From pawn shops to grocery stores, shoppers aim to save cash amid rising inflation


From CBS17.com: A report out by the federal government Friday shows that inflation in May was rising at a level we haven’t seen in four decades. That means you’re paying more at the pump, at the grocery store and pretty much everywhere.

“Our grocery bill has definitely gone up, and then the gas to get there,” one local shopper, Erin DeSantis, said.

“I was looking actually at my bag, thinking, ‘Okay, I have one bag here and I spent $60,’” another shopper, Melissa Logan, said.

Shoppers in Raleigh say the high prices have made them more selective in what they add to their cart. To save a few bucks here and there, they’ve made some cuts to their grocery lists.

“A lot of the fresh stuff, because it’s expensive and if we don’t eat it quick enough it goes back,” DeSantis said.

One shopper who lives out of state but spent the week in Raleigh event spent Friday loading up a cooler in her car to cash in on the cheaper prices here.

“I live in a town in South Carolina, we don’t have a Trader Joe’s, so we all have to go somewhere else,” Gina Greer said.

All shoppers agreeing on one thing: they’re looking for different way to save a few pennies here and there.

“[I even look at] the cost per ounce, per quantity,” Logan said.

“We market shop, we know we buy pretty much the same things all the time, so we know what the good prices are on the things we buy the most,” DeSantis said.

But after seeing the total and swiping the card, shoppers say they’re just thankful to be able to find what they need.

“It’s a lot of money,” DeSantis said. “I’m just grateful that we can afford to buy pretty much what we need, and some treats along the way.”

While some people are trying to save cash, some are trying to make cash, and so they’re heading to local pawn shops.

“We get new customers every single day,” Brian Moulton, the Compliance Officer at National Pawn and Jewelry on Capital Boulevard in Raleigh, said.

At the shop, there’s usually a steady flow of people going in to sell items for cash.

“We get a lot of jewelry and diamonds,” Moulton said. “We also get luxury items, such as handbags, designer stuff, all the way down to television and game systems.”

With inflating hitting record highs, even more people are combing through their own stuff, seeing what they can live without.

“If they have some extra expenses, especially since gas prices have been high, if they have a ring in the back of a drawer that they’re not using anymore, they can bring it to us and get cash,” Moulton said.

But it’s not just cashing in, shoppers can save a few bucks by getting discounted items, including TVs, electronics, and tons of jewelry. Prices for those items at a pawn shop stay steady, unlike some big box stores.

“Right now with inflation, a lot of that is coming from supply and demand, and pawn shops don’t experience that,” Moulton said.

Some other tips experts suggest when it comes to saving money is to cancel any unnecessary subscriptions and to pack your lunch rather than buying out.

What Makes National Pawn’s Layaway Program the Best in the World?


Here at National Pawn, we love telling our customers about our layaway program, which we believe is the best in the world—that’s why we call it The World’s Best Layaway, after all! In this article, we will talk about some of the key differences between the free layaway option that you’ll find at our 23 locations throughout North Carolina and the Buy Now Pay Later financing that you may see at other places where you shop:

  • Buy Now Pay Later (BNPL) is a type of short-term financing that allows consumers to make purchases and pay for them at a future date, often interest-free. It has become a familiar way to pay in recent years due to popular platforms like Affirm, Acima, and Zip.  
  • Layaway is a plan that allows you to make a down payment on an item that the store holds for you while you pay the remainder of the price in installments. Once you’ve paid all the installments, you can take the item.  

Why is National Pawn’s Layaway Program Better than Buy Now Pay Later? 

According to Consumer Reports, BNPL plans come with considerable costs and risks, including late fees that could hurt your credit score if you fall behind in your payments. By contrast, our layaway program is completely risk-free and costs nothing. 

Top Seven Reasons North Carolina Customers Love National Pawn’s Layaway Program: 

  1. There are no fees or costs. National Pawn offers our customers the convenience of paying for their purchases over time at no charge. There’s never a storage fee, interest, or restocking fee. 
  2. Layaway allows customers to keep their items securely stored while they’re paying it off, which is convenient if it’s a gift that might otherwise be discovered by the recipient. 
  3. Layaway empowers our customers to purchase more expensive items, including fine jewelry, designer watches, and luxury handbags, rather than just what they can afford today.
  4. There are no layaway limits, so you can make payments and get things out when you want to.
  5. When you find something unique or desirable, you don’t have to save the money and hope it is still there; just put it into layaway! 
  6. If you change your mind or find something else you’d prefer, we’re happy to switch it out for you or give you your money back. 
  7. When you buy an item via layaway at National Pawn, you get the promise that we will buy the item back from you or pawn it for half of what you paid for it in the future. 

