Personal Finance Spending & Saving


  • Economy & Politics
  • Investing
  • Personal Finance
  • Related Posts

    Seven Tax Tricks For Homeowners
    25 Best Places To Retire In 2015
    QLACs: A New Tool For Retirement Income
    PepsiCo Beats Analysts’ Expectations In Q3
    Financial Guru Suze Orman Is Completely Wrong About This Retirement Myth
    The Best Place To Die
    My Debt Snowball Beats The Pants Off Your Debt Avalanche
    How To Draw Down Your Retirement Savings
    Beware Of New Smart Chip Credit Card Scams
    Use Reverse Mortgage For Long-term Care Or Insurance?
    High Yield, Future Tension? Three Themes Macro Investors Need To Be Tracking
    Why Baby Boomers Should Convert To A Roth IRA
    Does That New Credit Card Chip Really Protect You?
    Holiday Shopping Season Forecast: Consumers Fight For Deals
    Global Regulators Finalize New Capital Rule For Big Insurers

    Sell Your Yard Sale

    Springtime is here, and it is an ideal time to clean up and de-clutter your house by getting rid of items that you no longer use. And if you’re savvy, you can make small gains in getting your financial house in order in the process.

    Having a yard sale is one of the best ways to get rid of items you no longer benefit from having lying around while socking away a little extra cash for the summer in the process. But throwing all of your junk in the yard and putting up a couple of cardboard signs out isn’t going to yield you the best results. In order to guarantee that that one man’s trash really does become another’s treasure to your economic benefit, take the following advice.

    Pre-game the yard sale. As you get together the goods that you plan to sell, you may realize that you have some more valuable items or rare items that could do better in a different marketplace. Begin inventorying your yard sale items far enough in advance to list things like electronics, antiques and rare or possibly collectible items on Craigslist, eBay and other online marketplaces where you reach a broader base of possible consumers. If you don’t sell them online (where they will likely fetch a higher price), you will have a second chance to get rid of them on the big day.

    Pick the right day. Weekends are a good time for yard sales, but be sure to check that there aren’t any local events occurring that would compete with your sale. And while it may seem counterintuitive, having the yard sale on a day when others are occurring is a good idea, as people often make a day of “yard saleing.” Another thing to consider is that many elderly people and others on fixed incomes get checks at the end of the month and, thus, have extra money to spend.

    Advertise. Place ads in local newspapers and community shopper guides, and don’t be afraid to spend a little extra on a bigger ad that is more likely to stand out. Also, you should take advantage of free online classifieds, community forums and your social networks.

    Make it pretty. The items you’re selling may be old… to you. But there are people out there who are likely looking for specific items that you have for sale. Clean up things and organize them neatly for your sale.

    Price for profit. Keep in mind, your stuff isn’t brand new. Just because you paid $250 for your old microwave doesn’t mean years of popcorn popping hasn’t diminished its value to $50 or even $25. The trick to yard sale pricing is to be on the high end of reasonable, making clear that you are willing to barter. If you are no good at selling and bartering, perhaps you can coax a friend who is a professional salesman or just a little more boisterous than you into helping out.

    Be easy to find. Put up signs for miles around, advertising your yard sale and including your address or directional arrows. Don’t forget the address; many people have a smartphone or a navigational device that they may wish to use to locate your sale.

    Discuss this Story:

    Comment Policy: We encourage open discussion. Comments including racist statements, profanity, name calling or spam will be removed at our discretion. We use filters for spam protection. If your comment does not appear it is likely because it violates the policy.

    Drug Shortages, Price Gouging, And Our Broken Health Care System
    Four Must-Know Social Security Facts
    5 Most Costly Investment Mistakes
    Should Small Business Owners Stay Out Of The Stock Market?
    Pssst! You Don’t Need A 20 Percent Down Payment To Buy A Home
    Is Obamacare Working? This Report Card Says It’s Failing
    5 Ways To Get A College Education Without Amassing A Lot Of Debt
    Your Next Item Of Clothing Should Be So Expensive It Hurts
    Primark’s $1.60 Tops Are The Final Frontier Of The Clothing Price War
    Soylent Has A Dream: To Be The Red Bull Of Video Gaming
    Obamacare Isn’t Spurring Earlier Retirement…..Yet
    Why Rental Housing Is In Danger Of Collapsing
    Crocodile Tears From Mortgage Lenders
    How The Carl Icahn Report Legitimizes Donald Trump’s Tax Plan
    The Cheaper Your Running Shoes, The More Satisfied You’ll Be With Your Run
    New U.S. Credit Cards Are About To Make Tipping A Lot More Awkward
    Can Y Combinator Find Its Next ‘Unicorn’ In A Hardware Startup?
    This Is Where Big Ideas Come From
    The 10 Mental Skills Necessary To Become A Strategic Visionary
    7 Horrible Thoughts That Hinder Success
    5 Tips For Beating The Odds When Crowdfunding
    Step Aside Detroit: There Is A New “Worst” City For Housing In The U.S.
    The Way You Use Your Credit Card Is About To Change
    Four Ways To Rebound Your Retirement After A Market Correction
    Attention, New Teachers: Don’t Count On Your Pension To Fund Your Retirement
    What You Don’t Know About Social Security Can Hurt You
    Lending Club Responds To Treasury Dep’t Request For Information
    EMV Credit Card Day’s Oct. 1 And We’re Not Ready
    Carl Icahn Is Right On Taxes, Experts Say
    Innovator: PillPack Tames Multiple Prescriptions
    Read more from Personal Finance...

    Liberty Investor Digest

    Get today's most important
    financial headlines all in
    one place by email!



    Sign Up For Liberty Investor Digest™!

    Get Liberty Investor Digest FREE By Email!

    Input your name and email address in the fields below and get today's most important financial headlines sent straight to you inbox!

    Privacy PolicyYou can opt-out at any time. We protect your information like a mother hen. We will not sell or rent your email address to anyone for any reason.