Yahoo Finance 3 Ways To Save Money By Cleaning Out Your House
Living a simple and clutter-free life has its benefits, such as reducing waste and saving money by avoiding overconsumption. There’s also potential financial gain by giving your items a new home, offering them to someone who can use them.
Check Out: 6 Clothing Items Frugal People Keep for Many Years
Read Next: How To Get $340 Per Year in Cash Back on Gas and Other Things You Already Buy
Whether you’re looking for mental clarity, extra money, or both, these three options are the easiest ways to save money by cleaning out your house when paired with specific strategies.
Selling
Selling the items you no longer need in your home is a win-win situation since you can get rid of clutter and earn some extra cash. You won’t have to worry about paying for junk removal or going through the hassle of transporting your items if you can find someone local to come pick it up and pay you.
There’s also the option of selling items online through sites like eBay and Poshmark, the latter of which is an option for clothing.
Look around your house for items you no longer use but are still in good condition. This could be anything from clothing and electronics to furniture and kitchenware. Make a list of these items and note their condition and original purchase price.
Once you’ve identified your items, do a little research to see how much similar items are selling for online. Websites like eBay, Craigslist, and Facebook Marketplace are excellent resources for gauging prices. Knowing the market value will help you set a competitive price.
Learn More: 10 Things Frugal People Always Buy at Yard Sales To Save Money
Donating
For anything you don’t want to sell, consider donating it. Donating can save you money in a number of ways. If you are paying for a storage unit, you may be able to downsize that space or get rid of the unit altogether if you aren’t using the items in storage and choose to get rid of them.
You can also save by dropping your items off to donation centers like Goodwill in person, instead of having to pay someone to pick it up for you. Many charitable organizations accept a wide range of items, from clothing and furniture to electronics and toys. Plus, donations to qualified charities are tax-deductible, which can save you money come tax season.
Another benefit of donating is the positive impact it has on your community. Your gently used items can make a big difference in someone’s life, whether it’s providing clothing for a family in need or books for a local school. It’s a simple way to give back and make a positive impact.
Recycling
Not everything in your home will be suitable for selling or donating. Recycling is a great way to dispose of items you no longer need while being environmentally responsible. Some communities have curbside recycling programs that accept paper, cardboard, glass, and certain plastics. Some may also accept items like batteries, electronics, and appliances.
Also, check to see if buyback sites will purchase your old electronics since some may even buy damaged smartphones and laptops. Items that are broken, heavily worn, or unsafe should be thrown away. Look for free trash and recycling days in your area.
More From GOBankingRates
This article originally appeared on GOBankingRates.com: 3 Ways To Save Money By Cleaning Out Your House
