One major perk of living and dressing with less is more money in your wallet. Not only are you shopping less, but you can sell your stuff as you declutter. Donations have their place, but if you are in debt or saving for something special, I highly recommend earning a little green for the hidden treasure in your closet.
My favorite financial counselor, Dave Ramsey recommends building a $1000 emergency fund before you start paying off debt or investing. It will help motivate you to have a sound financial future and be there in case of an emergency. (note: Applebees is not an emergency.)
If you are thinking, “I could never save $1000!” go to your closet right now and do a silent tally of your wardrobe. I am guessing you’ve gone above and beyond $1000.
It’s time to stop working for your closet and put your closet to work for you. You can always turn to eBay, Craigslist, a local consignment store or a good old-fashioned yard sale, but if you are short on time and/or patience, let the experts do your heavy lifting.
5 Online Consignment Shops
Twice is like a brick & mortar clothing resale store, but online. Sellers send in their clothing (Twice pays shipping), and then makes an offer for items. They pay for everything upfront, so you get your cash right away! You can check them out on Facebook too!
Buy and sell practically new children’s clothing. Save up to 80% on your favorite brands, and turn outgrown clothes into cash.
Threadflip is pioneering a new social shopping experience by offering women a simple way to convert their closets into a dynamic boutique-like experience, connecting buyers with sellers, and capturing the collaborative energy of shopping with friends. Make sure to check out their white glove service too.
No need to wait months while you try to sell your clothes at a consignment store. Klury eliminates the hassle of selling your clothes. They issue payment to you via check, Paypal, or store credit within 2 business days of receiving and inspecting your item. (and they dry clean and ship internationally)
The ultimate online marketplace where users can buy, sell, swap and save on coveted luxury and designer clothing, handbags, shoes, and accessories. It’s fun, budget-friendly, and fabulously green.
It’s important to note that while these shops will buy your goods, they also have plenty of eye-candy. Stay focused, and build your emergency fund before you go shopping. You already know what it’s like to have too much in your closet.
If you need extra motivation to avoid shopping, go back to the tally of your closet and figure out how many hours you’ve worked for your clothing. Was it really worth your time for an extra sweater or the same shirt in 5 different colors?
While I haven’t personally used these online consignment sites, they are all user-friendly and appear to have great customer service. If you have questions, just ask them! I recently did an interview with Twice . They were delightful to work with and created the image on today’s post.
Go make some money and let me know what you think of these recommendations!