Spring cleaning 2022 ~$2,000 in free cash

Spring Cleaning: Selling Unused Items

Overview

I'm in the process of decluttering my space and making room for things I truly value. I've identified several items that I seldom use anymore, and I've listed them for sale. While selling electronics often means taking a hit on their original purchase price, it’s a step towards better financial management.

Items for Sale

Here’s a breakdown of what I’m letting go of and their respective prices:

Victorinox INOX watch - $300
Swatch - $400
Timex - $170
Tiffany Ring - $250
Tiffany Bracelet - $200
iPad (2018) - $150
GoPro 5 - $150
Switch Lite - $125
PS4 - $175
Fire HD8 - $25
Sansa Clip - $40
Anker Speaker - $15

Financial Summary

Total Cash from Sales: ~$2,000
This total represents about 60% of the original value of all these items.

Reflection

While it stings to see how much tech depreciates, especially selling electronics for less than half their original value, I recognize the worth of the experiences I had with them. Both the Switch Lite and PS4 were enjoyable, and I got my money's worth in entertainment.

Key Takeaways

Evaluate Spending Habits: The process has made me rethink my spending. Buying items that I don’t end up using only leads to regret and loss when I sell them.
Quality Over Quantity: It's better to invest in a few things that I truly want and need, rather than accumulating items that become clutter.
Experimenting Wisely: Occasionally, it’s worth trying lower-priced items to see if they’re something I would use long-term. This can help guide future purchases of more expensive alternatives.

Updates

12/4/22: Added more items to the sale, having spent over $1,200 on new items this year.
12/25/23: Learned that it’s often more profitable to avoid buying things that will likely depreciate in value when reselling. This year has been about focusing on what truly matters to me.

Final Thoughts

This decluttering exercise has not only helped me clear out unused items but also given me a fresh perspective on how to approach my spending. Moving forward, I'll be more mindful about what I bring into my space!

Comments

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