7 Items You Don't Need Anymore That You Can Turn Into Some Extra Cash

In a financial crunch, most people will take money from anywhere they can find it. Before going into debt, consider using some of the assets you already own. Chances are, there are things you own and no longer have a use for that do have some value. Below is a list of seven such items.

Scrap Metal

If you have owned motor vehicles and a garage for a period of years, chances are you have amassed some scrap metal. Instead of taking it to the dump, sell it to a scrap yard. This is a quick way to get some cash instantly. Consider letting family and neighbors know that you are taking a trip and offer to get the scrap metal off their hands for even more cash.

Jewelry

While jewelry may look nice, it isn't always a necessity or in style all the time. Authentic jewelry holds monetary value that you may not even be aware of. For example, old jewelry that was handed down to you by family members are often worth much more than you think. You can get money from the gold in unwanted jewelry, no matter how out of style it is. If you need money fast, one great idea is to take some of the jewelry you own to pawn shops in DC. Pawn shops will typically buy old jewelry for a great price. 

Collectibles

In the past, you may have collected things like baseball cards, figurines or comic books. Whatever the case, these items don’t have a lot of extended use. Most people, for example, only read a comic book once. Consider selling these items on online auction websites to convert them into their cash value. Chances are, someone will find them valuable and be willing to pay a good price for your collectibles. Ebay is a great place to sell your collectibles and get the most money out of it, since people can bid however much they want, and you get to choose the starting bid. 

Old Computers

One thing that must be constantly replaced is your computer. However, what you may not know is that even computers from the 90’s or 80’s are still valuable today. There are many collectors out there as well as stores that allow you trade in older models for part of the price of new ones. You can even sell certain parts of your computer for quick cash. People are always looking for specialized parts to finish their projects or build a new computer.

Sporting Equipment

Most people go through stages where they try out new sports they quickly abandon. They may have spent a lot of money on things like skis, tennis rackets or golf clubs. If this is a case, turn these items into cash. Many people are looking for lightly used sports equipment to find better deals, and you can sell them for a decent price. 

CDs

If you have a computer with a CD drive, you have the ability to back up all the CDs you have on your hard-drive. After doing so, sell these CDs to a music store or through an online retailer. While they may seem outdated, you can still get some extra cash from them. 

Baby Items

After your children grow up, chances are you’ll no longer have a need for things like cribs and baby toys. Instead of letting these take up room in your home, trade them for other things you may need with couples that have or are expecting children. You could also sell them online for a quick and easy way to make extra money on the items you don't need anymore.

Overall, there is no reason to take on a loan you won’t be able to pay off if you haven’t made true use of the assets you already own. There are likely to be many valuable items in your home that you no longer use. Get creative and find ways to turn your unwanted items into quick cash. You should also consider selling old items at a yard sale or online.