Posted on
April 1, 2009
at
9:14 am
Do you think it's a good idea to sell personal belongings to pay off debts? Would you sell your computer or TV to pay off a credit card bill to get rid of a high interest rate debt?
Posted on
April 1, 2009
at
7:40 pm
Depends how far into debt you are, really.If you're just getting into debt but not majorly into it yet, I would suggest trying to find an alternate means of income whether that means an additional job or some other means. A suggestion to those who are in this kind of situation and are looking for additional income and just don't have the time to spare for another job take a look at some of the different things you can do online in my destroydebt blog entry which can be found,
here.With some of them you'll be out of debt in no time!
Posted on
April 1, 2009
at
8:00 pm
yes, I would sell my T.V. and furniture if I had to... it would hurt a little but I would rather sit or lay on the floor and have debt behind me than to sit on the sofa watching T.V. knowing that my debt is getting worse and worse and I could prevent it if only I would sell my furniture and TV you can always get more furniture and a T. V. but being in debt and trying to get that credit score back right is something else :)
Posted on
April 2, 2009
at
1:34 am
And, TV is just a temporary escape. When you go to bed and there's no sound in the house, you have to lie there and think of the mounting debt. That's the turning point for most people.
Posted on
April 2, 2009
at
1:46 am
No i think i will not be able to sell my belongings, if I am in debt i would try to get another job.
Posted on
April 2, 2009
at
2:11 am
Yes I do sometimes. I sell my unwanted things before like new and unused clothes that are kept in the closet.
Posted on
April 2, 2009
at
2:48 am
yes, I would sell my T.V. and furniture if I had to... it would hurt a little but I would rather sit or lay on the floor and have debt behind me than to sit on the sofa watching T.V. knowing that my debt is getting worse and worse and I could prevent it if only I would sell my furniture and TV you can always get more furniture and a T. V. but being in debt and trying to get that credit score back right is something else :)
Posted on
April 2, 2009
at
2:54 am
I think it reach to a point where its a liquidation state already. Selling assets/furnitures and fixture to pay debt means zero to zero now. Zero because your furnitures and fixtures at home will be gone to make your debt zero too. But i dont think its a good way, in case you still have options to do like have additional earnings aside from salary then its one good target to get.
Posted on
April 2, 2009
at
3:16 am
well, for me it depends on the situation.If i can manage to get the money in 1-4 month i will never sell it because if i sell it, means i have lose some of my money that i use to the the thing.So, i will try my best to get enough money to pay my debt
Posted on
April 2, 2009
at
4:23 am
i won't sell my belongings to pay debt, because i have to spend more money to buy new. If I can't take debt in time, I will loan from my friends without interests.
