Saving Money is a Booming Business

thriftEverywhere you look people are finding ways to save money. A little here, a little there and it all adds up to a lot each month. Saving money means frequenting places and sites that can allow you to get what you need for a lot less money. The old adage ‘one man’s junk is another man’s treasure’ rings true.

Here are some activities and entities that are thriving in this economy.

Thrift shops

The local second-hand thrift shop has come into vogue again. Offering a lot of clothes, used household items and toys for kids are among the more popular items. If you watch closely you can find some good buys on electronic items like radios and CD players and the occasional computer. Also, furniture is an item that can surface from time to time. Major appliances are harder to find and are often snapped up quickly.

Garage and yard sales

This is where some real bargains can be found. The really good items sell out quickly so you have to know when the sales begin and put on your running shoes in order to capture the best things. But of the things that remain, you will find good used clothing and some household items as well.

Classified ads

Although not as popular, classified ads are a good source because they feature just one item for sale. Many times these are the bigger ticket items like appliances and vehicles.

Given the current economic conditions, demand is high for these things and supply can be short, so the down side is that you might find higher prices and less willingness to go down on prices. But it never hurts to ask.

Watch what you buy

Many times, things that are sold in this manner are not necessarily in good working condition. If you are handy you can sometimes fix little things that are bad and put them into acceptable working condition. Some things like car seats for children you cannot buy used because you do not know if they have been in an accident or have been compromised from a safety standpoint.

Sell some things yourself. Community or neighborhood garage sales are popular. Get your neighbors together and set a date. Then, take the opportunity to not only sell things you need to get rid of, but also do some cooking and/or baking to supplement the income. You will be surprised at how easy it is to raise several hundred dollars in just a few short days.

Be aware of what is happening in your community because sometimes there are large sales at local parks or armory locations as well.

Using these and other tips, you can save money on many things that you need for living.

Tags: , , ,


Related Websites
  • Save Time, Money and Space in Over 80 Ways If you're looking for handy gadgets, tools and various items that can save you time, money or space (or all three!) this list of more than 80 top products is just what you need. Everyone's got saving money on their...
  • Best Reads and Impatiently Awaiting Decision on the Big Three Bailout. I'm quite suprised that it's late Sunday night and I haven't seen a breaking news story from Capital Hill saying "Big Three Automakers have secured their bridge loans", bailout loan, or whatever else their lobbyists want to call it. Perhaps...
  • A financial resolution One of my financial resolutions for 2008 is to increase my savings by $4000. This will be a pretty big stretch for me, because I'll be adding that goal to my previously existing goals. (Which are already taking quite a...
  • How to Make Your Garage Sale a Success Have you been hit with the urge to do a little spring cleaning around your house? Would you like to earn some extra cash? If you said, “yes,” to these suggestions, a garage sale is the project for you. In...
  • Links: Comcast Outage and NFL Draft Edition Yesterday, I woke up excited for the NFL draft. It had been heavily publicized for the last two months. I was disappointed to find that Comcast, my cable television and Internet provider, was experiencing an outage. Right before the draft,...

Leave a Reply

Powered by WP Hashcash