Instead of relying on a random search for ‘best pawnshop near me’, customers in Burlington, Charlotte, Durham, Gastonia, Greensboro, Hope Mills, Concord, Raleigh, Wilmington, or Winston-Salem, North Carolina can simply use our convenient store locator at www.nationalpawnshops.com to find the National Pawn location nearest them. We invite you to stop by today and take advantage of the World’s Greatest Layaway Program, which is the safest, least expensive way to pay for your purchases over time. 

Shop Small Sustainable

Carbon-conscious consumers find selection, value, and sustainability at National Pawn


Pawnshops have existed for thousands of years but are at the forefront of today’s hottest retail trend—sustainability. According to ThredUp’s 2022 Resale Report, “consumers are prioritizing sustainability, retailers are starting to embrace resale, and policymakers are getting on board with the circular economy.” Carbon-conscious consumers in Burlington, Charlotte, Durham, Gastonia, Greensboro, Hope Mills, Concord, Raleigh, Wilmington, or Winston-Salem, North Carolina have a reliable and trusted business where they can shop sustainably thanks to National Pawn, which has served North Carolina for 35 years. 

Resale is big business

Led by Generation Z, today’s consumers are increasingly focused on sustainability while shopping. Younger shoppers pay far more attention to their carbon footprint than any perceived stigmas associated with secondhand goods. In fact, 80% of Gen Z’ers responded that there was no stigma attached to buying secondhand goods whatsoever, according to the Global Data Consumer Survey.

Get paid to recycle at National Pawn 

Most consumers understand that throwaway retail culture depletes natural resources and overfills landfills. Pawnshops, by contrast, offer a solution that not only reduces the consumer’s carbon footprint by avoiding throwing their items away but also helps put cash in their pocket. Pawnshops will pay top dollar for pre-owned merchandise like electronics, tools and equipment, jewelry, designer watches, luxury handbags, and other items of value. Selling items to the trusted team at National Pawn is quicker and more straightforward than the hassle and risk of selling the item online.

Why National Pawn is the most sustainable place to shop in North Carolina

National Pawn is the best place to get cash for items of value. It’s also the first place to shop for pre-owned items in Burlington, Charlotte, Durham, Gastonia, Greensboro, Hope Mills, Concord, Raleigh, Wilmington, or Winston-Salem, North Carolina. To better understand how pawnshops represent the best of resale, it’s important to understand how they work. Pawnshops obtain most of the inventory on their shelves from people like you who bring in items they don’t want or are no longer using. As a result of all of these transactions, pawnbrokers end up with items on their shelves in good condition and have value to someone else. 

Pawnshops have a wide selection of merchandise

The items found for sale in a reputable pawnshop have been tested and verified in working condition and authentic. Shoppers can find items ranging from rare antiques and collectibles to useful tools and equipment to fine jewelry and luxury items inside their neighborhood pawnshop. 

Despite old stereotypes, consumers can shop pawn stores with confidence. Less than 1/10th of 1% of items in pawnshops are reported as stolen.

Should you buy fine jewelry at a pawnshop? 

Pawnshops buy, sell, and pawn items of value, including fine jewelry with diamonds and other gemstones. Carbon-conscious buyers understand that the only truly zero-impact diamond is a recycled one. They also recognize that pawnshops are a significant source of recycled gold for jewelry manufacturers. They also help consumers keep their jewelry and wear it longer by offering repair and refurbishment. 

Pawnbroking is a highly-regulated industry, and a reputable pawnshop will always guarantee the authenticity of everything they sell. 

Purchasing luxury items at a pawnshop

Consumers can still enjoy the quality craftsmanship of luxury goods such as designer handbags, luxury watches, gold and diamond jewelry, the latest electronics, or even a pair of high-end sneakers. Buying them from a pawnshop instead of new extends the life cycle of the luxury item and extends its life. 

