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Reply to "Help me break DH’s “sunk cost” mindset "
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[quote=Anonymous]This is not a sunk cost issue. The issue is that he is not accounting for the value of his time. He is also not accounting for the actual sale price. When I had my first baby, I saw baby things listed for sale and assumed I’d sell my stroller and other large purchases. When the time came to sell my strollers I realized that people are not paying the listed price and not every post in my mommy list serve was sold. In the end I maximized my return by donating the large items to an organization who helps new moms and taking a tax write-off. The other thing he is not accounting for is the value of his time. I saw moms who sell baby clothes and thought “I can do that!” Except it is a ton of work for a few dollars. Since my time has a cost, I find it more cost effective to donate and itemize taxes or consign special items like the suits my kids wore once in a family wedding. So your husband can probably find a buyer at his desired price - but at what cost for the effort and time until the sale? [/quote]
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