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Surviving Inflation: 20 Smart Ways to Invest and Manage Your Money

Surviving Inflation: 20 Smart Ways to Invest and Manage Your Money
Surviving inflation - Dollar bill inflated like a pillow (Photo: Getty Images)

If the cost of living keeps rising, inflation can strain people’s budgets. Many people seek ways to make extra money to assist ease this financial load. Surviving inflation by selling objects that are no longer required or desired is one alternative.

Surviving Inflation: 20 Smart Ways to Invest and Manage Your Money

Surviving inflation – woman holding cash and card (Photo: https://financebuzz.com/)

These are 20 items that can be sold during inflation for more money:

  1. Clothes: You may sell gently used clothing online or at consignment stores. 
  2. Shoes: Similar to apparel can be sold at consignment stores or online.
  3. Handbags: Designer handbags in good condition can fetch a high price.
  4. Jewelry: You can sell gold, silver, and diamond jewelry for money.
  5. Gadgets: You can exchange your old phones, computers, and tablets for new ones or sell them for cash.
  6. Huge pieces of furniture: can be sold at garage sales or online.
  7. Books: You may sell used books online or in nearby bookshops.
  8. CDs and DVDs: You can sell used media products online or at shops that buy and sell them.
  9. Musical instruments: You can exchange gently used musical instruments for new ones or sell them for cash.
  10. Sporting goods: businesses and internet marketplaces accept used sports equipment in good condition.
  11. Collectibles: You can sell valuable and rare collectibles to collectors at auctions or online.
  12. Artwork: Original paintings, prints, and sculptures are available online or at art galleries.
  13. Antiques: You can sell antiques in antique markets or to collectors.
  14. Toys: You can sell used toys in good condition online or at shops.
  15. Bicycles: You can sell used bicycles in good condition online or at bike shops.
  16. Automobiles: You can exchange your old car for a new one or sell it privately.
  17. Used boats may be sold through boat dealerships or privately.
  18. Real estate: Property can be sold to generate a substantial profit.
  19. Services: Pay-for-service options include dog walking and pet sitting.
  20. Products made by hand: You can buy handmade jewelry, apparel, and crafts online or at neighborhood markets.

 

Bottom Line on Surviving inflation

Surviving inflation by selling these items can generate extra cash to offset the inflation-related rise in living expenses. As pricing might differ depending on the item and area, it’s crucial to do homework on the best venues to sell each thing. Selling unwanted stuff is a simple way for anyone to generate extra income as well as surviving inflation.

 

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