Still Have an Unused Wedding Ring? Don’t Throw it Away!
Posted by Carlie Berke, CDFA®
April 26, 2018
What do you do with your engagement ring or other jewelry that you no longer wear due to divorce or some other reason?
If you have a diamond engagement ring, particularly one with a center stone over 1 carat, you can sell it through a new on-line site called Worthy. The process is fully transparent and the stones are typically bid on by multiple bidders to help insure you get a better price. You can also sell watches through this process, although their primary focus is diamonds. Check out www.worthy.com.
Don’t sit on items of value that are not producing any return for you. Sell it, pay down debt or even better, invest it for your future! Put it in a 529 account for your children or grandchildren or do something nice for yourself. Make your assets work for you, not gather dust.
Want new articles before they get published?
Subscribe to our Blog.
*Your information will be kept private and not shared with any 3rd party.
Credit is something often overlooked and needs to be protected in a divorce.
62% of divorced people do not have wills, compared to 42% overall who do not have a will.
Three important considerations related to the marital home and child tax credits in your divorce as a result of the Tax Cuts and Jobs Act (TCJA).
Your Money Advocate
We envision a divorce process that allows you to keep your money in your family by developing affordable, common sense solutions that are compassionate, straightforward and transparent, resulting in empowered decision making.
Office Hours: M-F, 9am-5pm
Call Us: 858-342-7756