One thing that those who are truly financial stable and prosperous often learn is that it’s not a good idea to put all their eggs in one basket.
Granted, they might have one source of income that serves a primary stream of money for them, but many who are well-to-do actually focus on keeping a minimum of three streams of income. More than that is just too much to keep track of, but three is a good tripod to rely on.
If you’re looking for a secondary or tertiary income stream that doesn’t take much time, look at eBay.
This auction site is an Internet classic, but it’s also an e-commerce powerhouse. Even when sites like Amazon have come along, eBay is still a place of buying and selling, and there are 4 easy ways to make money when you’re an eBay seller:
1) Clean your home
You might have done this already when you started doing eBay, but it might be a good time to do it again. On the other hand, if you’re just starting out, it’s a great starting point.
Go through your drawers and your cabinets, your closets, your attic, and your garage. If you have outside storage or a rented storage locker, comb through it too. Find anything and everything that might be valuable on the used consumer goods market that you no longer need or want, and list it on eBay.
It’s a surefire way to start getting reviews and feedback that you sorely need to earn trust in this marketplace, especially since buyers and bidders are willing to spend more on sellers with five stars and more than a hundred feedback under their belt.
2) Buy collections or sets and sell individually
In terms of collectibles, it’s sometimes possible to buy an entire collection or set of something and then piecemeal it out, selling the items one by one.
Collectible card games like Magic the Gathering come to mind, but you can do with dolls, stamps, lots of books, and anything else that is sold both collectively and individually.
Check your local Craigslist often for someone selling off another person’s stuff just to get rid of it. An ex-girlfriend or angry mother selling off a guy’s video game collection isn’t going to know what games are worth or want top dollar.
3) Make a weekend habit of getting around
You should be getting up early every Saturday morning and hitting every yard sale you can, looking for diamonds in the rough.
It’s also a good chance to buy things that sell well, like baby stuff and children’s clothes. Also go to estate sales. Save trips to Goodwill or related stores for Sundays. The weekend donations have likely been processed and put on the sales floor by then.
4) Clear out clearance shelves after Christmas
Some holiday decor, ranging from artificial trees and premium lights to inflatable yard decorations are marked down half to 90 percent after Christmas Day itself.
Snag what you can and hang on to it until August, then list it again. You can come in under the prices of new equivalents but still quadruple your money, provided months of storage didn’t cost you anything.
Whether you’re just getting started out on eBay or a seasoned veteran of auction listings and ‘buy it now’ options, each of these 4 ways is a path to easy money.