Garage sales and yard sales are a great way to make extra money if you need a boost for your personal finances. Better yet, when you get rid of all your extra stuff, you make sure you won't send up on the "Hoarders" TV show.
Here are some tips for having a successful garage sale. Follow them for the best chance of boosting your bank account and clearing unwanted items out of your house.
Have your garage sale on the weekend. The prime days are Saturday and Sunday because most people are off work.
See if your neighbors want to join you. Multiple garage sales on the same block helps draw more traffic.
Run an ad in the newspaper, then put up signs on the day of your sale. If you put them up the night before, be aware that you might be besieged by early birds, despite the listed dates and hours. If your merchandise is set up, it's up to you as to whether you want to let them look early.
Create attractive displays. It's much more appealing to customers to see neatly folded clothes than to be expected to root through a huge, messy pile.
Group items by price. It's hard to price everything individually, so use tables to separate your merchandise. For example, have a table or box for $1 items, a table which everything is $5, another for $10 merchandise, etc.
Give unsold items to charity. Otherwise you're just bringing clutter back into your home. You're always going to end up with leftovers, so accept that and arrange a charity pick-up for the day after your sale.
Check out more of my personal finance articles in my Personal Finance column.
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