Well, what you may not realize is that you could have hundreds or thousands of dollars in your closet right now! Did you know that this is the best time of the year to sell clothes, accessories, and shoes on ebay? It's true. With many parents having to cut back on their back to school budgets, many people are turning to places like Goodwill, eBay, and discount stores to buy back to school clothes and goodies.
In the past 5 years I have probably made $5000 annually just by selling stuff on ebay. Normally, this money just goes back into the latest and greatest in fashion - but it's definitely the best way to justify a big shopping trip.
Here's what I recommend:
- Clean out your closet at least two times a year. I usually do it at the end of winter and summer.
- Make 2 piles - one for the nonprofit of your choice, and one for eBay sales. Even though garage sales and places like Plato's closet seek to give you the same opportunity as eBay, you can make almost 3 times as much by selling on ebay. However, there is a small fee to list on ebay, and you do have to mess with shipping the items out.
- If you haven't worn it or used it in 3 months and it's not seasonal (like a bathing suit) then it's time to say goodbye. Even if you might eventually get back to the size of your high school jeans...you will be better off to buy a newer more current style than to be "so 2000"!