Sell Your Shoes

Do you need cash?

The LA Times reports that people are selling their shoe collections to pay for weddings, car repairs, and bail money. Many are in a cash crunch right now. At the time of this recording, 60% of Americans didn’t have enough savings to cover an unexpected expense of $1,000. The sneaker resale business earned millions of dollars in revenue last year from people unloading their collections.

Now if you’ve been hit hard by the economy, look at what you can sell. You might not have a sneaker collection to offload, but you have something. Try Facebook marketplace, Craigslist, or eBay. You may be surprised at what someone else is willing to pay for! 

 For free help managing your money, download “5 Steps For Starting a Crisis Budget” at crown.org.