Selling Your Stuff – Is It Worth It?
Excuse me while I get on my soap box.
I recently read a blog post by Retire Before Dad, it was called, That Clutter in Your Home Used to Be Money. He had some great points to which I agree. I often see clients struggle with letting things go because they think those items are worth money. Consider that “Most items aren’t worth money anymore. Even if they are, they probably aren’t worth the time needed to convert them back to cash via Craig’s List or eBay.” If you can list, move, meet, negotiate and sell your stuff, then go right ahead. But a lot of people can’t. They don’t have the time, the experience or the patience to follow through. I preach the fact that an item is your’s until it is gone from your house. How are you going to list the item on facebook marketplace if you are not on facebook? Do you have the time to research what to ask for the items? How about the time to answer email or text inquiries and wait around for people to show up (or not) and finally, how will you get the big stuff (that bedroom set) out of the house? These are things you have to consider when you decide that you no longer want something and then how to get rid of it.
“Once you own an object, it owns you until you release it from your life.”
Is it worth it? All of your stuff (and mine) is depreciating as you read this. It actually begins depreciating as soon as you use it. Never use an item? It’s still worth less than what you paid for it.
I encourage you to let go with the precondition of getting something in return. Unless you are trying to sell a car, really nice furniture or bonifide collectibles, the couple of bucks you may get for anything else, is not worth the time and effort. Don’t hold on to any guilt or think that maybe you’ll use it again someday. Ask yourself, “What is the worst thing that could happen if I got rid of this and decided I really needed it?”
Do you struggle with letting things go with a cash return? Let me know in the comments what it is.
OK. I’ll step down from the soap box now.