Your place could have around $6,000 worth of unwanted items. It’s time to turn your trash into cash.
Turn your clutter into cold hard cash. According to online selling site Gumtree the typical Aussie home has around $6,000 worth of unwanted ‘stuff’ just waiting to be sold.
In fact, it’s estimated we each have an average of about 23 unwanted items that we’re hoarding in our homes. And just because you don’t want it, don’t know where to start the de-cluttering your home or you’ve simply been too lazy to get rid of it (guilty!) doesn’t mean it’s worthless.
Here are some ways to put your unwanted items to good use.
One person’s trash is another’s treasure, and no matter whether it’s that passive aggressive self-help book the in-laws gave you for Christmas, the bell bottom jeans you’re hoping will make a comeback, or memorabilia from ABBA’s last Australian tour, it’s a fair bet it’s worth something on the secondhand market. Place an ad on selling sites like Gumtree, eBay or even in the classifieds in your local paper and watch the money flow in.
Hold a street sale
For a quick, lets-clear-the-lot way to offload your unwanted possessions, hold a garage sale. Better still, get together with neighbours and hold a street sale. The bigger selection of items and carnival atmosphere can be a drawcard for attracting cashed up customers. Resist the temptation to blow your takings buying your neighbours’ junk.
Set up a market stall
Make an event of selling your old wares by setting up a stall at a local market. It can cost as little as $20 to book a spot at fetes and markets run by local community groups, and teaming up with a friend can make it more fun.
Create a gift box
Don’t be embarrassed. Re-gifting is in vogue these days. Items that are new or near-new can easily be attractively wrapped and given a new lease of life…as long as it’s not re-gifted to the person who first gave you the item. Oops.
Earn karma points
Earning some cash on the side is great but helping others, and the planet, feels good too. Consider donating unwanted items to a charity op shop. Animal shelters always appreciate donations of old blankets. Or offer your bits and pieces for free on a recycling site like Freecycle or OzRecycle and reduce landfill waste.
Put your newfound cash to good use
No matter whether you make $60 or $6,000 selling your unwanted items, put the cash to work. Use it to complete a few home improvements, fix up anything needing repair or give your place a makeover with some fresh accessories, a splash of paint or new plants for the garden. It all adds to your home’s value.
If you’re looking for other savvy money saving tricks, check out our five ways to save post for more.
Do you have a different tip for how to get the most out of your pre-loved goodies? Share it with us in the comments below.