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7 Sell Your Stuff Apps That Will Get You Some Extra Cash in Hand

7 Sell Your Stuff Apps That Will Get You Some Extra Cash in Hand

When it comes to selling your stuff, the possibilities have become endless. At the same time, it can be overwhelming to find recommendations and difficult to find the right apps that will earn you extra cash.

Whether you are a frequent buyer, collector or a passionate consumer that takes good care of products, there are ways to bank substantial cash with these highly-recommended apps.

In this article, I will highlight the most popular sell your stuff apps — which also market your merchandize or items effectively to maximize your cash earnings.

1. Decluttr

decluttr

    Decluttr launched in 2013 and began its advertising campaign in the same year. The business venture and app has been featured on Good Morning America, The Today Show, Fox News and others.

    If you are looking to sell old or unwanted items for fast cash, Decluttr is your solution. They accept items like DVDs, cell phones, textbooks, video games, consoles tablets and LEGOS.

    Make sure that the items you are looking to sell are in good condition. If the item you are selling is in demand you may receive payment the next day. Payment options are PayPal, direct deposit or a paper check via the mail.

    Get the app here: iOS | Android

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    2. Letgo

    letgo

      Letgo was founded in 2015 and is worth over $1 billion. You can sell your old stuff for cash. It has become a competitor for the likes of Craigslist and Facebook to buy or sell used products.

      You can download the Letgo app on iOS or Android. In addition, you can view your listings via the app or the desktop version of the mobile app. All of the product listings are based on location, so results will be based solely on geographic proximity.

      According to Business Insider, the app is frequently and consistently being featured as one of the top 50 free apps.[1] So, the app has been used and downloaded by millions of users because of its approach to buying and selling products.

      Get the app here: iOS | Android

      3. ThredUP

      threadup

        ThredUP is a fashion resale website for consumers founded in 2009. The company allows you to buy or sell secondhand clothing online. The service is built on sharing economy and part of a collaborative consumption movement.[2] In other words, you can share a good or service by a group.

        Once you get setup with the company, you will first need to order a free close clean-out kit. Days later, ThredUP will send via the mail a bag where you can place old clothes. Once this is received, a payment will be made on PayPal, ThredUP shopping credit or a VISA prepaid card.

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        The company is built on transparency, so you can get an estimate before sending goods in. The company has also built-in to the app a payout estimator so you can get a good idea of your potential earnings prior to mailing your kit.

        Get the app here: iOS | Android

        4. Poshmark

        Poshmark

          Poshmark was launched in 2011 and has not slowed down in terms of growth. It has rapidly grown to a community of five million sellers. It allows users to list on the app adult and children’s clothing absolutely free. Poshmark goes the extra mile by sending a free prepaid shipping label when you make a sale on goods you advertised.

          The app with just a few pictures can be uploaded in real-time. Think of the app as your own personal closet, except you are showcasing your best and used clothing to make a profit.

          According to Business Insider, the company plans an initial public offering (IPO) later this year.[3] To date, the community of sellers have been paid out $1 billion.

          Get the app here: iOS | Android

          5. OfferUp

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          offerup

            The company launched in 2011, and has been synonymous to as a local version of eBay. The OfferUP app offers rewards to successful repeat sellers with excellent customer experiences. Moreover, the seller and buyers can leave each other feedback on transactions.

            The transparency is an appealing part of the company’s app, and you can add customizations to your experience. For instance, you can create a watch list, ask for information for sellers through the in-app chat feature and negotiate a price.

            The app uses geolocation and users can navigate listings by browsing through categories or proximity.

            Get the app here: iOS | Android

            6. VarageSale

            VarageSale: Buy & Sell

              As the name indicates, VarageSale is a virtual garage sale app. Users can download the app on Android or iOS. VarageSale has presence all across the U.S, Canada, Germany, Italy, Japan, UK, etc.

              The company was founded in 2012 and allows you to sell new or used products. Popular items to sell or trade are smartphones, furniture, electronics and others.

              The service is also built on reliability and transparency. Users must create and complete profiles with all required information. The platform comes equipped with a 24-hour support line to report fraudulent or suspicious activity.

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              Get the app here: iOS | Android

              7. Chairish

              Chairish

                Chairish was founded in 2013 and is a multi-faceted sales service. It is an online vintage furniture, art and home accessories destination.

                Listings are free in Chairish, yet there is a 20 percent commission charge for the items you sell. Items here have a higher selling price. In other words, sellers looking to score serious cash need to guarantee the promoting items are in good condition.

                Get the app here: iOS

                Takeaways

                In conclusion, there are a variety of resources and options to make cash with any of these 7 mobile apps. It is important to conduct a little bit of research before publishing listings. You want to make sure the service and the listings match up closely to what it is you’re trying to sell.

