “what would it cost me, as a whole, to replace this item”; I think people would take the time to be a little more diligent and proactive about protecting their property.
We have attached a “True Replacement Cost Calculator” spreadsheet for you to have a play with, to find out what you are really risking by not labeling everything properly. I’m sure that after plugging just a few items into this calculator you will be surprised just how much these objects are really worth to you.
After losing my keys I realized first hand just how much something can cost you even when the item itself is very cheep.
As a result I created the fastest and simplest Lost and Found solution, for those who want to be proactive. It is available worldwide, 24×7. There is zero waiting time! You think it, you label it, there and then. No waiting for the mail, no second action. Take 5 minutes to setup your details so the item can find it’s way home and label to your heart’s content.
Check out the best Lost Property solution on the net today, www.lostuff.com.
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Tags: lost and found, lost cell phone, lost notebook, lost property, lostuff