Dolla, Dolla Bills Y’all

The word “shopaholic” originated in the 1980’s. That fitting, since I was born in that decade. I admit I often buy stuff I don’t need. My weight fluctuates every year, so I end up buying clothes to accommodate my changing shape. I typically do a closet purge every spring in preparation for our neighborhood yard sale to squabble with people who think $3 for an Ann Taylor blazer is too expensive. I more recently started using two websites to earn money for my old clothes, and I’ve had overall positive experiences with both. If you’re looking to reclaim some closet real estate and earn extra cash, read on.

First up is Poshmark. I saw the app advertised on Facebook. You can download the free app on your iPhone or Android, or create an account on their website. Poshmark created a community where people from all over the country buy and sell clothing and accessories. Poshmark keeps a percentage of your “closet” sales, but they cover shipping costs, offer buyer protection, and cover shipping on returns. Selling on Poshmark takes some time to navigate, including taking pictures of your items, adequately describing them, researching retail cost, and then assigning your sale price. Buyers can make offers instead of buying items for your list price; as a seller, you can counteroffer or ignore any low-ball offers. It took me a couple hours, but I uploaded my maternity clothes, a few purses, and a couple other items I had not worn in a while…and earned $260 so far. You can use that money to purchase items from other Poshmark sellers or transfer it straight to your bank account. Most of the money went to my checking account, but I took advantage of awesome deals on a pair of LuLaRoe leggings and an Anthropologie top.

If you want to try Poshmark, download the smartphone app and sign up with the code JKQLF. You’ll get $10 to spend!

Next up is ThredUp, a online consignment boutique for women, maternity, and kids clothing. You can order a free Clean Out Kit from their website. A few days later, a huge green polka dot bag arrives, and you fill it with your gently used but defect-free clothing. ThredUp covers the shipping cost of this beast package and will closely inspect your clothing upon its arrival. They keep approximately 40% of items they receive. What they do not keep, you can select they return those items (you pay return shipping) or have those clothes donated or recycled. I did not count how many items I sent in my first bag, but ThredUp kept 30 items and paid me $70. Like Poshmark, you can use that money to shop from ThredUp, or have the money transferred to a PayPal account.

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Give ThredUp a try by creating an account here, and get $10 to spend. There are detailed videos and information about selling to their organization there, too.

Guess who is not yard-selling this year? This gal.

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2 thoughts on “Dolla, Dolla Bills Y’all

  1. I’m about to try Thredup for the first time. Glad you had a good experience. My sister introduced me to LetGo and Offer Up apps – I’ve never bought or sold clothes on them, but I used them a lot when we moved and needed more furniture but didn’t have a budget for new stuff.

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    • I have not used ThredUp much since I wrote this…last time I wanted to send a bag, they were going to charge me $8 for shipping. But for a buyer, the deals are amazing. Now I sell everything on Poshmark. I made over $1,500 on Poshmark since last March–way more than I’d ever make at a consignment store.

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