Debt Reduction, Everyday Living, Good Reading, Random!

Selling my schtuff

Rebekah, one of my fellow bloggers, recently posted an article entitled “A Time to Sell.”

Rebekah is taking a Dave Ramsey class and one of his adages is to sell everything to get out of debt.

I love Dave Ramsey’s concept that you should live like no one else so later you will live like no one else (i.e. – save your money now, get out of debt, etc., and you will reap the benefits of financial freedom later), but selling everything I have to get out of debt?

OK – who really wants my dogeared collection of paperbacks? Who wants the copy of Stephen King’s “Cujo” that my father found for me – it’s written in German!

And why the hell would I get rid of that? (Beyond the fact that it’s in German – a language that I can only curse in.) My dad found it at an auction and he knows that I love Stephen King. That book will be sold on the occasion of my death or if I go through some sort of personality conversion that convinces me that King is evil and I should not read his books anymore. (Incidentally, the former is inevitable, but the latter is very unlikely.)

I’ll admit – there are things in the house that I’ve been saving up for a garage sale or to sell on eBay – notably, a bunch of clothes that I got from my mom and some from a coworker. They are all in bags ready for the day that I get rid of them and I need to get on the stick and just sell the damn things.

But before I pat myself on the back and try to convince you all that I don’t have a dearth of random useless crap in my household, I’ll share this with you. This was a comment some random reader made on Rebekah’s blog and quotes from one of my favorite movies/books:

“You buy furniture. You tell yourself, this is the last sofa I will ever need in my life. Buy the sofa, then for a couple years you’re satisfied that no matter what goes wrong, at least you’ve got your sofa issue handled. Then the right set of dishes. Then the perfect bed. The drapes. The rug. Then you’re trapped in your lovely nest, and the things you used to own, now they own you.” ~Chuck Palahniuk, Fight Club

I remember seeing that movie 10 years ago. My 20-year-old self was blown away by that concept and she probably swore that she would never been controlled by STUFF.

Well, I’m 30. On Saturday, Future Husband and I finish our bridal registry. What do you think? Think I’m controlled by STUFF? The irony amuses me and makes me shake my head.

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5 thoughts on “Selling my schtuff

  1. i agree with you. also another problem i have with selling things to pay off debt is: some people probably bought all that stuff with their CC’s and are now in debt because of it. when you resell something, it loses its value. so if you charged a $30 book, and now can only get $4 for it on an auction site, what good is that doing? you’re leaving yourself with no assets whatsoever, plus you’ll STILL have debt, because everything you sell won’t be enough to cover the debt in the first place.
    reduce expenses, earn extra money, pay the damn debt off!

  2. If you got rid of clothing, would it be more beneficial to sell it by garage sale/online or to give it to Goodwill and take the tax write-offs?

  3. We are following the Dave Ramsey plan as well.

    I have to agree with you on the idea of selling everything you own and being “Gazelle” intense. I am all for being Gazelle intense and getting the second and/or third job. If I sell almost everything I own I am only going to get a fraction of what I bought it for and then I am left with nothing, but a little less debt and no possessions. We have sold things we haven’t used in 3 or more months, some extra children toys and the spare computer. Beyond that we really don’t have much unless we are going to sit on the floor and not watch any movies.

    Come spring I am sure we will have some sort of garage sale to sell more children things as they grow out of it.

    Great blog!

  4. whitestripe, it is better to pay off $4 of the debt and only owe $26 than it is to owe $30 and have a book you don’t need.

    One lesson here, though, is that buying used makes so much more sense. Used items don’t depreciate like new items. I could give numerous examples of things we bought used and later, when we no longer needed them, we resold them for about the same price we had paid years earlier.

  5. I totally loved that quote too.

    Oh, and you’d be amazed at what some people will pay for useless junk. ; )

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