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Finance For Dummies

Finance For Dummies offers personal finance information on investing, retirement investing, finance, insurance, credit cards, loans and more. Personal finance education is our goal.

Wednesday, October 04, 2006

craigslist and eBay shopping

Many might think buying other peoples' used stuff, but eBay and craigslist can help you save hundreds, if not thousands of dollars on things you need.

For example, my wife and I just bought an armoire off of craigslist. The armoire was high-end and custom-made. The owners no longer could use it. The piece was originaaly priced between $2,000-$3,000. We got it for $300. There is a minor things from wear and tear, but no one would know we bought it used if we did not tell them. Now moving the armoire took three of us 45 minutes to get it to my second floor apartment, but it was well worth it.

Another example is that I had put off for years getting a filing cabinet because they are very expensive sometimes. Well I decided to check craigslist and got one used for $25--I just had to pick it up. Retail it would have gone for around $150.

eBay is similar in savings. You have young kids and they go through clothes in weeks it seems. Buy some used baby clothes off eBay and save 50% on clothes that would only be used for a couple months before their use was gone.

Little things like this can save you money that you can put towards retirement, a home or investments.

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