4 Ways to Make Money Using Things You Already Own

4 Ways to Make Money Using Things You Already Own
  • Opening Intro -

    Everyone needs extra cash once in a while.

    Although you probably already have a regular source of income, it's not always enough to cover unexpected expenses.

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Try these methods to get a little extra value out of your current possessions.

Sell Used Video Games

Have you already finished your collection of RPGs? The secondary market for video games and gaming systems is still alive and well. You can sell gaming items on sites like Amazon or eBay, or you can even take them down to GameStop for a surprisingly reasonable amount. Games that don’t have scratches and are still in their original cases will always sell for more money.

Rent Out Sporting Gear

Do you have a bike or a surfboard sitting in your closet? Many outdoor enthusiasts are looking for sports equipment to use for the single weekend that they’re in town.

Sites like Spinlister will connect you with people who want to rent your bike. Alternatively, you can list your rental services on Craigslist or with flyers at your local activity center.

Remember to make sure that your sporting gear is in good condition. You should also look into purchasing rental insurance, just in case something happens while your gear is out on the road.

Sell an Old Vehicle

If you have a broken car taking up space on your driveway, you might be able to turn it into cash. Those “sell my junk car” ads aren’t a joke—these services will haul away your old vehicle and pay you cash in return.

Repairing old vehicles can get extremely expensive, and there’s no guarantee that your junker will ever run properly again. Most car-hauling services will give you a free estimate, and they’ll even cover the cost of towing the car. Selling your old car is a great choice when you need a large chunk of cash for an emergency situation.

Earn Cash with Your Phone

For a small trickle of extra money, check out your phone’s app store. Services like SwagBucks let you answer surveys and watch ads to earn points; those points can be cashed in for gift cards. Other apps might pay you to perform market research at the grocery store, answer questions for college students, or complete small tasks for your local community.

These services don’t pay as well as a real job, but they’re a good way to earn extra spending money for the weekend.

other valuable tips:

Earning extra money takes creativity and patience. Take stock of your current possessions, and think about the value that those items might have to other people. If the item is in good condition or can be used for parts, there’s a good chance someone wants to buy it.

Image Credit: Pixabay

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Consumer Tips reference:

GUIDE: pay off your mortgage fast

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Categories: Money Management
Tags: make money

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