Here are five of the top benefits of buying pre-owned items from pawnshops: 

1-Pawnbrokers are experts in secondhand: Pawnshops aren’t new to the secondary market, they’ve been around since the beginning of recorded history. They are also the most regulated and trusted source for pre-owned goods

2-Pawnshops contribute to the local economy: Buying secondhand from online marketplaces or direct from the owner can be risky leaving the consumer to wonder what happens if something goes wrong or the item they’re buying turns out to be stolen? Trained professionals handle transactions at the pawnshop. 

3-Pawn shops offer unbeatable value: The single biggest moment of depreciation for a piece of fine jewelry, designer watch, or any other item is when it goes from being ‘new’ to ‘secondhand”. By contrast, pre-owned items depreciate far slower and are a better value. Instead of paying retail, buying from a pawnshop allows consumers to have the items they want at more easily affordable prices. 

4-Pawnshop purchases are collateral: Items bought from the pawnshop and other things of value can be used as collateral for a pawn if the need arises in the future or sold back to the pawnshop. 

5-Shop small sustainable: Resale is more than just a passing phase; it’s big business, projected to double in the next five years to $77B. Shoppers already understand the importance of supporting small businesses in their communities. Now, it’s important that they also realize that doing business with a pawn shop makes them part of a circular economy that keeps unwanted items out of landfills and cuts down on unnecessary production. It’s the most sustainable way to shop! 

Whether you decide that selling or pawning your item is the best fit for your situation, our team is prepared to help you get the cash you need. Call or stop by one of our twenty-three store locations to meet our team and experience for yourself the service that has helped us build a reputation for trustworthiness and more than 50,000 positive Google Reviews in Burlington, Charlotte, Durham, Gastonia, Greensboro, Hope Mills, Concord, Raleigh, Wilmington, or Winston-Salem, North Carolina.

Expert Tips for Selling Gold Jewelry at a North Carolina Pawn Shop 


Selling gold jewelry to a pawnshop nearby can be fast and convenient. Anyone who has gold jewelry and needs cash will find many choices in North Carolina. Buyer beware; there are some essential things that you should know if you’re planning to sell gold jewelry for cash at a pawn shop in Burlington, Charlotte, Durham, Gastonia, Greensboro, Hope Mills, Concord, Raleigh, Wilmington, or Winston-Salem. 

How much money will a pawnshop pay for my gold in 2022?

The amount you will be paid for your gold jewelry depends on several factors. The most significant are:

  • Your jewelry’s gold karat
  • The current Market Value of gold
  • Choosing the right pawnshop

This article will help you understand the process of selling your gold to get the best possible deal and how you can use your gold jewelry to get cash without selling it by using it for collateral for a pawn loan instead. 

How much gold is in my jewelry?

Gold jewelry is typically made from gold mixed with other metals, known as alloying elements, to increase its durability for wearing. Most gold jewelry is either 10 karat, 14 karat or 18 karat gold. The “Karat” is the unit used to measure how much gold is in a ring or a piece of jewelry relative to the other metals present. A higher Karat means more gold in your jewelry.  

Most gold jewelry has its karat stamped or noted somewhere. On an engagement or wedding ring, you can usually find the gold karat engraved on the inside of the band, although there are more steps involved in verifying its accuracy. A reputable pawnshop will use technology and training to help you better understand the value of your gold.

What is the market value of my gold?

Determining how much you’ll be paid for your gold jewelry starts with the current price of gold. Like other commodities, the price of gold fluctuates over time based on market conditions. Gold prices can change rapidly, so it may be a good idea to check the current price before visiting a pawn shop or other business that buys gold.

It’s important to note that no pawn shop will pay the market price for gold. Instead, you’ll usually be offered an amount that’s slightly lower than the market, also known as spot, price. Our team is trained to help customers understand the amount we offer for gold jewelry and ensure that you’re getting the most for your jewelry, even broken or mis-matched pieces. 

How can I choose the best pawnshop near me?

Not every pawnshop specializes in gold. Some may have team members that aren’t adequately trained or lack access to the technology necessary for proper testing. Although most pawn shops will base their offers on the current price of gold, their processes may differ from one to the next. Because of this, it’s critical to visit a trusted pawnshop like National Pawn that’s been in business for over three decades and has more than 50,000 5-star Google reviews. Our customers at each of our 23 stores trust us to give the highest payout possible and the best service because they know we are the best pawnshop nearby. 

