Friday Financial Tidbit-Ways to get extra income-Have a garage sale!

One of the best ways to get your starter $1,000 emergency fund funded or get your debt snowball rolling is to have a garage sale. With spring in the air, now is the perfect time to clean house of items you are not using anymore as well as pad your bank account.

If we are honest with each other we know that we have stuff in our house that we do not use that is just sitting there taking up space. Whether it be old clothes we do not wear or cannot fit into anymore, or all those DVD’s that we do not have time to watch anymore, or our kid’s old toys that they have not played with in a year. In addition, that stuff is part of the reason we are in debt in the first place- stuff we do not need but talked ourselves into buying anyway. So by having a garage sale you can kill two birds with one stone; get rid of things in your house and knock off your debt. My friend Jenny McCutcheon from Ex-Consumer.com wrote a great article last year on how her family made over $1,000 in one weekend of garage selling and is full of tips and advice.

I know it is hard to get rid of stuff. We rationalize keeping our stuff by saying, “I’ll use it later,” but let’s be honest; you probably won’t use it. But what better way to make a statement to your family, friends, and yourself than by dumping stuff to help you dump your debt?

Have you had success with garage sales in the past? If so, what were some of the keys to making it worthwhile and what did you use the money on?

To receive notifications of new posts, please join our email list or visit our subscription page

To learn how JW’s Financial Coaching can give you a new perspective on your money please visit one of the following links:

About Services Offered Mission Statement Contact Information FAQ

Advertisements

About Jon White

Giving people hope and seeing them win with their finances is something I have a strong passion for. Because of this passion I started JW’s Financial Coaching in the summer of 2010. Financial coaching has allowed me to combine my passions of finances, teaching, and helping others by helping people get on the right track financially. I'm interested in hearing your story so please do not hesitate to interact with me through social media.
This entry was posted in Friday Financial Tidbit, Personal Story, Taxes and tagged . Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s