How Decluttering Helps Me Make And Save At Least $500 A Year

By Cameron Huddleston
GOBankingRates.com

WWR Article Summary (tl;dr) Columnist Cameron Huddleston has some great tips on how to make money from getting rid of unwanted items in your home. The best part is that these days, it is really simple to do so online. Between ebay, craigslist and sites such as “ThredUp”, you can avoid a trip to your local consignment store.

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You probably already know that decluttering can help you create a happier and cleaner home. Not to mention, it can help you feel better psychologically. However, perhaps one of the biggest benefits of decluttering your home is the fact it can save and make you a lot of money.

Every year, I cash in on items my family no longer wants by selling them or donating them and claiming a tax deduction. And there are a few other financial benefits that are harder to attach a dollar amount to. Here’s how you can make and save money by decluttering.

I CASH IN ON UNWANTED ITEMS
When the seasons change and I have to pull clothing out of storage, and put some away, I do an edit of my wardrobe. If there are items I haven’t worn in a year or two and still are in good condition, I set them aside to sell.

I go through the garage and other closets in my house at least once a year to see if there are items that have been collecting dust and to which I no longer feel an attachment. Those things are also sold.

You can sell your unwanted items through local consignment stores. I get 50 percent to 60 percent of the sales price, which means I’m not necessarily making as much money as I could. But I don’t have to do any of the legwork to sell them, which is important to me because I don’t have a lot of spare time as a journalist and mom of three.

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