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Personal Finance: Five No-Brainer Ways to Make Money

Make MoneyWe all need money before and after the holidays, but sometimes we don’t realize that we actually have more money than we think.

Success in Personal Finance

Successful personal finance starts with an occasional evaluation of what we have, and what we need and don’t need.

If you go through your closets – you don’t need to wait for spring cleaning to do that – you can find quite a few things that you do not need and can sell or donate for tax deductions.

And the best time to do it – at the end of the year.

Would you not like to get a bigger tax return in April because you made some donations at the end of the year? I bet you would!

Here are my five no-brainer ways to make money I came up with that helped me to get a good chunk of cash while I was not working for a while.

1. Sell Your Old Cell Phone and Other Junk on Craigslist

This is a very easy and quick way to make money, but not a lot of people take advantage of it.

You would not believe how many people look for used cell phones and will pay minimum of $20 and maximum $300 for a phone instead of buying a new one to avoid signing a 2-year contract with a phone company.

Within just one week I made well over $100 for my 3 old phones.

You can also sell used furniture, TVs, computers you do not use any more, and other bulky items that just take room in your house and you have not been used forever.

2. Sell Designer and Other Valuable Items on Ebay and Amazon

This is a favorite way to make money for a lot of people.

The above sites have millions of subscribers.

If you have a designer item or a piece of jewelry or something else of a value – you have a lot of chances to sell it at a great price by listing it on an auction.

You can ship those items at the buyer’s expense.

No matter how junky you think your item is, someone will probably need it and pay good price for it.

3. Sell Your Electronics Items on Gizelle.com

Do you have a few electronics items that you don’t need any longer because you got some upgraded ones?

Price out items like old video games, XBox, DVDsetc. on Gizelle.

After you describe the items you’d like to sell, it will list their purchase price, mail you a box to send your items in and even pay shipping charges!

How easy is that! Personal finance for dummies.

4. Donate Your Used Items to Charity Before the End of the Year

This is one of my favorite personal finance tips. It always feels good to give.

Every town has a Salvation Army or a Goodwill store.

They always need used household items, clothes and shoes in good condition.

Go through your closet and use a 2-year rule.

If you have not used or worn something for 2 years – you do not need it!

Do not be a pack rat!

Someone else can really benefit from it – and you will get a tax deduction!

5. Have an Old-Fashioned Garage Sale

A lot of communities have planned garage sales twice a year.

This is a real no-brainer way to make money, since you don’t even have to advertise.

Get your items ready and sell them pretty cheap: clean out your kitchen, closet, garage etc. and get rid of all the junk that is always on your way and there is no use for it.

You can also check out this site called www.garagesale.com where you can sell anything and everything.

These 5 easy ways to make money can easily bring you somewhere from $300 to $1,000.

Smart money approach always pays off after all.

What are your tips on how to make money and become successful in personal finance in the upcoming year?


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3 Responses to “Personal Finance: Five No-Brainer Ways to Make Money”

  1. uptodate Says:

    Great post. Nice to able to find valuable information from Google Search lol.

  2. Jacob @ Cash Cow Couple Says:

    Great list! We do most all of those things, but the place to find the highest returns is Craigslist. With a little hustle, it’s a full time income sort of gig…
    Jacob @ Cash Cow Couple recently posted..The Cost of Addiction – In DollarsMy Profile

  3. Elena Says:

    Hi Jacob! Glad you liked our article. Yes, there is definitely a potential to make part-time or full-time income by selling items on Craigslist. Thank for stopping by!

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