You have an old guitar lying around in your garage, and even though you’ve bought a new one and hardly play anything else, you can’t help but feel nostalgic for the days when you were just a beginner.

If you plan on becoming a rock star, you wouldn’t quite mind having your first guitar to auction off for charity.

But how do you know if it’s simply better to move on and forget the old guitar?

When It’s Good to Let Go

Let’s face it:  your chances of becoming a rock star aren’t very good.  If you can prove me wrong, you’ll be the exception to the rule.  If you do want to become a rock star, feel free to ignore my advice.  For many casual musicians, however, the time to “let go” of an old guitar or musical instrument is simple:  when you upgrade to something better.

Many times, you might even try selling your old instrument in advance to generate some cash for the new purchase.  If you want to upgrade your music and feel nothing sentimental for your old instrument, simply get rid of it.  It will take up zero space and give you a little less room in your wallet, if you know what I mean.

After all, if you know how to get a new instrument without breaking the bank, the money from the old instrument might be able to fund the new purchase!


When It’s Good to Hold On

Of course, it’s sometimes good to hold on to a musical instrument, especially if you have younger siblings or children to pass the instrument on to and want to keep it around until that happens.

You can also keep it with you for sentimental value:  for example, if your guitar was ever held by someone famous, you can hang it in your music room and have a story to tell for the rest of your life.

You might also simply want to keep your instrument if you can’t afford anything better.  Don’t necessarily stretch every dollar you have or go into debt just to buy the latest, fanciest guitar.

Bottom line?  Knowing when it’s time to move on from your musical instrument is a decision you make.  Make it a good decision.