The going can be incredibly hard during a recession. Unemployment spreads far and deep, crime runs rampant, there is little hope in sight and everything seems utterly depressing!
Following some tested strategies, you might, however, be able to catch the silver lining! It is no secret that people usually resort to selling their possessions to make ends meet during times of economic crisis and with the right planning, you might actually be able to lend a helping hand while also ensuring your own safety and peace of mind.
Here is Irit Zeevi with some very sought-after tips! Have a look
- Buy pewter – Pewter has become very popular and is a fast growing niche in fashionable jewelry. A combination of tin, copper and antimony, pewter affords buyers the look of silver jewelry while costing considerably less than both silver and gold. In many cases, pewter jewelry is lead free, which also means its tarnish free. Cross pendants as well as other stylish men’s jewelry are now available in pewter. Buying jewelry made from pewter makes both money and fashion sense.
- Versatility – Whether you are buying jewelry simple because of its beauty or using it to create style, choosing jewelry that is versatile in purpose is a win-win situation. Consider buying pieces that match the majority of your outfits. For example, men’s leather necklaces and bracelets are suitable for creating a casual and sophisticated style and are equally the perfect addition to a dressier look.
- Affordability – Buy only jewelry that you can afford! A recession is a time of financial stress. It is an awakening of sorts when consumers are forced to choose between what they need and what they want. While you may prefer the Tiffany & Co. styles, at the time, it may or may not be financially feasible. Instead, search for an alternative piece of jewelry that looks the same but cost significantly less. If you only have eyes for expensive jewelry, sales and promotional events are great times to buy jewelry at a fraction of the cost.
- Choose quality over quantity – No longer does quality mean higher prices. Over the years, the quality of fashionable jewelry has increased making jewelry ownership more affordable and accessible. A financial wise decision would be a leather necklace that is suitable in creating many styles over a handful of multicolored necklaces that are limited in both style and versatility.
- Estate sales – Estate sales are wonderful venues for finding rare pieces of jewelry. Vintage as well as other unique styles make up the majority of jewelry pieces found in estates sales. The classified section of your local newspaper is a great resource for finding estate sales in your area.
- Pendants – Pendants, pendants, pendants! Oh, my! In the world of jewelry fashion, pendants are hot ticket items. Why? Not only are they highly affordable, pendants are versatile as well. Popular with both men and women, pendants are available in a wide range of styles and metals. Owning a handful of different styled pendants gives you the opportunity to create several different looks. Popular men’s pendants include the Celtic cross pendant as well as other statement pendants. As an alternative to expensive diamond cross pendants, women have created a niche for Swarovski crystal pendants.
- Budget your time and money – We have all heard the idiom time is money. Your time is extremely valuable and before you buy jewelry, it is best first to decide on a budget. Do not spend countless hours looking at jewelry you cannot afford. Consider this important question: What’s the absolute highest price you’re willing to spend on a particular piece of jewelry? After you have made your decision, do your best to avoid the temptation of buying outside of your price range. Stick to your budget and only look at jewelry choices within your price limit.
- Be resourceful – When life gives you lemons, it is time to get creative. While having less money may temporarily curb your appetite for buying expensive jewelry, it does not mean you have to stop buying jewelry all together. Consider borrowing jewelry from family and friends. Since everyone’s taste in jewelry differs, you are sure to have endless opportunities when considering the jewelry of others.
To sell your old jewelry, get cash for gold or to invest in new, premium designs at accessible prices, visit Wyatt Austin Jewelers.
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