Would you like an extra £500? Of course you would. This post will show you how to get it.
How much stuff is in your house right now? If it’s more than you can wrap your head around, it’s time to sell, sell, sell! Yes, everything you don’t use, you should sell. Why? Because it’s going to get sold anyway. Either in a few years once the value has all but gone away. Or when your kids do it. So… you may as well get to selling now!
Yes, I believe you have an extra £500 lying around. It’s time to sell!
What you may be thinking is that it’s a hassle to sell. It kind of is. To keep yourself from procrastinating, don’t focus on making the absolute most for your money. Instead of spending hours learning the best methods of selling, use whatever will get you results. Often, perfect is the enemy of good. So do whatever’s easiest in order to move your goods. Plus, the faster you do this, the less they will depreciate.
Personally, local sales are the easiest for me. You needn’t worry about shipping. You needn’t worry about forms of payment, etc. Instead, just post a local ad and have the buyer pay with cash.
How to Round up £500 Worth of Stuff
At first, you may find this difficult. You may only find £20 worth of stuff you don’t want. But once you get the ball rolling, you may sell your kids. It’s addicting! The finding, the cleaning, the selling… for many people, they love it after they get started. There is something freeing about having fewer things. It almost seems like the world is opening up again. You may feel like a child. It’s a gleeful feeling.
What you first want to do is walk throughout your living space. Find anything you’ve got a long period (a month) without using. Look for things like electronic devices, cooking utensils, gifts, etc. An easy rule is that if you have to dust it between uses, you should probably get rid of it. Our favorite possessions are the ones we use often. That’s just how it works.
Make three piles in the biggest room of your house. By doing this is your biggest room, you can keep yourself accountable. If you do this in a closet, it’ll be too easy to close the door on this project.
Make three piles. The first pile are things you will sell. You want this pile to be as large as possible. But make sure not to attempt to sell things which have little value. These often take just as much time as the big ticket items. Ask yourself, “Is it really worth my time and energy to sell a £5 video game? Probably not. Moving on.
Your next pile is your gifting pile. Everything is this pile goes to people you know who want the items. DO NOT give it to someone just to get rid of it. They’ll probably know that’s what you’re doing. Also, why burden someone else? Only gift items which you know the recipient would like.
A third pile should be called the charity pile. It’s not a very glamorous name, I know. This pile should hold everything that still has value. But the things are not valuable to you or your friends or the marketplace in general. But someone would still enjoy having them. These are items like coats, shoes, bedding, etc.
The final pile is the throwaway pile. These are things that have no value left for society. Either toss these items or, preferably, recycle them. Be sure to know what can be tossed and what can be recycled. There are laws against throwing away non recyclable items.
Make Sure Every Space Is Tidy
You job is not complete until a space is tidy. Because if the space isn’t tidy, you don’t know that you’ve gotten everything. To be sure I’ve cleaned out all I can, I like to actually clean the space. I dust, I disinfect, I vacuum, I tidy. This will give you a great sense of pride as well. That will keep you from cluttering it back up in the future.
Sell, sell, sell!
Enjoy the process of selling! A good sale leaves both parties satisfied. Make sure to get the right amount without going overboard. Check online to make sure an offer is good enough to accept. Accepting cash is typically the easiest form of payment. I’ve only accepted a paper check on a few occasions. But I kept the asset until the check cleared.
What will you begin selling? What I need to do now is start selling my items. I don’t have many to sell but I don’t want them to pile up. I have probably four or five things that’ll get listed today. Wish me luck.
Now go get your money! Money > Things
Will Lipovsky is a personal finance freelance writer and internet marketer. His most embarrassing moment has been saying to a Microsoft executive, “I’ll just Google it.” You can get in touch with Will at FirstQuarterFinance.com.