How to declutter and earn some extra cash this January
A brand-new year means one thing around here: a hard reset on everything in our lives. This includes our closet full of things we no longer use. New Year, new us.
Most of your used electronics and other gear shouldn’t just be thrown into the trash. After all, one person’s trash might make another person’s day. Tap or click here for a list of old tech worth big bucks.
Our take: why miss out on a potential windfall? These three tips can help you maximize your time and make the most of stuff that would typically go to waste.
1. Sell stuff online
When you choose a safe, reputable marketplace, cashing in is easy. Your old tech might net you a bundle if it’s in good condition.
We love Decluttr because it can help you appraise everything you want to sell, getting you a fair price without the risk of shadier places like Craigslist. Facebook Marketplace, eBay and Amazon are also excellent choices, although you might need to do more legwork.
Tap or click here for our guide to Decluttr.
2. Get tax deductions when you donate
Donating old electronics and other household goods to places like Goodwill isn’t just a charitable deed. You can also write these donations off on your taxes. To file correctly, you’ll need to itemize everything you’ve donated over the fiscal year.
Non-cash donations of less than $250 must include a description of what you gave, the organization’s name, address and the donation’s date. The more you donate, the more details you may be asked to provide. You can find all the info you need on the IRS’s site.
3. Recycle electronics
Sure, you won’t make much money, but recycling things revitalizes your home the same way both activities above do. Plus, there’s a significant environmental advantage — old batteries, computers, printer cartridges and phones all seep dangerous chemicals into the soil if not disposed of properly.
How to bring in more income in the new year by selling your stuff
Are you new to the neighborhood or want to connect with your community? Try joining a buy nothing group. Neighbors pass around items for free, which is a great way to save money on things you need and establish rapport. Tap or click here for safe ways to get free stuff from next door.
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As with anything in life, these things all come at a cost. That’s why we’re here to share ways to make this holiday season one your family and friends will never forget.
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Who doesn’t have a bit of clutter in their house? Whether it’s stored away in the corner of your basement, shoved in an extra closet or lined along shelves, you most likely have items just sitting around collecting dust.