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Why Selling Your Engagement Ring Might Be A Good Idea After Divorce

Divorce can be full of challenges. Both emotionally and financially, this can be a stressful time and you will likely be looking for ways to overcome these difficulties. One of the most practical steps you can take is to sell the engagement ring. Why?

Financial benefits of selling your engagement ring

With the costs associated with divorce and juggling finances alone instead of as a couple, it can be important to generate additional income. Selling your engagement ring can help you quickly raise money to put towards any legal costs or simply adjust to your new life. Taking the pressure off of your financial situation can bring a lot of relief and reduce stress.
Your engagement ring may be one of the most expensive items that you own, but it is also the most disposable in the sense that it no longer adds value to your day-to-day life. Unlike a house or a car, it is highly unlikely that you will be inconvenienced by no longer owning your engagement ring. The bottom line is that selling the ring is a practical financial decision.

Emotional benefits of selling your engagement ring

What have you done with your engagement ring? Hidden it in a drawer to gather dust? Are you aware of where it is but avoiding looking at it? Or are you still wearing it because you don’t know what else to do with it at this point? Whenever you feel ready to deal with the ring, selling it can be a great way to move on emotionally.
The ring now symbolizes your previous relationship and is a constant reminder of something that you are likely looking to move on from. Letting go of something steeped in emotional baggage and history can be cathartic and allows you to symbolically put your past behind you. So why not trade it in to buy new jewelry or sell it and put the money towards your divorce costs, a vacation or simply treat yourself? It is time for new beginnings and holding on to your past may hold you back from starting over.

How to sell your engagement ring quickly and safely

When to sell the ring is an entirely personal decision. You will want to make sure that you are comfortable with the idea of selling your engagement ring, but also comfortable with who you are selling to. There are a variety of ways you can sell your engagement ring, but in order to sell safely and quickly for the best price, working with a reputable and established diamond buyer is your best bet. WP Diamonds can help you sell discreetly in as little as 24 hours, online or via appointment. Get a price quote for your engagement ring today to start the selling process. You can also trade it in for a new piece of jewelry that represents this new phase in your life.