Show Me the Money: Your Guide to Making a Quick Buck
Did you know that 45% of Americans have a second job? Or that these “side jobs” earn them a monthly average of $1,122?
That’s right!
Despite that, around one in three of these side hustlers say they still struggle to make ends meet.
If you’re one of these folks, waiting for your next paycheck may not be an option. You may try applying for a loan, but having poor credit may get you denied. In fact, that’s the reason lenders denied almost a third of loan applications in 2017.
What you can do instead is learn what to sell to make money immediately. Your home could be a treasure trove of quick cash resources, which you can liquidate right away.
Ready to know all about how to earn money quickly by selling some of your stuff? Then read on, as we’ve compiled this list of “bestsellers” you can put up for sale!
Old, Outdated, or Broken Electronic Gadgets
A third of U.S. households own at least three smartphones and 23% have at least three desktop computers. Three or more tablets are also present in almost one in five of the nation’s homes. Moreover, having seven screens is now the norm for average households.
That said, if you desperately need money, it’s time to sell some of these things you don’t use that much. Don’t worry, as there’s a booming market for pre-owned electronics. More people now by used cellphones, computers, and video games, what with the savings they can get.
You can also recycle outdated or non-working electronics and get some cash in return. These include screens with cracks and even dead mobile phones.
Recycling facilities will be glad to take these unwanted gadgets off your hands and pay you in cash.
Your Junk Car
More than 90% of a vehicle is recoverable, recyclable, or reusable. Some of them are either sold and used as is (without repairs), while others go into remanufacturing. Many others, like tires, batteries, glass, and metal, go through recycling and repurposing.
This should tell you that no matter how old or rusty a car is, it still holds a lot of value. As such, selling a junk car is one of the best ways on how to earn extra money fast. The steel content of your junk car alone may already net you a few hundred bucks.
Scrappers, cash for car buyers, and even hobbyists buy junk cars and their valuable parts. Spare a few hours on research so you can compare their offers to get the best deal. Be sure to check for if they’ll collect your car for free too, so you don’t have to pay a tow service.
Pre-Loved Clothes
Even if you don’t own designer clothes or shoes, you can still earn extra cash with used clothes. Like used gadgets, thrift items are also hot, with big department stores now even having them on offer! This means more people now prefer buying used clothes, so you’re likely to find buyers for your own stuff.
Reading Materials
Over half of adults in the US and the UK choose to buy more second-hand books than new ones. Many prefer this to save money, while others are simply bibliophiles who love the “old book smell”.
So, if you have books lying around at home that you’re unlikely to reread, it’s time to put them up for sale. Be it novels, comics, or textbooks, you’re sure to find someone who’ll want to buy them from you.
Sporting Goods
Americans spend $47 billion every year on sporting goods alone. These include exercise equipment, footwear, sportswear, and other sports merch.
But no, that figure doesn’t include bicycles and other recreational transportation gear. Meaning, the market is even bigger if you throw in bikes, snowmobiles, and skateboards!
So, why not offer these folks cheaper alternatives by selling your used sports gear? The savings — and exercise they can get — may further motivate them to stick to their health regimen.
Hand and Power Tools
The DIY game in the U.S. is strong, accounting for almost two in five home improvement projects in 2018. Huge savings, after all, await those who choose to DIY, with some projects saving homeowners up to $22,000!
But to even start a DIY project, one needs access to a variety of tools and equipment. The basics include screwdrivers, wrenches, pliers, wire cutters, saws, hammers, and nail guns. Advanced DIYers also need power tools like electric drills/saws and impact drivers.
If you have any of these that you don’t use anymore, it’s time to clear out your garage. However, be sure to test them out first to confirm that they’re still working. Clean and grease them up a bit for a photo op so you can get more views with your ads and potential buyers.
Don’t Forget to Take Advantage of Beverage Container Deposit Laws
10 states, plus Guam, have beverage container deposit laws, also known as “bottle bills”. The primary goal of these laws is to reduce trash by recycling containers. Depending on your state, you can get anywhere from 2 to 15 cents per container you recycle.
Use This Guide on What to Sell to Make Money Now
There you have it, everything you need to know about what to sell to make money ASAP. From pre-loved clothes to electronics to tools, you have a lot of stuff in your home that you can turn into quick cash. Your home is a gold mine, so it’s best you start unearthing these things now to make that extra money!
Ready for more tips that can help give you a healthier bank balance? Then be sure to check out the rest of the posts filed under our site’s Finance and Money section!