Most of us try, to the best of our abilities, to have some kind of savings account or emergency fund to cushion the way for emergencies and unexpected expenses. However, sometimes, especially after the pandemic has stressed the economy and inflation has skyrocketed, putting aside extra money is difficult, and money problems persist. As a result, you may need to find a way to make money quickly.
Designer Handbags, Shoes, and Clothing
If you bought yourself some nice designer shoes, handbags, or clothing that you don’t wear but don’t want to give away to Goodwill because of your investment, consider consigning them to sites that resell these specialty designer items. Any legitimate reseller, such as Fashionphile, The Real Real, or Yoogi’s Closet, will authenticate your items before selling them, according to Clever Girl Finance.
Jewelry made of high-quality, in-demand metals such as solid gold, platinum, silver, and precious gems may be worth money. CashforGoldUSA and Worthy, according to Wealthy Single Mommy, will buy gold jewellery and diamonds, respectively. According to My Jewelry Repair, some vintage costume jewellery may be worth something if made by certain designers. The only way to know for sure if it’s valuable is to take it to a jewellery professional for evaluation, though you can do some preliminary research online.
Good Condition Used Electronics
According to FinanceBuzz, the average household has around $264 in unused electronics that could be resold for cash. Computers, mobile phones, video game systems, e-readers, and wearable technology are just a few examples. DeCluttr, Best Buy, and Facebook Marketplace are some places that buy these items back.
If you’ve ever collected anything, such as stamps, action figures, sporting goods, comic books, or other items, you may be sitting on something worth more than its market value, which is what Simplified Blogs defines as a collectible. It suggests that instead of going to buyers to sell your collectibles, you should set up your own online shop or website and attract potential buyers to you. However, you can always reach out to online buyers or communities dedicated to the specific collectible you’re attempting to sell.
If you have good quality furniture, or even antique furniture, you might be able to sell it online and make some money. Of course, you’ll want to make sure it’s in good shape first, or consider refurbishing it. According to Forbes, when you do list it for sale, take good, clear photos and write up a clear and accurate description. Then you can try your luck on sites like Bonanza, Chairish, Craigslist, OfferUp, and others.
Instruments of Music
Maybe you’ve finally accepted that you’ll never pick up your childhood saxophone again, or maybe your electric guitar habit is costing you money and space. Whatever your motivation, there are usually buyers interested in high-quality musical instruments and equipment. As with any used item, you should clean and repair any damage or dirt and ensure the items are in good condition. Then, according to CareersinMusic.com, conduct some market research to determine the going price for your items. You may not make a sale if you overprice. Take good photos and list your items on online marketplaces such as eBay, Craigslist, Reverb, or Sweetwater.
Memorabilia from Sports
Many people keep sports memorabilia, such as signed balls, mitts, cards, and other items, similar to collectibles. According to AskMoney.com, the sports memorabilia industry is apparently multibillion-dollar, so you might be able to make some money. The value of these items will be determined by iconic players, the item’s condition, rarity, age, and authentication.
Perhaps you have a beautiful set of silverware from your mother or grandmother that requires a lot of effort to keep polished, and you’re ready to part with it. Or silver candlesticks, or something else. You should consider selling these items because silver resells for about $18.75 per ounce as of July 28, 2022, according to Wealthy Single Mommy. Silver can be sold at CashForSilverUSA, Kitco, pawn shops, and silver exchanges, among other places.