From an early age, I was taught the value of money. If I wanted something, I would save hard to get it.
Back then I was getting the most money for my birthday. My grandmother would give me some more whenever I visit her or convince uncles to donate for a right cause (my new toy).
I would buy some new toy whenever I had enough money. I felt excited each time reaching the necessary amount to buy the next toy; running to the shop, get it and go back home to play until bed’s time.
Do you remember when you would get your dream toy? How did you feel? Full of excitement, right Pal?
My only problem was that I didn’t have enough money to buy new toys. However, soon I figure out that I was rich in toys that no longer I wanted. I got the idea to sell the old toys to buy the new one.
Fast forward and not much has changed. In college, I sold my old text books and CDs for cash. I sold old video games on eBay. On the weekends, once a year, I call all my friends at home and sell my clothes.
Why not get rid of some of your extra stuff? It’s “free” extra money and less “junk” in your home.
You’ll be surprised the amount of money you can get from things that might seem useless to you. For others, they’ve got value.
This extra money can be used to reduce your debts, invest for your retirement or pay the next bill.
I’ve heard so many excuses from people don’t want to sell their stuff:
- “No one will want to pay for it.”
- “Throw it away is just easier.”
- ” I don’t know how to sell used things.”
- ” I’m too busy with my life.”
- ” That item isn’t worth it.”
- ” I’ve nothing to sell.”
Pal, stop with excuses!
If you’re throwing things that you could sell, you’re throwing money away.
Thanks to the internet it’s easier to sell things, so don’t let this opportunity to make extra money slip away. Try first to sell your “junk items”, and if doesn’t sell, then you can throw it away.
A few places where you can sell are:
- Ebay; Ebay is huge and super fun. Anything can sell on Ebay. Ebay is the most popular, but there are many other sites to sell your things.
- Garage/yard sale; It’s a “different” way to enjoy a weekend by selling your unused items and have a chat with your neighbors.
- Pawns Shop; If you need money ASAP and you’ve valuable items like jewelry, coins or collectible things, this option is valuable. The biggest drawback with pawn shops is that you’re going to pay for selling your items in a hurry.
- Craiglist; Easy and free, this site never let you down. A compressive guide selling your items on Craigslist in 24 hours.
- Facebook; Well, if you have a few friends on Facebook, post nice pictures of the items and write; “My friends, It’s up for sale. Who want it?”. Your friends know you already, so it’s easier to sell to them.
A simple rule of thumbs; Any items that you don’t use for the last six month, it’s become obsolete to your lifestyle. So, sell it!
If you need some extra pocket cash, here are ten different things you can sell to make money.
1# Cloths
Is your wardrobe exploding? Call up friends with your similar fashion’s taste and ask if they would be interested in buying some cool clothes. Or take a photo while wearing your clothes with your phone and post on Facebook for SALE..
Doesn’t work? Post on eBay and is a guaranteed sale.
There are also thrift stores paying cash for your clothes.
The usual items you can sell include jackets, hats, pants, shirts, T-shirts, shoes, dresses and more (PLEASE, NO UNDERWEAR).
2# Books
Books on the shelf taking dust are better off sold. Whatever you have an encyclopedia, textbook or novel, you may be able to sell for extra money.
Here a tip to save some money for your kid’s school books. I used to buy my school textbook used at half OF retail price. Finish the school year, I used to sell them at the same price. Basically, my textbooks were free.
3# Video Games
I love video games, but they are expensive. I buy them second hand from eBay or second-hand shops.
Once I get bored, I resell them on Ebay or to my friends while getting back the full amount.
Even thought some of your video games are outdated, there are still a bunch of people out there who purchase them.
4# Movies
Movies are another great item to sell for extra money. You may be able to earn a few dollars for each movie sold, and possibly US$10+ if you have a series.
If you happen to have a bunch of movies laying around, get some extra money for it.
I sold recently the “Godfather Trilogy” for US$14 on eBay.
5# Baby Things
If you have or had a baby, you know how fast they grow and things just grow in the storage room.
Sell them for some easy money to your relatives, friends or list on Craiglist.
My friend has a daughter two years older than mine. Once a month, I visit to buy things for my daughter. So, if you have friends with younger children than yours, invite them for a coffee and show how useful your unused baby gears are.
6# Furniture
These are big tickets.
Sometimes there is furniture you no longer have a use for. Maybe you just have extra furniture taking up too much space after redecorating the house.
Before sell it, it’s worth give some paint job so it can fetch a higher price. Visit the nearby auction house or set up a garage sale.
I’ve seen people sell/buy used tables and chairs on Craigslist for over US$ 60.
7# Appliance and Electronics
Think twice before throw your electronics; even if you think the item is too old, you may still have a shot.
You fridge or washing machine doesn’t work anymore? Some shop pays you a few dollars and even go to your home and pick up the appliance.
Used electronics sell very well such laptop, phones, Ipad, and TV. Don’t worry if they are scratched or not working properly, they can still get a decent amount of money. Once I sold a broken Dell laptop for US$220.
8# Jewelry
Well, today gold price is attractive at US$1324 per Oz, compare to 10 years ago at US$600 per Oz.
If you have unused jewelry items that you dislike or recently broke up with your partner, have a visit to the nearest jewelry shop for a quotation.
9# Big Toys
You bought a camper because you couldn’t wait to hit the countryside every weekend. This summer, you went camping once.
You dreamed of riding a sky jet while getting a suntan on the beach nearby. Instead, you stay home watching TV and look after the kids.
It’s time to sell it! Don’t waste money on insurance, tax and depreciation value by keeping it.
10# Wedding Dress
Is your wedding dress collecting dust in the closet? You can fetch some good extra money if your dress is till in fashion.
There are sites like sellmyweddingdress.com that can help you.
2 comments
Totally right. One excuse I hear for people who don’t want to sell something is that “no one would want to buy it.”
If you bought it once, I guarantee that someone will want to buy it if it’s priced correctly.
Hi Financial Panther, I love your name.
Yeap, everything has a tag price. Tomorrow a company is coming my home to pick up my empty bottle plastic, it’s two month I’m collecting.