Living Cheaply: Make Money From Your Junk
First Coast News
JACKSONVILLE, FL -- If you're strapped for cash and you're
looking for ways to make a few bucks, the money may already be
in your home.
You may not recognize it because it looks like junk.
Experts estimate that each year, Americans spend $4.5 billion
dollars on junk at yard and garage sales. That doesn't include
online sales on sites like eBay.
Mike Hollis' iSOLD it is an eBay drop off store.
"Just treat us like an online consignment shop," said Hollis.
His company will list your stuff on eBay, manage the auction,
accept payment and ship the item to the highest bidder.
If you're looking for cash, Hollis will tell you to survey
your hobbies. There could be cash, there.
"Musical equipment, right of the bat does real well. Camera
equipment does very well - people upgrade. Anytime you're
going to upgrade any sort of hobby or system, electronics or
home stereo systems... speakers,” said Hollis.
That's just the beginning. A recent study conducted by eBay
found that the average family has thousands of dollars worth
of unused stuff.
Handbags are a great example.
In the average American home, there are four unused, designer
On average, they sell for about $42.00 each.
That's almost $170.00, just in purses!
According to the survey, accessories account for a third of
the unused items in the average household. They’re second only
The survey found that in the average family's attic or junk
drawer, there's more than $2,200