Whether you’re rolling in dough or trying to make ends meet, it’s always nice to find some extra cash. If you’re like most people, chances are pretty good that you’re sitting on some cash you don’t even know about.
Check out these 10 surprising sources of hidden income that could be lying around your house!
Search For Change
Just combing through the house (think drawers, pockets, closets, etc) you’ll be amazed at what you can come up with! Don’t forget to check under furniture, old purses, coats, under cushions and even your washing machine.
Sell Your Extra Stuff
Do a detailed inventory of your home and make a list of what’s not being used. Even small things like books and toys have some value. Once you have gathered your items decide the best place to sell them. If it’s a higher valued item, try to sell it on Craigslist. If you have lots of small things, have a yard sale and price them to sell.
Find Unclaimed Funds
Forgotten Savings Bonds
Savings bonds are a common baby gift, but they can take decades to mature which means they’re often filed away and forgotten. The Department of the Treasury estimates that billions of dollars in savings bonds have stopped earning interest but haven’t yet been cashed in. And each year, more than 25,000 bond payments are returned to the Treasury as undeliverable.
Ransack Your Attic
Clothing in good condition from retro-hip eras like the ’40s, ’60s, or ’80s will sell. Baby boomer toys in imperfect condition are also worth selling because of their nostalgia factor. Individual leather-bound books, especially of the classics, and LPs by jazz greats or by bands that were popular in the 60s, as long as they’re in good condition and in their original sleeve, are also good sellers.
Sell Your Junk
If you have old appliances or scrap metal sitting around, take it to a local scrap yard and turn it in for cash. The heavier the metal the more money you’ll make. Make sure you call first to find out what types of metals and appliances they will accept. Tools also sell particularly well because they’re easy for buyers to carry home and pricey when purchased new.
Even if it has been months and you can’t find the original receipt for that silk blouse you bought but never ended up wearing, many retailers have no time limit for returns—and if you’re missing the receipt, the retailer can usually verify your purchase with your credit card.
Forage For Forgotten Gift Cards
Did you know that most gift cards never expire? That means that all those gift cards you may have hoarded over the years are still valid, and can be used to pay for things instead of spending your hard-earned cash. I personally found SIX forgotten gift cards recently just by going through my old purses!
Put A Hold On It
If you’re strapped for cash for a unexpected car repair, etc…some companies will let you temporarily put services on hold. Some of these are your cable, home phone or even cell phone services (check with your provider). The money saved from putting it on hold you can put towards your immediate need.
If you’re a homeowner and have a spare bedroom that’s not being used, consider renting it out. You could also consider renting out your whole house for a week. Sites like airbnb.com are great places to list your home.
Have you found any treasures around your home? Let’s hear about it!