At best, clutter in the home causes mistakes, late fees, overdue payments, and missed deadlines. At worst, a house in chaos can eat away at your finances, mar your credit, and reduce your productivity. That’s a whopping price to pay for being disorganized.

According to an Ikea “Life at Home” survey, 43% of Americans admit to being disorganized, and the average American wastes 55 minutes per day looking for stuff they’ve lost or misplaced. 

“Do you think organizing is just for appearances?” asks Lisa Gessert, president of Organizing.buzz, a professional organizing service in Staten Island, N.Y. “Organizing your home is financially beneficial.” Gessert stresses to clients the need to sort, purge, assign things a home, and containerize. “This process saves people tons of money.”

Here’s why being organized saves you money, and how to get your home into shape:

Disorganization...