Selling Your Stuff for Cash with Yard Sales, Craigslist and eBay

Listen Money Matters - Free your inner financial badass. All the stuff you should know about personal finance. - A podcast by ListenMoneyMatters.com | Andrew Fiebert and Matt Giovanisci

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Most of us have homes full of stuff we never use.  It’s taking up space both mental and physical and chances are, it is how you got into debt in the first place.  We’ll show you how to reduce that debt and your clutter by selling your stuff. Take an inventory of what you plan to sell before deciding how to sell it.  Small household goods, children’s items, books, furniture.  These things will do well at a yard sale.  Very expensive items are better suited to eBay.  Not many people are going to bring $800 cash to buy a giant mixing board.  Items that are too big to be carted away in a car but too heavy to drag to the post office to ship for eBay, will do better on Craig’s List. If you have mostly yard sale goods, check with your neighbors.  Perhaps you can all do your sale at the same time which will bring more people to all the sales.  Also check with your local town.  Some have a town wide sale that you can join for free, while the town takes care of the advertising. Craig’s List can be frustrating.  There is a lot of back and forth with would-be buyers, some people tell you they want to buy your item, arrange a time to collect it, and then flake out.  Craig’s List is a good option for certain items but you will need a bit of patience. If the last time you listed something on eBay was ten years ago, things have changed.  The process has been streamlined and is much simpler for sellers to post items.  You do have the hassle of shipping but the buyer’s are more reliable than Craig’s List buyers and you can coordinate your sales so you can just ship everything in one trip to the post office.  [tweet this”You dug your debt ditch with all this crappy stuff.’} Free your self of all that stuff weighing you down.  You’ll feel better and be able to put the money you made toward paying off some debt or adding to your investments. Show Notes Ommegang Abbey Ale:  A rich, fruity beer. One Village Coffee:  Matt’s favorite coffee. Learn more about your ad choices. Visit megaphone.fm/adchoices

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