Skip to main content

The best day for a garage sale

A big part of downsizing is finding new owners for your no-longer-needed items. These items are still fantastic. Many of them are little treasures. It's just time for them to find a new home.

For tips on online selling, grab my free e-book Less Clutter More Cash.

Today's topic is garage sales. Are they worth it and when's the best time to have one?

They do take some work

Let's be frank. Garage sales can be a bit of work.

Moving all your items to your garage or driveway. Pricing the items, or arranging them in boxes or on tables according to price. Promoting the garage sale to your neighbours - either online or with cardboard signs around the neighbourhood. Sitting around for hours on the day (not really hard work but time-consuming). Packing up after it's all over.

Are they worth it?

Garage sales can be worth it. If you have a lot of items to sell and they are fairly mainstream items then a garage sale can be worth the time. It's still a lot of work but there's a good chance to move some items.

The best day of the year?

If you are ever going to do a garage sale, do it during the annual Garage Sale Trail. This year it is the weekend of 20-21 October.

Garage Sale Trail is an Australia-wide initiative to promote garage sales and buying second-hand. More than 400,000 Australians participate.



We've occasionally done a garage sale on another weekend, but never as successfully as on Garage Sale Trail weekend.

Why is it better?

In short - less effort, more sales.

Register your sale online and it goes on a map where keen buyers can add you to their "sale trail". The people at Garage Sale Trail also promote the national day. Together these two things mean that you can get people coming without doing any of your own promotion.

You can also list your items and post pictures to the Garage Sale Trail website. Because people can see what's there before they come, the people who come along are more likely to be interested in what you have. Also people who are after something in particular (eg Elvis records) can search the website for sales that have those particular items.

Any other tips?

Make use of the time. Take photos of your items while their out on display (if you haven't already). If they don't sell at the garage sale, it will be quicker to put them online later.

Show all you've got. If you are already selling items online (and following my tips in my free e-book) then you can also add the web address of your online list to your Garage Sale Trail profile.

Even if your garage sale profile is just a basic one, you can show people where to find your complete list of items. You might even make some extra sales in advance.

Comments

Popular posts from this blog

Adam ruins work

The TV show Adam Ruins Everything took a look at the workplace - and the 40 hour work week. It confirms my thoughts that the 40-hour work week (or at least it's relevance today) is a figment of our imagination. Very enlightening. Watch it now . The first 7 minutes are the most relevant. There were some astonishing stats coming out of it. For example, we spend only 45% of the work week doing our actual job (not including meetings etc). That's about 18 hours per week. Interestingly, that's what experts predicted. With rises in productivity, the 1950s brought talk of a 4-day work week. By 2030 they reckoned we might work just 15 hours per week. But instead we work longer hours. That results in more mistakes and safety mishaps. It also reduces brain function. We might think that it's being productive but Adam points to countries that have as much prosperity as America while working much shorter hours. A classic case of 'less is more'. PS. for the basis of ...

My mug shot

This is every mug I own. How many did I buy? Zero. They seem to just appear. I don't even drink tea or coffee. In winter I have might have a hot chocolate or cocoa. So 9 mugs seems like a lot. How does this happen? I reckon most mugs are gifts. There are two reasons for this. 1. It's a safe bet. People need to drink. It's kind of like buying your dad socks for father's day. But the difference is that socks wear out and need replacing. Cups don't. One of these mugs i received as a kid in the 90s. It still works fine. Now it has 8 friends. 2. It's often for what's on the mug. It might be a greeting card-style message, or a sports team logo, or something humorous. It's a good thing that something functional can also provide an inspiring message or pleasant memory as you use it. But the problem comes when we have too much. If I use the cup my sister gave me at Christmas, then I'm not using the 'awesome brother' one she already gave m...

Investing Less, Earning More

Could investing $13,000 be better than investing $70,000? In this case, the answer seems to be yes. In Making Money Made Simple , Noel Whittaker compares two hypothetical investors: Person 1: Invests $ 1,000 a year from age 18-30. Person 2: Invests $ 2,000 a year from age 30-65. You might think that person 2 would be better off, but here's how it goes (in chart form): Person 1 stops investing at 30, but their investment keeps growing. At that point, person 1's yearly growth is more than person 2's yearly contribution. That's why person 2 never catches up. Person 1 ends up about $ 150,000 ahead, despite investing about one-fifth of what the person 2 invested. What if growth isn't so good? These calculations assume 10% growth. What if it isn't that high? Fair point. I've run the numbers at lower rates of growth. At 9%, person 1 is still better off. At 8% it's close, and person 2 comes out slightly ahead. But that's not really the poin...