No matter what lifestyle you lead, sometimes money can get tight. This has become even more evident over the past year. Since the coronavirus bear market bottomed out in March of 2020, the SandP 500 index has skyrocketed by over 75%. While stocks might be doing well, many average Americans are still feeling the pain. When you’re strapped for cash and need some in a pinch, you might be wondering where you can turn. Fortunately, there are loads of great options to help you get the money you need in a jiffy.
How Selling Your Used Items Can Get You Cash Fast
Everyone has used items lying around their house that they seldom use. These items can be turned into quick cash when you need some extra money. Here are four ways you can capitalize on the items you no longer need.
1. Hold a Yard Sale
A yard sale is a great way to clear out the things you are no longer using without the need to haul them to a pawn shop or post office. Holding a yard sale can also allow you to put out a lot of stuff at once and give you a larger chance of selling even the most random of trinkets. Have an old VHS collection of every Star Trek film? There might be a neighbor willing to pay a couple of bucks to add them to their collection. Little things like this can add up and before you know it you’ll have a nice amount saved up for whatever you need.
2. Put an Ad on Craigslist or the Facebook Marketplace
Craigslist can be a great online way to list your used items to a local audience. Similarly, the Facebook marketplace is also becoming increasingly popular for listing used items to your neighbors and local residents. Both of these options can help you list what you’re no longer using and, in some cases, you won’t even need to mail the items if a local buyer is willing to pick them up.
3. List on eBay
The beauty of sites like eBay is that you can reach a wide audience of potential buyers, provided you’re willing to ship your used items. Around 90% of searchers start looking for things they need without having made up their minds about a brand. This gives you the opportunity to market to the undecided and gain more potential bids and buyers. While eBay does take a percentage of the profits, this is often offset by the ability to sell to a larger base and list a greater number of items.
4. A Pawnshop or Resale Stores
Pawnshops are another way to sell unwanted items for quick cash or pawn them as a loan to pay back for the return of your property. The average price of the most commonly pawned items includes diamond rings fetching around $446 and Macbook Pros averaging $248. Resale shops that purchase home goods or clothing can also be an option to consider, especially if you have a lot of kitchen appliances or clothing that you rarely use. While the amount of money these shops can offer won’t be exuberant, it is often enough to give you the bit of cash that you need. Furthermore, shops like this can be a great way to recycle used items in good condition without throwing them in the trash.
Cash When You Need It
These options are all great ways to help you make cash fast when you need it most. If you have a lot of used items lying around your home that you’re seldom using, consider how they can benefit your wallet and start thinking about which way to sell would work best for you.
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