Last week I read an article about a couple who had decided to declutter their lives in a major way. The upshot of the story is that one can keep more of their money by minimizing their stuff, and also have more time for non-capitalist pursuits.
The catalyst for this had been an article that challenged readers to live with no more than 100 possessions. Thinking about the stuff currently in my house, I think my shoe collection would kill about half of the 100 item limit. So it's certainly an incentive to think about what you really want around.
I began making a list of 100 gotta haves. So far it includes: