Monetize Your Stuff

“Stuff” costs money and let’s face it, most of us have collected a lot of “stuff” in our homes over the years - old vacuum cleaners, computers, duplicate printers, first-generation GPS systems, DVD players, sports equipment, books, bed frames, baby toys, etc.

As a part of your financial Spring-cleaning you should have a strategy to monetize the “stuff” you don’t need any longer.

What good is it to store a desk in your garage for five years if it’s only going to collect dust? Though you may be justifying keeping it for a future need, trust us, the more “stuff” you hang on to, the more it costs, especially when you could sell it and use the money for more important things like debt reduction or your child’s education fund.

In most cases, as long as your “stuff” is clean, and not badly damaged, you can fetch a fair price for it using Kijiji, Facebook Marketplace or your local classifieds. All you need to do is post a couple of high quality photos of what you’re selling, provide a detailed description, and ask for a reasonable price. If you’re uncertain what price to charge, simply check comparable ads.

Try to organize your “stuff” neatly, and this can be done easily online by way of a catalogue, so that potential buyers can see everything you’re offering and may be attracted to other items you have for sale. Most buyers will pay cash and safely pick up the items themselves.

Once you’ve pruned and monetized your collection of “stuff,” you’ll have more money in your pocket and life will be a little more simple.