If you don’t have time for extra work hours, perhaps you have a few things lying around house that someone would pay to take off your hands. Still-functional electronics, designer clothes, jewelry, collector’s items, old toys and bikes may have significant resale value.
Do some research to determine the best outlet for your no-longer-needed belongings. Technology and exercise equipment might fetch a nice price through a site like Craigslist, although the potential for scammy or unreliable buyers is high. Consignment shops and eBay can turn your clothing and collector’s items into cash.
Also consider an old-fashioned garage sale. A good-sized one can easily net you a few hundred bucks, even if you’re just selling old baby clothes by the bin.
The best part of trying to save up money fast? You’ll learn which strategies work well for you, and you can employ them again when a new need arises. Or maybe you’ll keep saving even after you’ve bought the car or the ring or the plane ticket. That way you’ll always have some cash handy to cover whatever expenses come your way.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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