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

Monopoly, money and you

One of the most well-known board games can also be a great way to learn about money and investing - according to this book. Perhaps one way to teach kids (and maybe ourselves) about finance is to play a board game. In so many ways, the game parallels our own financial life - and we can practice financial decision-making without losing any real money. Is monopoly like life? Yes and no. We manage our cash, negotiate, make deals, make choices, go through tough times, make investments, pay tax and reap rewards. To do well we have to make investments. It's very hard to win just by collecting $200 each time you pass go. There are rules, and wise moves. The better we know them, the better we do. However, in real life, you can win without forcing others into bankruptcy. Principles that work in the game and life Diversify. You might have hotels on the two most expensive properties on the board, but if no-one lands on them, you still might lose. Investments have a price and a value. They are...

Four Thousand Weeks - Time and How to Use It

First question. Why 4000 weeks? That's the average human lifespan. If you're reading this you've probably used up 1000 already. If you're a bit older you may have only 2000 left. Maybe just 1000. That can be a startling thought - given how quickly each week goes by. There's so much wisdom in this book, it's hard to summarise it briefly. But I'll give it a go.... Face the Finitude If time was infinite, we could work for 40 years and not miss out on anything. We could spend frivolously as we could always earn more money later. But in the real world there are time limits. Even if we have enough money to escape the nine-to-five, our time (though more plentiful) is finite. Just like money, we will run out if we fritter it away on low-value options. "Face the Finitude" has become one of my internal phrases now. It's my reminder that I don't have infinite time to waste. It may be helpful to think of it like money. eg. I might like something, but d...

How to never worry about the share market

The Ulysses Contract doesn't sound like a book about investing. The subtitle "How to never worry about the share market again" is what grabbed my attention. The book is mostly about the mindset and strategy of investing in shares. The obscure title refers to Greek mythology, the temptation of the siren songs, and the measures Ulysses took to keep his ship and crew safe - including being tied to the mast of the ship, to hold himself to his own plan. In the book, Michael Kemp outlines the temptations (siren songs) in the share market, gives some solid guiding principles (the mast) that investors can secure themselves to, and outlines his idea of a Ulysses contract for investing. The temptations include spending too much on consumer items (it's hard to invest if we spend all our income) doing what everyone else is doing (when the crowd is selling, it might be the best time to buy) expert predictions (not worth that much, and can be wrong as much as right) market-timing, ...