Skip to main content

The joy of selling - 3 ways it's great

My friend Stephen asked about charging for things. He felt bad about charging someone $30 for an artwork - even if it cost him much more.

Should he feel bad?

No. If someone wants to pay the price, they obviously value it highly (at least more than the $30). If he's willing to sell, he must value it less than $30. So it's going to the person who will get more joy out of it.

Why not just give it to them for free?

Money is a convenient way to measure value. It's also a way to share the joy. If Steve gives the art away then he no longer gets to enjoy it - so is worse off. By selling it for $30, he is happier with the $30, and the buyer is happier with the artwork.

The end result of the sale is that both people are happier than they were before.

Here are 3 reasons it's better to sell than to giveaway and how it helps you declutter and minimise better.

1. Money (most obviously).

It might just be a few bucks here and there - but it adds up. My wife and I often sell an item for $5. We've done that 97* times, for a total of $485. That's significant. It's helpful for us, while still giving each buyer a great bargain.

2. May the joy be with you (and others)

Recently I found some Star Wars items in a box. If you'd asked me the previous day I would not have known I owned them. Hadn't even seen them in years.

If I had to choose to keep or giveaway, I might have kept them. I have fond memories of Star Wars and the figurines are cool - especially Yoda, C3PO, R2D2 and Chewbacca. But they obviously aren't super-meaningful for me, given that I'd forgotten I had them.


I split them into sets and made a total of $48. I've succeeded in increasing the joy in the world. By putting them in sets, at least three 3 kids (and one surprisingly enthusiastic adult) can now enjoy these items on a regular basis.

It slightly decreases my joy to part with them, but the $48 more than makes up for that. That's what makes it possible for me to part with these items that would have otherwise been yet another box of clutter, not being used.

3. The 'Oops' fund

How many things do we keep "just in case" we need them? Lots. This can hamper our downsizing efforts if we're worried about losing something we might need sometime in the future. So we end up having a lot of possessions we never use.

The beauty of selling is that you accumulate funds. From books alone, my wife and I have made $209. If we ever want to read one of those books again - and that hasn't happened yet - we can use some of the $209 to get another copy. If it's not at the library for free.

The money you get from a sale gives you the confidence to downsize further and to part with extra items that you may not have given away freely.

[Update: A reader contacted me to say they love the 'oops' fund idea, and that "I tend to get rid of stuff brutally but my spouse gets freaked out sometimes so this idea might appeal to us both!"]

*Update: Now we've sold 122 items for $5 each. Each buyer still gets a bargain, and it adds up to $610 for us.

Related reading

You may also want to read by free ebook Less Clutter More Cash - with tips for selling online.

Comments

  1. I am such a fan of "Less Stuff, More Joy" - I see so many people I love that are absolutely shackled by their need to find a place for/take care of/get a good deal for their stuff. My much loved father was an entry-level hoarder and when he passed I was happy to pay someone else to sift though everything and donate/dump everything. He spent bucketloads of his money on all that crap and I had to pay someone - let that sink in. I'm not a minimalist, by any stretch of the imagination, but I'm conscious of finding good homes for stuff I don't use. To that end, I volunteer with a "Library of Things" in my area to help support less consumer waste and full life-cycle use of appliances and tools. One of my roles is selling/finding new homes for donations that aren't being used or are no longer useable for us. Someone gets a desired thing at a deep discount and we get to pay our rent - everyone's a winner :-)

    ReplyDelete
  2. Hi Sianzilla,
    Yes there's so much value in items. Often it's just a case of finding the person who will appreciate it. Library of things is a great one because so many people can get value from the one item.
    'Minimalist' is an odd term because it conjures up so many different images. If you're finding alternate homes for anything you don't use, that sounds pretty close to minimalism to me. It's just not being "shackled" (as you say) by heaps of stuff we don't need.
    All the best for the library. I hope it continue to be able to pay the rent, reduce waste and provide value for people. :)

    ReplyDelete

Post a Comment

Popular posts from this blog

5 Reasons why we hoard - and they're wrong

"Less is More" is one of the catch-cries of downsizing. Often the fewer things we have the more we value them. So it's a great title for a book that's basically a manual for how to de-clutter your home. The introductory chapter of Less is More: How to De-clutter Your Life gives some great insights into why we find it so hard to reduce our stuff. Here are 5 of them - the last one is one of the biggest for me. 1. The cost of holding on. We were raised by our parents and grandparents and in their day items were expensive and space was cheap. It made sense in those days to hold onto stuff just in case you ever needed it. But today housing is expensive and items are cheap. It's hard to change a habit, but now we save much more by downsizing. 2. Keeping it in the family. For some reason we prefer to give things to those close to us. Again this was viable in the days of big families and lots of children to receive hand-me-downs. But these days we have smaller fa...

20 unplugged ideas

May 1-7 is Screen-Free Week . It's about spending time away from the screen and more time with each other - or doing things we love. It's a great chance to break the work-tired-watchTV-ads-shop-work cycle. This list of twenty alternative ideas is great for screen-free week. It's also a great reminder of things we could enjoy if we're shopping and spending less - and maybe working less and enjoying life more.

Will robots take your job?

The future could be very different. It's one reason I started this blog. What will technology mean for jobs? For incomes? For society? So I was excited to find Will Robots Take Your Job? at my local library. What does the book say? There's always been technological change and we've always found jobs. As the more laborious jobs were taken by machines, we took on higher skilled jobs, moving further up the "skill ladder". The main question is whether this time is different. Will the "skill ladder" continue to have higher rungs for humans to move on to? Will these rungs appear as quickly as the current rungs disappear? Either way we're headed for significant disruption. Either large-scale re-training of our workforce or massive unemployment. The author despairs that our leaders seem not to talk about this - and worse still, not have a plan for it. Farmers or horses? In 1870 about 75% of Americans worked in agriculture and used 25 million hors...