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Last Updated on January 29, 2022 by Steal the Style
Is your budget too tight for your liking? Is your savings account empty? Do you need some extra cash? The solution to your money problem could be sitting right in your closet. You could sell your old wardrobe and pocket an excellent profit.
In This Post:
Boosting Your Savings
Living with a tight budget can be a big problem, especially when you don’t have any savings stashed away for a rainy day. What will you do when your car breaks down and needs repairs? Or when you get a terrible toothache and need to rush to the dentist?
If you don’t have the savings on hand, you have two options to cover these surprise expenses. You can put the charge on your credit card, or you can try to apply for a cash loan. As long as you meet the qualifications, you can apply for a quick cash loan online with a fast application process and wait to see whether you’re approved. If you’re approved, you can use the borrowed funds to handle the emergency expense in a short amount of time and then handle a repayment plan later.
Selling your old wardrobe can help you make some extra cash fast, which you can store away in a savings account. When a surprise expense happens, you won’t break a sweat.
How Can You Sell Your Old Wardrobe?
Divide and Conquer
Go through your closet to determine what you don’t want anymore. Once you’ve finished this pile, sort through it again to find the clothes that are worth selling. You’ll want to remove items that are in rough shape. No one wants your old sweatpants that have a giant tomato sauce stain on the front.
Wash the clothes that you intend to sell — even if you haven’t worn them in ages. You’ll want them to look their best in the listing photos.
What if you need to dry clean them? There are plenty of ways to dry clean items at home so that you can skip the costs of professional dry cleaning.
Patch Up Problem Areas
You’ll want to go over the items and make any small, necessary fixes. Set aside some time to do repairs like sewing on missing buttons and fixing stuck zippers.
Find the Right Website
Now that everything is in top condition, you’ll have to look at the many places to sell clothes online and pick which one you want to use. Try to find the best match for the types of clothes that you’re trying to sell. If you’re selling unique vintage pieces, you don’t want to pick an app that specializes in current fashion trends.
Make an Enticing Listing
There’s nothing more disappointing than putting up a listing that gets no attention. So, how can you make your listing appealing to buyers?
- Take photos in good lighting, so the fabric colors/patterns are clear.
- Model the clothes so the buyer can see what they look like off the hanger.
- List important details like brand, size and washing instructions.
- Do your research before you set the item’s price. You’ll want to know what similar items are going for.
And finally, one of the smartest things that you can do is stay committed. If you’re not getting any bids on your items, don’t give up. You can see whether the items do better at lower prices or on different websites. You can also spread the word on your social media platforms and expand your audience.
Keep at it — you’re bound to find buyers.