I kinda do this, except I don't pick it up. I'm just sick and tired of having useless junk lying around, so when I see something I want I consider if I'm actually going to use it or if it will just be relegated to a drawer somewhere. If I haven't been missing it (ie. it's an impulse purchase) I will almost always just leave it be and move on. I don't need all this junk.

If it is something I decide I need, then I consider if it should be this thing, or if I should try to find a good quality version instead, since what I usually find is in the supermarket where it's almost universally cheap junk. That also grants me more time to decide that no, I don't need this thing after all.