Should I pawn or sell my gold? 

Both pawning and selling your gold at a pawnshop will put cash in your pocket, but it’s important to understand the difference between the two types of transactions. 

As explained earlier, selling your gold is a straightforward process where you’ll be given an amount based on current value, and that’s the end of the transaction. 

But what if you are not ready to part with the item and instead would like to get it back later? In this situation, you may consider pawning it. When you pawn an item, you use it as collateral for a loan, and then you get it back when you repay the money you’ve borrowed as well as the associated interest and fees. Some customers choose to pawn their gold jewelry rather than sell it because it has sentimental value. Others want to use their gold jewelry to get the cash they need again in the future, realizing that they can sell it just once but they can pawn it again and again. 

National Pawn is the Best Pawnshop in North Carolina 

Whether you decide that selling or pawning your item is the best fit for your situation, our team is prepared to help you get the cash you need. Stop by National Pawn today and see for yourself why we are the best pawn shop in North Carolina. Find the best pawn shop near you using our convenient store locator.

National Pawn Makes Instrument Donation to New Hanover County Schools


Playing a musical instrument as a child has been shown to improve academics and help young musicians gain essential skills including patience, responsibility, and self-expression. For one North Carolina native, the experience was so impactful that he has spent the past dozen years building a legacy by donating thousands of instruments and tens of thousands of dollars to music education programs in communities where his company’s stores are located. 

“We know that each of the instruments we give has the power to change lives, and we have heard so many inspiring stories from students since we started back in 2010,” says Bob Moulton. Enamored by music as a child, Moulton wanted to join his middle school band in Durham, but financial strains made it difficult for his parents to purchase a new instrument. It wasn’t until his mom found an affordable instrument at a yard sale that Moulton was able to live out his musical dreams. 

Now a successful businessman, Moulton wants to ensure that every child who is interested in joining a school music program can pursue those opportunities. Over the years, they’ve hosted unveiling assemblies in Alamance, Cumberland, Durham, Forsyth, Guilford, Mecklenburg, New Hanover, and Wake counties. Even during the pandemic disruptions of the past two years, Moulton saw to it that the local children had instruments.

During these donation events, Moulton is always accompanied by employees from the company’s nearby stores. Dianna Martinez, who has been with the organization almost a year, attended the most recent instrument donation at New Hanover County Schools. “I was so happy to be invited,” she shares, “it made me feel personally appreciated and demonstrated how much this company appreciates people who live here.” 

“It’s the first time I’ve ever been involved in something like that,” shared Amos Santiago, an Account Manager at one of their three Wilmington stores who was there as well, “I was so proud to be able to give back!” 

Ariceli Maldonada, an Account Manager who also attended, added, “National Pawn is a very inclusive company, and I couldn’t be more proud of the way we support our community!” 

Black History Month: Spotlight on our Team’s Changemakers


For Black History Month, we are celebrating through stories from our National Pawn family.  We are highlighting  African American associates that have been “changemakers” in their career, community or in their families. They will also share “changemakers” who have personally inspired them.

“My name is Jeffrey Willis Jr. I am 26 years of age and I’m from a small town called Fayette, Mississippi. I am honored to be highlighted as an African American change maker. As an African American, I have so many reasons to be proud. 

A few big reasons are: The fact that my bloodline is filled with perseverance. The dedication that my ancestors had for change, and that we, as a people, have a courageous motivation beyond this world. Understanding and knowing where I come from has given me the utmost confidence to be who I truly am, and to take charge and lead in high positions. I’ve led high-ranking teams with FEMA and the Peace-corps, giving back to those in need, of all races. That was one of my proudest accomplishments.  That accomplishment gave me the power to let all my fellow African Americans know that the possibility of success is endless, and we as a race are free as a bird is this world.

Though obstacles arise, as a people, we can overcome them. We are obligated to change. That’s the true definition of success. I take that theory and I apply it to everything in my life.

To all races I say, “You should be proud of who we are and where we come from.”

Barack Obama inspires me by saying “Change will not come if we wait for some other person or some other time. We are the ones we’ve been waiting for. We are the change that we seek.”  There is no waiting for change. The time is now. -One Love, United we Better

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