This to me sounds like a challenge, as American Consumerism may have completely stamped whatever word this was out of my language. Is there a word (that people know...) for knowing exactly when to get something and knowing when to get rid of something?
A designer knows he has achieved perfection not when there is nothing left to add, but when there is nothing left to take away.
— Saint-Exupéry
The reason that I ask, is I'd like to research more on the topic, and I don't know what to search for.