It's a start!
March 31, 2013 9:48pm CST
It's just been over a week that I've started selling clothing and my sons toys etc on an online yard sale page on Facebook and I'm happy to say that I've managed to make $81 so far. It's a small amount but it's a start. I will applying anything I make through this to our outstanding debt. What do you do to help pay off debt? Work another job? sell used items?
1 Apr 13
My husband is against selling our old gadgets and other things at home. Once he told me we will be buying a smaller bed so that we could save space in our room. I told him we should sell our current bed first so we would have the money to buy for a new bed and won't need to get the budget to our savings. I don't like the idea of buying a new one then we will be just be putting the old bed in our stockroom. But he insisted that he doesn't like selling things. I think that it is not practical and wise. I like what you did because selling used clothings and toys can not only help you earn money from it but it is also a good way of maintaining the cleanliness of our homes. I do online jobs if I need extra money but mostly, it is only to pay for some purchase online. To pay for my debts, I usually apply for a loan in our office because it is usually has a low interest and long terms of payment. But if only I could sell those old items I have, it could definitely help us to pay even a portion of our debt so I think you are doing well for a start. Because unlike selling used items, applying for loan is still a debt. You still need to pay for it.
• United States
1 Apr 13
What you've said makes a lot of sense to me. If you want to upsize or downsize, its best to sell what you currently have and then use that cash to buy a new one lol Funny how men think differently aye? The last thing I need is more debt so I won't be looking at another loan to pay of this debt. It will only make things worse in my case but if it works for you, then great! :D Once it's all paid down, it's cash from here on in. All credit cards have been cut up. One day at a time :D
7 Apr 13
That's awesome! Once you start focusing on paying down debt, you'll find lots of little things do add up. We are basically out of debt - it took us about 4 years, and I threw everything I could find at it. The $10 and $50s really did add up, though - looking back, I can see how I made these little payments did make a difference.