With the economy so tight, finding extra money can be tough. Your home, however, is likely filled with items that you don’t use and that you can sell for cash.
With the economy still coming out of its recession and personal incomes dropping at the highest rate in 10 years (as of January 2013), you may be going through some tough times right now. Well, if you need a little bit of extra cash, take a look at what you have in your home. If you don’t use an item, it’s just taking up space, and you might be surprised to know how much of that “clutter” in your home could be worth money in your pocket if you sell it.
If you have old electronics sitting around your place, you can probably get some decent money for them. Among the items for which you can potentially reap some cash are the following:
- Old video game systems
- Stereos/boom boxes/MP3 players
- Television sets
Americans generally hold onto their old electronics, thinking that they’re probably not worth much. However, these items have precious metals (such as silver) in their motherboards that make them valuable even if they’re no longer working.
So go through your home and grab every electronic device you don’t use anymore. Then do an Internet search for “sell old electronics” and you’ll find both local and online options for selling the items, many of them offering free quotes on what they’ll pay you. You may find a dozen different old items in your home, for which you could easily fetch several hundred dollars.
You can also get some cash for media items such as the following:
- VHS tapes
- Video games
- Vinyl records
As they do with old electronics, people tend to hold on to their old media items. For a while it made sense, because as new digital forms of entertainment appeared, there seemed to be no market for “obsolete” media.
That’s changed, however, in the last few years. Older media has become “retro” and therefore desirable again, with people playing old video games, buying turntables to listen to records, and even collecting VHS copies of films that have never been released digitally. This trend means you can sell any of the aforementioned items at local stores and even more easily online.
For music and movie media, try looking up your local “indie” record store or nostalgia store. Books can be sold to used bookstores in your area. VHS tapes are better sold online through auction or collector websites (most wanted are Disney movies and rare, obscure works). The best option for video games remains selling them to any video game store.
While you won’t get what you originally paid for these items, you can still rake in more than a few bucks.
Got old furniture taking up substantial space in your residence? You can get rid of it in exchange for some substantial cash. Consider selling items such as these:
- Baby furniture
Most people either try to dispose of their old furniture through a garage sale or, even worse, just leave it for the trash collector. That’s a real shame because vintage and specialty furniture stores often will pay good money for old furniture, which they can fix up and sell all over again.
So before you go ahead and dump your old furniture, check out local used furniture stores. Baby cribs and older wooden tables are the most desired items, but sofas and chairs can often be worth something as well. Many stores will allow you to take pictures of the furniture and send it to them for appraisal, allowing you to determine whether it’s worth renting a truck or borrowing a pickup to bring the furniture over to them.
Last but not least, you can bring in some bucks for your old clothing, including these items:
- Baby clothing
When most people get rid of clothing, they simply donate it to a local Goodwill or other charity. But have you ever thought about where vintage clothing stores get their supply? That’s right — they scour local charity shops and pay the charities for the clothes they want. Why not have them pay you instead?
Find your local vintage store, drop by and let them check through your bags of clothes. Whatever they pay you is money you wouldn’t have gotten if you’d simply donated the clothes. And of course, after they’ve scoured your items, whatever’s left you can still drop off for charity.
Spring is traditionally the time of year when people get rid of things that don’t serve their needs anymore. When you do your spring-cleaning and take home some cash as well, it’s a win for both your psychological well-being and your bank account.