repurpose them, sell them online, have a garage sale, or trade gently worn clothes for cash or store credit towards thrifted goods at various stores like Buffalo Exchange, Rag-O-Rama, or Plato’s Closet – among others.
“Go online and get to listing some of your unwanted stuff that you think someone will buy and watch your trash magically turn into cold, hard cash,” Patrice C. Washington, author of “Real Money Answers for Every Woman”, told UpScale Magazine.
“Use websites like ebay.com, craigslist.com and etsy.com. But don’t be lazy. Your chances of making quick sales greatly increase when you put a little thought and time into creating your listings. Start out with catchy and descriptive headlines to get a prospective buyer’s attention. Do your research and write an in-depth description of what you’re selling,” she added.
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Sharon Epperson, CNBC senior personal finance correspondent, suggests stashing as much money as possible in Roth retirement accounts. “You could be in a higher or lower tax bracket when you’re in your 60s, who knows? With a Roth IRA or a Roth 401(k), after age 59 ½, you’ll generally be able to withdraw your money tax-free,” Epperson told U.S. News.
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