Profit From Decluttering

Everybody gets to a point where they take a step back, look around, and wonder how they accumulated so much stuff. Decluttering can be to simplify your life for travel, make room for a new family member, or just to get more organized. Everyone is in a different situation in life. Some need or want more room for storage. Some are tired of the clutter and looking for change. What if you could make money while decluttering both immediately and indefinitely? Here are four great ways to make some money from your decluttering experience.

Lend

When you buy, buy quality and share. That’s the philosophy at Fluid. As you look at what to get rid of, it can be difficult to part with the $500 snowboard you only used once, will probably only use one more time, and don’t want to sell for $25 at a garage sale. Make money by sharing your things. Fluid lets you rent your underutilized assets to your neighbors. So get your old lawnmower, ski equipment, baby gear and board games ready and start making some money.

Sell

Garage sales have been nice for my family to pose important questions such as,  “When was the last time we used this?” This process is very therapeutic. Other mediums to sell your items are Craigslist, OfferUp, or Facebook groups. My wife and I use the event to teach our kids and  we use the money we make to have a fun experience with the kids or an awesome date night. Much more memorable than a few things that just hang around.

Donate

If you aren’t up to the task of doing the “garage sale experience” and desire minimal human interaction in the process, donating your items can be a great way to save money. If you itemize deductions on your tax return, the dollar value of the items multiplied your tax rate (somewhere between 10-35%) is the amount you stand to save on your bill from Uncle Sam. Simply find a thrift store such as Goodwill, drop off your stuff, grab a form to value your items, and save it for your tax return.

All that extra space. Now what?

Empty space spawns new (and probably useless) things. Instead of repeating the “Share Sell, or Donate” process why not rent out the space not being used? STOW IT allows you to make money from your extra space. List it on the STOW IT android or iOS apps and set your own price, terms, and conditions. Put that newly cleaned garage, basement, outbuilding, shed, or bedroom to work for you. This is a great way to make a recurring income stream.

You now have all tools to lend, sell, or donate your way out of the clutter. Let us know how it goes.