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MONEY MORAL DILEMMA. Would you sell a treasured trinket?

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  • Prevention is better than cure. This person (it wouldn't be me) should offer monthly repayments, have the land line removed and use a pay-as-you-go mobile. Selling "treasured trinkets" is all very well but what happens when the supply runs out ?
  • brokeinwales
    brokeinwales Posts: 425 Forumite
    Been there done that. In the past I've sold stuff to get myself out of the financial poopile and as others have said, all it's done is get me out of a short term problem - a few months later I was invariably in another fix and didn't even have my sentimental trinkets for comfort (just a lingering feeling of guilt...)

    I'd suggest it's better to hold on to your "treasures" (within reason, if you've got a load of tat and CD's you never listen to then by all means flog them if it helps you out.) - make an arrangement with the phone company to pay off what you owe by installments, live without a landline for a bit (how many calls that you make from it are really that crucial anyway? You can always slip a friend a couple of quid if you desperately need to use a phone), and in the meantime make plans on how to avoid the situation in the future.

    I don't want to take the moral highground on this though - I'm still in the process of figuring out my long term relationship with money, it's not easy to change the habits of a lifetime.
  • That "tucked away" phrase would make me say yes. If it's taking up space in the house and not being used then what's to consider about keeping it. I'm all for junk clearing, jewellery included. I recently made £125 from selling old jewellery that had been bought for my 18th/21st birthdays which hadn't seen daylight for years (and I am now at that "life beginning" age!!). And while I did feel a little bit guilty for doing so the money came in real handy at a time when I was desperate!!
  • lousina
    lousina Posts: 12 Forumite
    If the aunt/uncle have been loving and caring, and was treasured themselves by you, then , no would not sell it. Otherwise, yes.
  • As someone who has buys and sells DO IT they are just possessions and you can't take them with you so many people hold on to stuff it goes out of fashion and becomes worth nothing GOLD is paying a good price find someone you feel you can trust (word of mouth) and cut out the stress pay the bill
  • dig4victory
    dig4victory Posts: 55 Forumite
    Yes, I'd sell.

    I'm not really into keeping material things that have a value but no 'worth' to me. Plus hardly anybody seems to really know me and so get me appropriate presents - I've probably already kept it out of politeness - so let's use it for a worthy cause - paying an important bill.
  • Mr_Matey
    Mr_Matey Posts: 608 Forumite
    There's no way I'd trade in something I treasured for a little bit of dosh for a bill. Not unless I was facing bankruptcy and couldn't rely on family.
    Definitely yes; I pawned my engagement ring when I was 18
    :eek::eek::eek:
    I'm sure that went down well...
  • irishwench69
    irishwench69 Posts: 807 Forumite
    Part of the Furniture Combo Breaker
    Prevention is better than cure. This person (it wouldn't be me) should offer monthly repayments, have the land line removed and use a pay-as-you-go mobile. Selling "treasured trinkets" is all very well but what happens when the supply runs out ?

    ^^^^^ What they said!

    I don't think selling the watch is the answer to the problems faced by this person......if it means getting the phone cut off and maybe getting a bad mark on a credit file, maybe that would be enough to act as a LBM!

    While I don't consider myself mega-sentimental, it's more the fact that you're not addressing the underlying problem by selling the watch......

    IW x
    Official DFW Nerd Club - Member no. 222 :beer:
    :T Debt free wannabe - Proud to be dealing with my debts! :T

    Remember the MoneySaving mantras!

    IF YOU'RE SKINT......
    Do I need it? Can I afford it? Can I find it cheaper anywhere else?

    IF YOU'RE NOT SKINT......
    Will I use it? Is it worth it? Can I find it cheaper anywhere else?
  • Broken_hearted
    Broken_hearted Posts: 9,553 Forumite
    I would sell it. What use is it sat in a draw.
    Barclaycard 3800

    Nothing to do but hibernate till spring






  • vegankris
    vegankris Posts: 585 Forumite
    edited 18 June 2009 at 6:43PM
    Yes, but in some cases only as a last resort. If it was a present given to me as new, like the watch in the example, then I'd part with that- and I've already sold gold jewellery in the past- a lot sooner than I would with family heirlooms like my SylvaC dog which belonged to my late Great Aunt (it's not sat away in a drawer either, it's pride of place in my hall!)- that'd have to be an emergancy after I'd exhausted other options such as asking family to borrow- my mother would be extremely annoyed if I'd flogged the dog without asking her for a loan first.
    Owing to financial constraints, the light at the end of the tunnel has been switched off until further notice. :(

    Illegitimi Non Carborundum!!!:cool:
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