December 8, 2021
Have you ever opened up your garage and thought “YIKES!!!”?
As the door creaks open, it slowly reveals a maze of tools, trinkets, pictures, memorabilia, and, if we’re honest, straight up junk.
It’s a disaster. A catastrophe. Stressful. And it could make you a whole lot of money.
Step 1: Take inventory of your stuff. From ball bearings to Beanie Babies to unused tools to picture frames, create a list of everything that’s cluttering your home.
Be ruthless. If you haven’t used something for years or it’s stressing you out, put it on the list. Be as specific as possible about features, condition, and age.
Then, search for similar items on Craigslist and eBay. Tally the prices next to the items on your inventory. Add the numbers together. That total is how much you stand to make (minus expenses) if you play your cards right. You might be surprised by how high the number actually is!
Step 2: Sell it all. You have a few avenues available for monetizing everything…
Garage sale. This is the simplest way to sell your stuff FAST. Put up a sign, organize everything as best as possible, and get ready for a hectic morning!
While a garage sale can liquidate your clutter in record time, you’ll almost certainly sell your goods for much less than what they may be worth. Garage sales attract every spendthrift and penny pincher for miles around. They’ll expect bargains, and it’s best to give them what they want!
Online marketplaces. This is your best option for truly competitive prices. That’s because it broadens your potential customer base across the country. And in that expanded customer base are some… how to say this…. devoted collectors.
Those books from the thrift store you bought for $3 on a whim? They’re part of an obscure sci-fi trilogy with a fanatical—and well-paying—fanbase.
That bedside table your great uncle left you? It’s exactly what a local mom with an eye for antiques needs to complete the guest bedroom.
And yes, the ridiculous toy collection from your grandparents that you never opened is now worth a fortune.
Just be warned that every online marketplace is different. Some will charge for creating a listing, others will want a slice of the profits. Social media platforms and groups are excellent places to reach local customers. Decide which platform works best for you, see how items are priced, and start selling!
Step 3: Reap the rewards wisely. Remember, getting rid of your stuff isn’t going to be free. By this time, you’ve committed a chunk of your energy and time to monetizing your mess. The money you earn isn’t a random windfall—it’s the result of your hard work.
Whatever you earn, commit it towards your existing financial goals, like…
- Eliminating debt
- Saving for retirement
- Buying a new home
And just like that, you’ve turned your mess into money and your stress into confidence. It’s a feeling that’s worth more than anything sitting in your garage.