The prospect is tempting.
But is a garage sale worth your time?
How Much Can You Make From a Garage Sale?
Yard sales are a lot of work.
For many, this doesnt sound fun or worth it.
Crystal Paine at Money Saving Mom says shemade $1,000 during a two-and-a-half-day yard saling, which sounds great.
7 Ways to Make Money if You Hate People
Do you avoid people too?
Enough small talk.Here are some waysto earn extra cash, without all of the social stuff.
Thats at least 25 hours of work for $40 an hour split among three or more households.
Subtract possible advertising costs and taxes, which we know youre scrupulous enough topay each quarter.
So… you do the work of basically running a business for less than $13 an hour.
Oh, and did you ask for time off work to make time for this?
With lost wages, you might not even break even.
Did you know?
Make Quick Money These Ways Instead
We get it: Yard sales are a lot of work.
Instead, try one of our favorite ways to make quick cash.
Garage Sale Tips: Maybe Dont Have One?
Decluttr willbuy your old CDs, video games, DVDs and Blu-rays.
You scan the barcode with the app on your phone, and Decluttr makes an offer.
And never have to look at them again.
With Decluttr, you could sell stuff online without having to deal with individual listings and buyers.
And shipping is free.
The company emails you a shipping label to cover the cost.
Just print, pack your items in any box and ship it.
Find the Best Place to Sell Textbooks With Bookscouter
Hoarding old college textbooks?
I wassureId crack my Sociology 101 text to answer important questions in the future.
Alas…
To get them off your hands, useBookscouter.
But dont be tempted by those companies.
Sell your precious metals locally for a better deal and faster payment.
If you have bullion bars lying around, great.
If youre like most of us and donotstock gold bars, try selling these items:
4.
List Vintage Jewelry Through Etsy
Dont be that person trying to sell valuable jewelry at a garage sale.
Yes, its probably worth what youre asking but not to a garage-sale shopper.
Theyre looking for cheap.
Etsy is known as the marketplace for crafts and handmade goods.
But you could earn money on the site without making anything.
And if youve got a hoard of costume jewelry, heresour guideto selling it.
Sell Your Used Clothes Online
Forget about tagging, folding, hanging and displaying all your clothes for sale.
Online consignment works similar to its brick-and-mortar cousin.
Youll send in your items, and the site will sell them for you.
you could even sell your wedding dress on consignment and make another frugal bride very happy!
Need more ideas about where to sell?
Heres our roundup of the 19 best places to sell your used clothes online and in-person.
List pretty much anything else on your local Facebook Marketplace and Craigslist.
These catch-all marketplaces are as quirky and wonderful as their in-person counterparts minus the dirt and fleas.
Their smaller audience could yield better relationships and help you connect with niche buyers for your more unusual pieces.
Trade or Sell Exercise Equipment
No one wants to impulse buy your unused treadmill at a yard sale.
For quality furniture youve treated well, try selling to consignment stores.
Some buyers will pay a premium for shabby chic as long as you put alittlemore emphasis on the chic.
You might do better by donating it.
Just see to it you leave with a receipt.
Its tough to calculate the value of that tax deduction precisely, but lets try a scenario.
Say you sold a bunch of clothes, baby toys and accessories for less than $1 apiece.
Thats well below fair market value no way is the IRS calling a rummage sale a fair market.
In good used condition, maybe that stuff is worth at least $5 apiece.
For reference, heres Goodwills Donation Value Guide.
At a 15% tax rate, that deduction would save you $525 in taxes for the year.
Thats $262.50 an hour.
No Interest Til Almost 2027?
Balance Transfer = Credit Card Cheat Code