                Not all of the services are created equal. All of these cash-based apps are tailored to specific audiences and markets. Look up items to see how frequently they appear and listed prices. Based on this, you can safely assume that this is the right service to promote and market items.

                Featured photo credit: Le Buzz via unsplash.com

                Reference

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                Anthony Carranza

                Multilingual writer and journalist covering all things technology and productivity.

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                1 Feeling Stuck in Your Career? How to Break Free and Get Ahead 2 How to Change Careers When It Seems Too Late 3 7 Steps to Achieve Career Success on Your Own Terms 4 The Definitive Guide to Get out of Debt Fast (and Forever) 5 How to Prevent Decision Fatigue From Clouding Your Judgement

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                Last Updated on July 10, 2020

                The Definitive Guide to Get out of Debt Fast (and Forever)

                The Definitive Guide to Get out of Debt Fast (and Forever)

                Debt can feel crushing, like a weight that is always weighing you down. Looking at those numbers, it can feel as if you’ll never get out from under it. However, if you really want to learn how to get out of debt, it is possible with a great deal of focus and self-control.

                Getting out of debt isn’t impossible. Like any big goal, all that it takes is an action plan to identify where you are and creating a plan to zero out your debt.

                Identifying All of Your Debts

                The first part of paying off your debt is getting a complete picture of what you owe. When you have everything written out in front of you, it makes it much easier to create an action plan. Depending on how much you owe, it might also help you realize it’s not as bad you might have originally thought.

                Here’s how you can get started identifying your debts:

                1. Own Your Debt

                Before you start identifying all of your debts, take a moment to process that you have debt but want to get out of it.

                Forgive yourself for any past mistakes, missed payments, or overspending. It might be painful to accept how much debt you have at first, but you must own it.

                2. Make a Debt Tracker

                It’s astonishing how few people ever created a tracker to understand their total debts. Most likely, it comes from not wanting to accept the guilt of having debt, but, if avoided, it can make it nearly impossible to get out of debt.

                Open up a new Google or Microsoft Excel sheet and list out all of your debts. Start with the name of the creditor, interest rates, total balance, loan term length (if any), and the minimum amount due each payment. This will include student loans, credit cards, and any other type of debt owed.

                3. Get Your Debt Number

                Once you’ve made your debt tracker and taken the other steps, identify your total payoff number. This is crucial, as you will have a starting point and a clear goal that you are trying to achieve.

                Prioritizing Your Debts

                All debt is not created equal. It’s imperative to understand that there are different types of debt.

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                1. Understand Bad and Good Debts

                Bad debts are usually paying for things you want instead of always need. While there might be some emergencies that max out your credit cards, often times it’s excessive spending[1].

                There are three main types of bad debt:

                • Credit Card Debt: The average American household owes over $16,000 in credit card debt!
                • Auto Loan Debt: According to CNBC , the average auto loan in the US is $30,032!
                • Consumer Loan Debt: Consumer loan debt isn’t as common as credit card and auto loan debt, but it’s still considered bad as interest rates are usually between 10-28%.

                Good debt is identified as investments in your future. Here are three common types of good debt:

                • Student Loan Debt
                • Mortgage Loan
                • Business Loans

                2. Decide Which Debt to Pay off First

                Once you know each type of debt and their interest rates, you can begin to pay off debt quickly.

                Focus on paying off bad debt first, regardless of if it is a credit card or auto loan. Start by paying off the loan with the highest interest rate first.

                If you have several credit cards with different interest rates, you want to focus on the one with a higher APR. You will actually save more money by eliminating the card with the highest interest rate.

                3. Don’t Pay the Minimum Amount

                Paying the minimum amount digs you into a hole as interest rates will offset your payment. Even a small amount more than the minimum can help you pay off debt much faster.

                Removing Obstacles to Pay off Debt Quickly

                Creating a debt tracker and prioritizing a plan is simple, but avoiding temptation can be difficult.

                1. Set a Reminder to Track Your Debt

                “If you can’t measure it you can’t manage it.” -Peter Drucker

                It’s so important to track your debt to ensure that you get it paid off quickly. Similar to working out and measuring your results, you need to track your debt constantly. Start with a weekly reminder, where you sign on and log your updated number. Did you increase, decrease, or stay the same?

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                Regularly tracking your student loan balance can be incredibly motivating, as well. You will get a huge confidence boost each time you see your total debt amount decreases.

                Set weekly and monthly goals so you can have short term wins and keep the momentum going.

                2. Hide Your Credit Cards

                If your biggest debt is credit cards, you need to eliminate temptation and remove them from your wallet.

