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Will scrimping and saving make you rich?
No, but it can help you gain financial stability and support your goals.
One simple saving technique is selling things you no longer use.
While some are more profitable than others, they can all help support your financial goals.
Clothes
Clothing was the most commonly purchased secondhand good in 2024.
That also means the value ofquality secondhand clothesis going up.
Instead of donating or throwing away clothing items you dont wear anymore, why not sell them?
Used Cars
The average American household has at least two cars.
Downsizing your vehicles can be tough, especially if multiple people work outside of the home.
The average selling price for a used car is over $30,000 in most states.
Baby clothes, cribs, strollers and car seats are all popular items on online marketplaces.
According to reporting byFurniture Bank, thats just the average cost to furnish a one-bedroom apartment.
With those high prices, its no wonder theres a profitable market for used furniture.
Consider selling any furniture items in your home you dont regularly use.
That could include guest beds, old dressers, chairs or decor such as rugs and wall art.
Trends come and go quickly in the electronics world, but older items still have value.
This is especially true if you own vintage tech a single Nintendo Gameboy now sells for over $60.
Have old electronics that no longer work?
you might still sell them or trade them in on sites like Decluttr.
You dont need a separate home on your property to start a vacation rental.
If you haveenough open spaceon your property, you could even set up a campground.
Online marketplaces have made it easier forbuyers and sellersto connect, negotiate and safely exchange goods.
Wherever you choose to sell, be sure to take precautions.
Choose public locations to meet online buyers and always bring a friend or family member with you.
Another tip: Dont accept the first offer you receive.
Research the value of your item and keep your listing up until you could sell for the right price.
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