SPEAKER_00 0:07

Welcome to Money Talk for Real, a podcast where I talk about making money, spending money, and everything in between. I'm Nick, and in this episode, I want to talk about something that where if you are strapped for cash and you need money right now, the first thing you're going to do is probably try to sell things around your house because that would be the easiest way to quickly get money because you already have the stuff. You don't have to hone in your skills. You don't have to go buy anything. You don't have to quote, spend money to make money. You can just sell the stuff that you already have in your house. So I'm going to talk about basically 10 things or 10 categories of things that you can sell around your house right now. Again, if you needed cash, this is where the example comes in. If you needed cash right now, you're probably already sitting on it. You just are maybe overlooking what you already own. You can sell these items almost immediately. They're not rare, they're not special, they're just kind of everyday stuff. And the goal with selling these is to get the quick cash. We're not looking for perfection. We're not looking to create a business. We're not looking for anything but to get money fast. And the platforms that I would recommend selling these things on, the big one today is going to be Facebook Marketplace, of course. But even in today's time, Craigslist and eBay are still relevant. And if you're trying to get that cash, you need to hustle. You need to list them, list these items on multiple platforms. The first uh category or items I would talk about would be old electronics. I'm talking phones, I'm talking tablets, laptops, gaming consoles. Even the broke ones or even the old ones that you think are useless, they still have value to the right person. There's refurb companies out there, there's people that get the parts and components out of it. Those still have value. People buy them for the parts or to refurbish them. There's a quick flip potential here with this. And electronics is a big one because in the digital age, we probably all have old iPhones or old Androids or old tablets, old laptops, whatever it is, old electronics is a good place to start. The next one, furniture that you don't use. Chairs, tables, nightstands, dressers, whatever it is, especially if they are made of solid wood. People are always needing cheap furniture locally and without, you know, without having to drive to a furniture store. Um, and especially if they're solid wood, they typically hold their resale value better. And this could be an easy marketplace sell as well. Another thing, tools, power tools, even basic tools, but like power tools, hand tools, yard tools. You probably have extras, maybe, or duplicates. I know I do. I'm a tool guy. I have a lot of tools and machines and stuff like that. And I do have duplicates and extras. How many, you know, how many 17 millimeter sockets do you have? We all have like random stuff. And how many flathead screwdrivers do you need, right? I mean, um, so tools, uh, and again, the extras are the duplicates. I'm not saying get rid of a tool that you're going to use. Absolutely not. Um, but if you have duplicates or extras, or maybe you upgraded a tool to a different brand and you still have the old one because you didn't think it was worth anything, then sell it. Tools, especially, they hold their value surprisingly well. So I would uh look and see what kind of tools that you have that you can maybe try to sell there. Clothes that you don't wear, especially if they're brand name, that goes without saying, or if they're barely worn um, you know, shoes, jackets, blue jeans, whatever whatever it is. Um if you haven't worn it in a year, then I would probably say that it's inventory at that point, and you're probably not going to wear it. Or you may be hanging on to it for that quote one time that you might decide you want to wear it. Man, get rid of it. You're not using it, you're not wearing it. Get rid of it. Take the cash. Another thing with clothes that you could consider is bundling things for a faster sale. You know, instead of selling 10 shirts individually, maybe you do a bundle of shirts for a little bit higher price. People are, you know, that way they can get five shirts, whatever it is. Bundle it for a faster sale. Talking about now collectibles or hobbyist type stuff. This can be cards, is probably the biggest one. Memorabilia, random collections. Um, it could even be like old hobbies that you dropped that you're no longer interested in, and maybe you're afraid to sell it because maybe okay, probably two options. Number one, you don't think you'll get the same amount of money out of it as you put into it. And I'm here to tell you that's probably true. That's not a reason not to sell it, though, because it's a hobby. It's not a business decision. You didn't get into that hobby to make money. You got into the hobby because you enjoyed it. Well, if you're no longer enjoying it, you need to sell it. Even if you take a little bit of a loss, some money is better than no money if it's just junk sitting around at this point. And the second potential would be that you don't want to list and sell your stuff because you're afraid that no one else would be interested in the hobby like you are interested in the hobby. Someone else is into whatever you're into, I promise you. I don't think there's very many people listening to this podcast that are the sole inventor or creator of a hobby. Most people are already into it. You just got to find the right buyer, so to speak. Next, I'll talk about kitchen appliances. And I'm not talking about the big ones, although those are great too, but even the smaller stuff. Think about like air fryers, blenders, coffee machines is a big one, stuff that's maybe sitting in cabinets that's not being used. People love buying these secondhand, right? And especially locally on a Saturday morning, they get on Facebook Marketplace, they're like, oh wow, you know, we can go get this air fryer, whatever it is. And um, again, all of these things I should mention, I'm not talking about you're gonna be able to sell them for thousands of dollars. You might sell some of these for $5 a piece for a t-shirt or you know, $20 for a used blender, whatever it is. But, you know, if you need the cash quickly, you could stack and compound some of these. And uh a lot of small sales can can add up to some bigger cash. But uh, home decor is another one. This one's a little bit tricky because you know, home decor, that price can kind of be all over the place. Meaning, you know, you might list something that's legitimately worth $100, and they see the exact same item on Hobby Lobby or Kirkland or something for $20. And they think, oh, I can get it cheaper here, even though it might not even be the same item. But home decor can be tricky in that sense with pricing. But home decor, what I would consider would be stuff like wall art, lamps, rugs, mirrors, stuff that you probably don't even notice anymore. Maybe it was great at the time, but maybe your style has just changed, and you could potentially sell the old version of whatever it is that you had. Exercise equipment. That's another big one. Dumbbells, benches, bikes, especially if you're not using them. You might have, you know, upgraded even, or maybe you just don't use them because you were motivated at the first of the year, and now we're in, you know, May or June, and you're no longer in, you know, you got a little overzealous. You didn't stick to it. No problem. Good intentions, maybe poor follow-through. But fitness stuff on these marketplace websites that actually sells pretty fast in the local area, you know, locally. Um, so maybe exercise equipment could be something. The next thing, baby items or kid items. I'm talking about strollers, talking about toys, just baby gear. I don't have kids, but I if you do, you know the stuff I'm talking about. There's a short usage lifespan on these things, which means that there's typically a high resale demand. And parents are always looking to save money when they have a newborn. And again, babies grow up quick. So there's a lot of stuff you probably bought that did not, you didn't, you need it at the time, but you no longer need it. Get rid of it. Try to sell it. There's some other new mom or new dad out there that may be interested in it. The last thing I would talk about are the kind of generic, this is a vague kind of category, but random quote junk drawer items, cables, accessories, small electronics. This could be legitimately junk, but if you find anything of any value, try bundling the items together. For example, if you find a $1 widget, whatever it is, no one might be willing to buy that. But if you find 20 of them and you can bundle them for $15, someone might do that. And it's the old saying that one person's junk is someone else's deal. One man's junk's another man's treasure, right? A couple tips here. If you were trying to sell something, price them to sell, not to maximize your profits. Don't overprice and sit on it. Again, you're not don't worry about taking the loss. You're trying to get the cash. You're not going to recoup everything that you have in it. Fast cash is better than a perfect price. So again, price to sell. You want that stuff to move quickly. Take good, clear, simple photos, good lighting, clean background. Don't overthink it, but also just, you know, maybe don't have too much clutter in your pictures. Think about if you were looking for something, what are the type of pictures that you would want to buy if it of the item, you know? Um, make your descriptions on there. Super simple. What it is, what condition the item is in, what's the price. People like to skim listing descriptions. So don't write a novel. Just keep it simple. What it is, what the condition is, what's the price. I mentioned this before, but also try considering bundling items together. If you sell multiple things as one deal, a lot of times this can move stuff faster. You can sell more items in a shorter amount of time. Last thing I would mention is to respond fast. Usually the first response usually wins. So when someone's browsing something and they send you a message about it, reply back to them as quick as you can. And in this case, the speed will mean sales for you. We're trying to get to the cash. This is about quick wins for the quick cash, and the action is going to be better than overthinking. You probably have at least a couple hundred bucks laying around, if I had to guess, in items that you probably would not even notice if it was gone. And you can get some cash for those items as well as help clean up your home. So something worth considering. Uh, if you have questions, comments on that, please leave them for me or reach out to me. You can contact me through my website at money talkforreal.com. I would also ask that you leave a five star review on your favorite podcast player. And until next time, this is Money Talk for Real.