Tips for Selling Your Stuff to Boost Your Income

In today’s economy, many households are feeling the pinch of high prices and inflation, with 84% of budgets being affected, according to a recent CNET Money survey. As a result, more and more people are turning to side hustles or part-time jobs to make ends meet. However, for those juggling multiple responsibilities like kids or a full-time job, finding the time and energy for an additional source of income can be challenging.

But fear not, there is a solution that doesn’t require leaving the comfort of your home. Bola Sokunbi, a certified financial education instructor and CNET Money Expert Review Board member, suggests selling your old stuff as a way to bring in extra money. By focusing on essentials like clothing, shoes, and accessories, you can declutter your home while earning a few hundred dollars a month.

Spring cleaning your home can help you identify items you no longer need, which can then be sold on second-hand websites like Facebook Marketplace, Mercari, or OfferUp. Laura Michelle Davis, a CNET Money editor, has already made over $1,000 by selling furniture and household items to cover moving expenses.

If online selling isn’t your style or you have a lot to sell, consider hosting a yard sale. You can advertise your sale online and in your neighborhood to attract buyers. Additionally, if you’re a creator, you can sell handmade items like baked goods at your yard sale for extra cash.

Sokunbi also recommends selling items to your local community, on social media platforms, or through sites like OfferUp, Poshmark, eBay, and Etsy. Before posting your items for sale, be sure to choose the appropriate platform and watch out for scams.

In a time where every dollar counts, selling your old stuff can provide some much-needed financial relief. So, if you’re looking to boost your income without taking on a traditional part-time job, consider decluttering your home and selling items you no longer need.