Being a homeowner isn't easy. You're constantly accumulating objects that you don't remember buying in the first place but also can't seem to part with! It's a grueling process of purchasing, using once, forgetting about it, and then struggling to find somewhere to store it when you're finished. Instead of falling into the loop of forgotten items all over again, here are 5 space saving hacks that will keep everything you need at your fingertips, organized and ready to go:

#1. A coat rack that doubles as a shelf and key ring holder. Not only is this a simply genius way of keeping track of your grab it and go items, but it also can save you so much space. Instead of trying to cram everyone's jackets into a closet, toss the most frequently used ones on the hooks, let your keys dangle at the ready, and keep your hats, sunglasses, and other miscellaneous items on top of the shelf that's attached.

#2. Cabinets, cabinets, cabinets! While it seems like a very right in your face, “why didn't I think of that” type of situation, having cabinets installed can save you major space. Not only does it give everything a genuine place, but it also consolidates those places into a few small areas. This will allow you to prioritize what you need and want, and toss what never is used. It will keep you honest and far less cluttered.

#3. Compartmentalizing is huge for space saving. Instead of having that drawer that you just throw everything into, try to organize it in sections. This will keep you from accumulating multiple versions of the same product all the while making the ones you need easy to find and helping you to better see when the ones you've previously used are completely exhausted and empty.

#4. Hanging garment racks are all the rage right now. Not only are they great for space saving but they also are a fun and modern accent to any bedroom. Instead of throwing your best clothes and into the back of a closet you can let them hang openly free of risk of wrinkles and always at the ready. This will help you decide which pieces of clothing are dispensable and which ones you need to keep as well. If you wouldn't display it, toss it.

#5. Save old cans and mason jars to redecorate and use as storage spaces. Not only are they a fun way of organizing your crafts or tools, but they also provide you with a way of recycling previously used things and can become a crafting project within themselves.

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