                Some people have gone to extreme measures by freezing their credit cards. Why? This would create an ice block around your card, which would require you to chip away at it slowly. This will give you time to think if it’s the best idea to buy that thing you’re about to buy.

                3. Automate Everything

                Willpower can be a huge downfall to paying off your debt. By automating your bills each month, you will ensure that willpower isn’t involved.

                4. Plan Ahead

                Getting out of debt will require some sacrifices, but with enough planning, you can make it work.

                For example, if you know that you have a friend’s birthday or family dinner coming up, plan ahead for the costs. Whether you need to cut back on spending the week before, pick up a side job, or meet them after dinner, do what is needed.

                5. Live Cheaply

                The only way to get out of debt is to make some sacrifices on your spending habits. Find ways to save money each month so you can apply that amount to your outstanding debts. Here are some ways to save money each month:

                • Live with roommates
                • Cook dinners and prepare lunches for work instead of eating out
                • Cut cable and choose Netflix or Amazon Prime
                • Take public transit or bike to work

                Finding the Lowest Interest Rates

                The higher your interest rates, the harder (and longer) it will take you to pay off any debt.

                If possible, you want to find ways to lower your interest rates to help get out of debt quickly. Here’s how you can get started:

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                1. Maintain a High Credit Score

                Your credit score will have a large impact on your ability to refinance your loans and receive a lower interest rate. If you have a low credit score, it’s unlikely you will be able to refinance your loans. Use these credit tips to increase and maintain an excellent score:

                • Never miss a payment
                • Don’t exceed 30% of your credit limit
                • Don’t sign up for more than one card at once
                • Limit hard inquires, like auto-loans and new credit cards
                • Monitor frequently with free credit-tracking software

                2. Find Balance Transfer Offers

                Start by opening a free account on credit.com. Credit.com offers you the chance to open a free account and see what type of balance transfer offers you can receive. Some of your existing credit cards might already have 0% or lower APR balance transfer offers available.

                Contact each of your credit card providers to ask about lowering your rate for a one-time balance transfer offer[2].

                If you do take advantage of this option, make sure that you use a balance transfer and not a cash advance. Cash advances have a ton of high interest fees (15-25%, depending on your credit card) and will only compound your debt problem.

                How to Get Rid of Debt Forever

                Setting up a plan, removing temptations, and getting the lowest interest rates is the first step to get out of debt.

                1. Keep Monitoring and Adjusting

                Once you have a plan, don’t get comfortable. Track your debt payoff plan and make the necessary adjustments when needed.

                Monitor your credit scores with a free site like CreditKarma. The higher your credit score climbs, the more likely you will be to secure a new, lower-interest loan.

                2. Earn More Money

                There are only so many ways to save money. Instead of clipping another coupon or making sacrifices for your morning coffee, find ways to earn more money!

                Think about it…it is much easier to find ways to earn an extra $1,000 per month than find $1,000 to cut from your budget.

                Here are some examples of ways to earn more money:

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                Talk to Your Boss

                Have a conversation with your boss about current salary and/or commission rates. If you’re not satisfied or want a change, don’t be afraid to look around at other positions. Some of them might even have a student loan debt reimbursement plan!

                Start a Side Hustle

                This could be coaching students on the weekends, driving for Uber, or taking paid online surveys. There are tons of ways to make money outside your 9-5. Now that you have a clear plan to pay off your debts, you’ll be more motivated than ever to figure out creative new ways to earn money.

                Build an Online Business

                There are so many websites and blogs that earn money from ads, affiliates, and other online products. Find your niche and get started.

                3. Celebrate Your Wins

                As you progress in your debt payoff journey, don’t forget to celebrate your wins. You need to always reward yourself for the hard work and discipline that is required to get out of debt.

                While you shouldn’t celebrate so big that it increases debt, make sure to factor in little rewards to keep you motivated.

                4. Set New Financial Goals

                Eventually, with a plan and these steps, you can rid yourself of your debt. Once you do, make sure to celebrate your monumental achievement, but don’t stop there.

                Now, you can focus on acquiring wealth and increasing your net worth. Set new financial goals so you have a new target to aim toward. Here’s how to set financial goals and actually meet them.

                These could be anything now that you are debt free! Think about where you want to travel, buying your first home, or saving for your future retirement. Just like before, make sure that your goals are specific, measurable, and achievable.

                Conclusion

                Congrats, you can now set a plan in motion to finally pay off your debt quickly (and hopefully forever)!

                Remember, if you want to get out of debt quickly, it’s not always easy. Just like any big goal, there will be sacrifices, challenges, and problems to overcome.

                More Tips on Getting out of Debt

                Featured photo credit: Pepi Stojanovski via unsplash.com

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