Turning Household Junk Into Cash

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Turning Household Junk Into Cash

Turning household trash into money is not as hard as you might think as there are now many ways in which you can do this. While you may look around your home and see nothing but clutter and junk, what you may actually be looking at is cold hard cash. Remember, that one person’s junk is another person’s joy and one person’s trash is another person’s treasure, so don’t be so quick to disqualify your clutter for junk.

Before you make money with the junk that is in and around your home, however, you must first have a game plan. What steps do you take to get rid of junk? You can use as many as you want, but what usually works best is to formulate a game plan that will include selling your junk online and offline. This can be done by making three different piles that you can work from, one for trash, one for selling online and one for selling offline.

The first pile you make will be all junk. This will only be for what is really junk and cannot be sold. Reserve this pile for broken items or items that are missing parts and pieces. However, don’t put things in this pile that you simply don’t use or like anymore. Just because you don’t need an old calculator anymore, doesn’t mean someone else doesn’t. This ‘pile of junk’ is the only one that you will move to the curb and you will not get money for, but it is an important pile to have because it will allow you to have more space for good things.

The second pile you create will be for things you can sell online. You can use online marketplaces like eBay, Amazon, Craigslist, and more, but the important thing is to know what to sell online and what not to sell. To help you determine this, look at some of the outlets you will be selling your items in as a guide.

Use the search bars on eBay, Amazon and Craigslist to see if there is a market for certain things you want to sell online. If it is installed in the stack ‘online’. If not, put it aside, you’ll end up coming back to it later. Now decide with which online outlet you want to sell and how much you want to pay for the end of online sales advertising.

Really, there is no advertising fee per say, but eBay and Amazon have what are called insertion fees and final value fees. These fees are typically very low, but they are not less fees that should be considered. Think of fees as an opportunity for your junk to be seen around the world. Usually the items that sell well on eBay and Amazon are those that are not too heavy for shipping reasons, items that can bring at least a few bucks, and items that are already selling on those sites.

Craigslist is perfect for items that you don’t mind getting to a worldwide market. Craigslist is also a free resource to use and you can advertise in your local area for free as long as you follow their listing guidelines.

Finally, it will be time for you to deal with all the things that did not make it into the trash pile or the online pile. This will be your offline stack. Your offline stack will consist of items that can’t be shipped easily or that you just don’t feel will sell well online. So, how do you turn this household junk into cash? One of the best ways is to have a garage sale.

Before you actually hold a garage sale, there are a few things you need to go through. The first is what days you keep. While garage sales are almost always held on weekends, you still need to decide whether you’re having a Saturday-only sale, a Sunday-only sale, or a combination of both days. It is also common these days to see some people holding garage sales on Friday, Saturday and Sunday.

The second consideration is where you live. Some states, counties and cities will require you to obtain a temporary permit to hold a garage sale and failure to do so may result in termination. An end will not only ruin your day, but also defeat the purpose of you trying to turn your junk house into money.

The last consideration is advertising. You can advertise your garage sale for free on Craigslist under the appropriate section and you can even pay a few bucks to have your garage sale advertised in your local newspaper. Also, you’ll want to put up signs around your neighborhood that will direct people to your garage sale.

Even though it’s called a garage sale, you won’t be selling items out of your garage. Instead, you need to get a couple of tables that you can put in your driveway and use to put all that junk in the offline pile. So you just have to sit and wait for people who saw your ads, or simply saw you pass by, to find your garage sale and sell your heart.

When all is said and done, your piles should be gone and you’ve raised some serious cash. You can either take the remains from the piles and repeat the process, or you can donate, but not just throw it away. If you decide to donate them, be sure to get a receipt, since you will be able to write off the donation in part or in full at tax time.

With all the ways to turn your house junk into money, there’s no need to always look in disgust at the clutter around your home. Instead, look around with dollar signs in your eyes and get to work.

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