If I was selling my stuff to pay off debt…

At this point in my financial journey, selling my stuff is more of a “feel good” activity.  It’s a type of cleansing to make up for past consumer sins and it feels less wasteful from an environmental standpoint. Using the Marie Kondo method is surprisingly effective, forcing yourself to “touch” every item makes it easier to figure out what you do NOT need cluttering your life.

If I needed to pay down debt, getting rid of my stuff would be more of a “do or die” situation.  I would make EVERY SINGLE effort to get my crap sold at the highest price possible.

Here’s how I went about my last round of selling off my stuff:

  1. eBay: As you identify things that need to be sold, start selling before you have your garage sale planned. If the items are easily shipped and you see other similar items have sold for a reasonable price on eBay, go that direction.  Be careful with shipping costs. 
  2. Craigslist or Facebook Market Place: If it’s not a great item to ship, ask yourself if you’re willing to meet someone to sell it on Craigslist or Facebook Market Place.  Traditionally, my price point is $15.  I’m not going to sit in a parking lot and wait for someone unless it was for $15 or more.  I don’t have endless amounts of time, if I did, the number would be more like $5-10.  I also refuse to drive across town to meet someone.  Again, it’s all about how badly you need the money.  Check your local police station for monitored, safe meeting spots.
  3. Garage Sale: Now that you’ve tried other avenues and failed.  It’s time for the garage sale.  At this point, you should know how much each item is worth since you were unable to get those prices online.  Mark it low if you don’t plan on relisting it online again.  The goal at this point is to purge and squeeze every last quarter out of your shoppers. 
  4. Consignment Stores: Whatever I have leftover from the garage sale goes to a consignment store. The only options I have in Omaha are kids toys/clothes and women’s clothing and accessories.  Some days I’m surprised by how much they offer me and sometimes I’m surprised by how little they offer me.
  5. Friend: If you have some nicer items that you think a friend might enjoy please share it with them. You can say, “I have a few things I’m about to get rid of, would you like to look through them and then take them to the Goodwill. No pressure, don’t take it if you don’t need or want it.”
  6. Goodwill: If I’m not aggressively trying to make money, my last stop is the goodwill.  Goodbye clutter! Otherwise, I cycle through steps 1-4 on repeat until they’e sold.
Selling my kids’ crap, sparks joy!

This Post Has 2 Comments

  1. Yes! This is it for me, time is greater than money 👌

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