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Make Extra Money with Yard Sales

09.19.2011 by Jon the Saver //

Having a yard sale is the perfect way to get rid of things you don’t use and turn them into cash. Although the prospect of conducting a yard sale may seem a little daunting, it’s actually easier than you might think. The first caveat of a good yard sale is to have good quality merchandise. The second is that it needs to be priced attractively, and the third is that the merchandise should be displayed in a neat and orderly fashion.

Pick your items carefully

Clean out your basement, attic, garage and closets; keep items that are gently used but still serviceable as sellable items. Take items you don’t think you can sell to Goodwill or simply turn them into rags, work clothes, etc. Remember, if you wouldn’t want to wear it, someone else won’t want to buy it. Similarly, if an electrical appliance is past its useful life, it probably won’t bring much money unless someone has the exact appliance and needs parts.

Common sense pricing

When pricing your items, keep in mind that people are looking for bargains at yard sales so they don’t want to pay store prices. A good guideline is to not price an item at more than 40% of retail price. Since anything that doesn’t sell will have to be stored again, you want to sell as much of it as possible, so use your prices as guidelines, not hard and fast rules. When negotiating a price, ask yourself whether you would rather have the cash or continue to store the unused item.

In addition, all merchandise for sale should be clearly marked with the price. Items can be priced individually or they can be grouped on a rack or table by price. Pricing items individually may take a little extra time but it prevents buyers from swapping items on adjacent tables or racks. Consider getting an old pricing gun to make this less time consuming… I would look on eBay, or go to my local grocery store and ask if I can buy one from them.

Clean and organized

Another consideration is that the merchandise should be neat and clean. Even though clothing may be out of style, people may still buy it as long as the item is clean and in reasonably good condition. A clean and unwrinkled shirt, for example, will bring a higher price than a similar shirt that is wadded up on a table and soiled. Additionally, tools that have been cleaned up and are not covered with dirt, oil and grease will be more likely to sell, as is furniture that has been dusted and polished.

Having a multi-family yard sale is an excellent way to attract more sales since prospective buyers will have more merchandise from which to select. Also, this reduces the advertising effort and expense because more families are sharing the work and the cost.

Advertising = cash

Advertise the yard sale on local street corners near the location of the sale and use heavy-duty, weatherproof poster board and waterproof, permanent marker. When making the signs, be sure to include the address, the date(s) and time, and that it is a multi-family sale. Use large, bold lettering to ensure that passers by can easily read the sign; stand thirty feet away from the finished sign and see if you can read it easily. If not, make another sign.

Posting on Craigslist and in the classified section of the local newspaper are excellent ways to attract more customers. Remember, the better your marketing efforts, the more people you’ll have to sell to.

Keep change on hand

Be sure to have plenty of cash on hand for making change. Dollar bills, quarters, nickels, dimes and pennies will be the method of exchange for your yard sale so make sure there are ample funds for making change. Some type of cash drawer will be necessary, whether it is a locking box or an old register, because you don’t want to see any of your hard-earned cash walking or blowing away.

Be patient

Be prepared for shoppers to arrive at least a couple of hours ahead of time for the day you have your yard sale. Many people make a day of yard-sale shopping and start very early in the morning; they may well arrive before the posted times.

Enjoy the interaction at your garage sale and look forward to the extra cash you’ll have in your wallet at the end of the day!

Categories // Earn Money Tags // extra cash, sales

How To Make [Earn] Extra Money

08.31.2011 by Matt Jabs //

Who couldn’t use an extra $1,000?

Getting out of debt happens faster when lower expenses are combined with making more money.  Historically we’ve written a lot about the former but less about the latter… it’s time to change that.  I mean, who couldn’t use an extra $1,000 right?

One month to $1,000 Challenge – 1M21K

First let’s cover a sweet new challenge created by an awesome friend of mine – Josh Gordon aka The NonConformist Pa – that will help you earn and extra $1,000 in one month, then I’ll share a few specific ways you can earn extra money.  Cool stuff.  Basically Josh created the 1M21K challenge to help motivate you to earn an extra $1,000 in just 30 days – with a full money back guarantee.  Sweet right!

Who is Josh?

Josh Gordon is an awesome new friend of mine who, like Betsy and I, left a life of corporate servitude to create a more meaningful life – on his terms.  Josh left a job making $60,000 annually to focus instead on helping himself and others lead nonconformist lives of passion, mission, and meaning.  He’s a great guy with a big heart and big ideas.

What is the challenge?

I’ll let Josh explain,

“The challenge begins September 1st, 2011 and costs only $67.  You get 10 hours of ridiculously practical audio material, 12 killer guides / mini-ebooks stuffed with practical, applicable tips, and 4 tele-seminars covering the questions and hurdles that we’ll inevitably face. And, you’ll be hearing from peeps like Dan Miller, Justin Lukasavige, Pierce Marrs, Deb Ingino, Matt Jabs, and more.”

That’s right, I’m one of the people in the challenge helping you earn extra money!  It’s going to be a blast.

Josh and I shot a video to introduce him and to further explain the challenge.  Watch the video then head on over to Josh’s website to learn the specifics of the challenge.

Like what you see?  Could you use some extra money?  Been looking for something to push you to action, and a group of like-minded individuals to help you along the way?  Good.  Head over to Josh’s website to join the 1M21K challenge so you can earn extra money, build key relationships, and hopefully help others along the way!

Ways to make [earn] extra money

Now let’s give you some money making ideas to use for the challenge, or just to use of your own accord.  Always remember to strive toward meaningful work you’re passionate about so you can enjoy what you’re doing and help others along the way.

Note: recent Census Bureau data shows that 26% of start-ups require zero capital and 36% require less than $5,000 – so even if you have no money starting your own business is always an option.

  1. Have a garage sale and sell your crap.
  2. Create your own art and or products and sell them on Etsy.com.
  3. Start a website/blog about something you’re passionate about and want to help others in and monetize it with your own products or with affiliate products.
  4. Tutor local children or adults in something you’re an expert in like music, art, social media, marketing, computer repair, etc.
  5. Make your own homemade cleaners and sell them to your community at places like your local food coops and farmer markets.
  6. Start a window cleaning business in your community… you’d be surprised how much you can make.
  7. Have a nice riding tractor and a trailer?  Mow lawns for your neighbors in your spare time.
  8. Start a handyman service and market to single mothers, there’s a lot of them out there who need your help!
  9. If you’re a very organized individual try starting a business aimed at helping wealthy women organize their homes, lives, and wares.
  10. Become a coach either in your local community, or on the Internet, as a way to help others and make extra money.
There, now you have 10 ideas to get you started… now go join Josh’s 1M21K challenge so he can meet his goal to help you earn an extra $1,000 in one month!

God bless.

****

Categories // Earn Money Tags // entrepreneur, extra cash, passion

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Disclaimer

Content on Debt Free Adventure is for entertainment purposes only. Rates & offers from advertisers shown on this website may change without notice: please visit referenced sites for current information. Per FTC guidelines, this website may be compensated by companies mentioned through advertising, affiliate programs or otherwise. We respect your privacy. Privacy policy.

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