Recession Trend: Garage Sales

Everyone from Michael Jackson to your next door neighbor is doing it – they’re throwing garage sales left and right. Those who are down on their luck are selling their belongings so they can keep the lights on. We recently talked about the art of haggling your way into a good deal at the store and a garage sale is the perfect place to practice your negotiating skills.

The recession garage sale is really a win/win situation. Can’t finance a new wardrobe? Get rid of your old one with a well-executed yard sale and you’ll make enough extra money to justify a trip to the mall. Better yet, don’t go to the mall. Find out if any other garage sales are happening near by and do some browsing. Can’t hurt, and you just might end up spending five bucks on a designer handbag or belt.

In fact, according to, now is the best time to have a garage sale. Why? Everyone has shaken off the winter blues and are out and about, enjoying spring and yes, spotting yard sales. And if you think garage sales are “in” right now, just wait until summer. People tend to clean out their closets in spring and then wait until summer to lay their clutter out on the lawn – so if you set up shop now rather than later, you’ll stand out.

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  1. Target-Addict says

    I don’t really think this is a recession-trend.  Garage sales have been on the upswing for several years now as part of the “green movement” and recyling (or letting others buy/use) your stuff rather than putting it into a landfill.  And those of us who are smart with our money have known for years that garage sales are a great way to find real deals (as a buyer) and make some quick cash (as a seller).

    All that said, another tip is to find community garage sales in your area.  Many cities/towns have designated “garage sale days” in the Spring when whole blocks or neighborhoods hold garage sales on the same day.  This is especially great for buyers as you can hit a bunch of different sales in the same area all at once.

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