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How to Make Money By Selling Your Stuff

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We told you that we’re getting ready for a big adventure forward. We told you that we are selling everything and moving ourselves across America. And you wanted to know: how do we make money off our unwanted stuff?

Let’s skip to the end of the story right away: things that don’t sell or aren’t worth selling get hauled to the Goodwill. Everything else? We make an attempt at earning some cash.

So how do we do it? It takes some work, but it’s not impossible. Here’ how. But first, know this: you have to plan ahead. Unless you’re going to just have a massive yard sale and then donate everything you can’t offload, selling stuff takes time. So start now. Yes, now. There are a ton of links to options below.

How to Make Money Off Your Stuff

Decide what’s worth selling. Selling stuff takes time – sometimes lots of it. The first step to selling your stuff is figuring out what is worth your time to sell. This was a hard time for me. I sorted through several bins of books and identified ones to sell, only to discover that the majority of them go for somewhere around $1 on Half.com. That’s not even worth driving to the post office for.

Decide what to sell online or at local consignment stores — and what to save for a yard sale. My rule of thumb for this is pretty simple: big items and big-ticket items get listed online first. If they don’t sell, they’ll get place in my upcoming yard sale. That means I’ve got my older DSLR camera and lenses listed online, our piano, and a few speciality child items.

Selling non-clothing stuff online?

Ebay. This is where I sell big-ticket items that can ship. After all these years, it’s still the best not-just-local option.

Craigslist and Facebook Marketplace. If you want to put-up with the potential haggling, low-balling and no-shows and have a little time on your hands, Criagslist and Facebook Marketplace really are your best options for selling tangible goods online.

Selling clothes, toys and accessories

Local consignment group sales. These are generally for childrens’ items. You price each of your items and the sale host gets a percentage of your sales. For example, the sale I use in our town takes a 30 percent cut. This is a great way to sell clothing, shoes, gear and toys that I know I can get a good price for. It does take a little effort to register and label everything, but every year I’ve done this the payout has covered what I spend at the sale on new-to-me things. These sales are how I buy all of my kids’ clothes for the upcoming season as well as most of their birthday gifts and Christmas gifts. You can find sales near you advertised locally.

Clothes Mentor or Once Upon a Child. These brick and mortar store allow you to bring in your used adult (for Clothes Mentor) and children’s (for Once Upon a Child) clothing, accessories and toys and receive cash upfront. They sort through your stuff and decide what to take and what to give back. The payout isn’t huge, but if these are items you couldn’t sell at  a consignment sale, for example, or were planning to donate for lack of other options, this is a pretty good method for getting some cash. I recently took a pile of items to Clothes Mentor. They gave me almost $8 for several scarves and a few tops I don’t wear often.

This is the pile of clothes I took into Clothes Mentor. I came back out with about 1/3 of them.
This is the pile of clothes I took into Clothes Mentor. I came back out with about 1/3 of them.

Local all-stuff consignment store. This is an extra handy-option if you’re military. Most military bases have a thrift store, and most thrift stores sell consignment options. If you’ve got military orders on hand, those stores will let you list more items than they normally take. Score. They do have standards of what they will take, so I only haul in the things that I’m sure they’ll let me list. Make sure you take a self-address envelope so they can send you your earnings.

ThredUP: ThredUP allows you to send in your clothes in hopes that they decide to accept them and give you money. This works great IF they decide to accept your stuff. You can send them your items (for free) and pay about $12 for them to send them back — or opt to have them donate. I sold two pairs of Old Navy jeans, one pair of Gap jeans, one Old Navy skirt and one Gap skirt and was given about $8.50 — all items that were rejected by Clothes Mentor.

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However, I also sent in a gorgeous Ann Taylor cocktail dress that was too big for me that they ended up not accepting — and since I opted to not pay $12 to have them send it back, it was donated. I was very surprised by this because I thought for sure that they would pass on the jeans (items I was going to take to Goodwill but sent in on a whim) and expected at least $10 for the dress. Bummer.

Go here to sign-up for ThredUP.

PoshMarkI’ve been surprised by my PoshMark success. I’ve used it to sell four items in just the last week — all name brands (Reebok, Mavi, Lululemon and Athleta) and all items that I didn’t know how else I was going to get enough money out of to make it worth it.

The thing I especially like about PoshMark is that, much like an in-person consignment sale, they let me set my own price — and then take a cut. I had already tried to sell a few of these items on Ebay without success, so I was good with getting what I could out of most of it. A few of the other items I manage to sell at what I paid for them.

The service also makes shipping super simple — print out the prepaid label, slap it on a box, stick it in your mailbox or drop it at the post office. Incredibly easy. Also, I know we said we are purging, but I was able to use PoshMark to buy replacements for a few very-worn work dresses. Score! Go here to download the app for PoshMark (and use code AMYBUSHATZ to get $10 off your first order if you decide to buy not sell).

 

This post contains some referral links. Sign-up through them, and I might make some coin. I like that, so help a girl out.

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An active and healthy 22-year-old, Craig Vaream was still living with his parents and getting ready for his first job out of college in 1991 when he started feeling off one day. The problem got worse over time -- he was extremely thirsty and couldnt keep up his energy while playing sports with friends. He went to the doctor and discovered that he had developed type 1 diabetes -- and his life changed forever.

Unlike type 2 diabetes which can be largely regulated by diet, Type 1 Diabetes occurs when your pancreas stops producing insulin correctly. Insulin is a hormone which allows your body to process sugar to produce energy. There is no cure, and it requires near constant monitoring to make sure your blood sugar is maintained correctly. 25 million people in the US have Type 1 Diabetes.

Like any chronic disease, learning how to manage it is a constant battle. It’s easy to think that it might limit you. But then for someone like Craig Vaream, there’s another option: proving that it doesnt have to be that way and heading outside to conquer big things anyway.

Episode 38: How Type 1 Diabetes Inspired Him to Move (Craig Vaream)

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