How To Make Money From What’s In Your Closet

How To Make Money From What’s In Your Closet

It’s about the time of year that many of us are looking for ways to raise extra money for the winter holidays. While it’s possible to get a seasonal job or cut back on expenses, another option is to use your closet to make money for you. How can you do that? Here are a few hints:

  • Sell items that you no longer need. If your closet is bulging when you open the door, then chances are that you have more clothing that you can wear. Since your children are growing quickly, they probably have some items that they’ve outgrown but are still in good condition. While this isn’t garage sale season in Vancouver, you can bring the items to a consignment shop or try selling them on an online auction site, such as eBay. This works best if you have name brand items in excellent condition. Cleaning out your closets and selling some of your excess has the added benefit of giving you more room for new clothing, purses and shoes that make their way into your home.
  • Use your closet as a temporary office of sorts.Can you accomplish some excess work at home, allowing you to make extra money while not forcing you to stay in the office for all of those hours? Extra space in your closet can be used to store office paperwork on a temporary basis. If you have a custom closet set up in your guest room, it could even be used permanently for this function. Set up a filing cabinet or use the drawers to hold important documents, separated by client. If you have room in your walk-in closet, you could even bring in a chair and use the island or a small table as a makeshift desk for your laptop for a few hours per week until the holiday rush is over.
  • Use your closet as extra storage for items that you are able to buy at rock-bottom prices. Normally, if you see an item for a very low price, your purchasing power is limited by the amount of storage space that you have. When you have a well-organized closet with extra space to spare, you can use some of that to hold extra stock of items bought at a great deal. While this won’t save you money the first or second week that you try it, after a month or two, you will be at the point of only buying non-perishable goods when they’re on sale, because you’ll have enough of a surplus squirreled away for immediate use.

There are many ways for you to save money and come up with extra funds for the holidays and all throughout the year. Have you thought of any other ways that your custom closets can make money for you?

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