How to Clean Out Your Closet and Make $2000
With summer nearly coming to an end, it’s time to start focusing your clothing on the new season ahead, which means a major shift in your wardrobe and a seasonal closet cleanse. To ensure you’re ditching the right items, we tapped Linda Lightman—the millionaire behind eBay’s largest clothing and accessories reseller, Linda’s Stuff, and host of ABCd’s new show I Can Find $3000 in Your Home—to share the smartest way to clean out your closet.
According to Lightman, the average woman probably has between $1000 and $2500 worth of clothes, shoes, and accessories that she could sell and never miss. “A woman’s closet is a total gold mine,” says Lightman. “Our research found that most people wear about 20% of what’s in their wardrobe nearly 80% of the time. Which means most of what we have in our closets is basically money we can put back in our pockets. For instance, most women have 11 pairs of shoes worth about $600 that they never wear—why hang on to them when someone else would gladly pay you for them? Sell what is about to be in stores now. The key to getting top dollar is to sell your items at the right time of year.”
What are the best items to part with right now? “August is the perfect time to sell early fall items like jeans, sweaters, and boots,” advises Lightman. So if you’re getting ready to clean out your wardrobe, take note of the categories Lightman suggested and you’re sure to earn a little extra cash to save or splurge on a special new item for fall.
Keep your wardrobe tidy with our favorite closet organizers below!
Keep your closet organized by storing smaller items in nice, neat boxes.
Invest in slim hangers and you’ll suddenly create tons of space in your wardrobe.
This basket is great for storing chunky items like knit scarves and sweaters.
Put your best shoes and handbags on display with these clear storage boxes.
What’s the most you’ve ever made for your preowned items? We want to know in the comments below!
Opening Image: Sincerely Jules
Cher
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What's the fashion essential you can’t live without?A great pair of high-rise skinny jeans.