Today’s blog post is a question that came up in a recent session of Quick + Simple Clutter Control. I think this is a great question for anyone with a creative hobby. While there is no one right answer, I think we helped Tammy walk through the problem and find the solution for her.
“Aby – I am currently in the process of going back to work full-time, and I am being realistic about the time I have for my stamping and scrapbooking hobby. I would like to downsize my items greatly and keep/store the items that I love and know I will use. I regularly donate a lot of these types of items, but I have boxes of brand new or like new stamps, paper, books, etc., that I have invested a lot of money into. I would like to recoup some of the cost, even a little bit, but they are not selling on Craig’s list. A garage sale won’t work as we don’t have enough other items, and eBay is not an option right now. At what should I ‘take the loss’ versus holding on until later? Thank you! -Tammy”
Here was my reply:
First of all, congratulations on your decision to let some of these things go. I think that is fantastic as these supplies can become an obligation if when we don’t have the time (or desire in some cases) to use them. Your question is a great one. Is eBay not an option because of time? I wonder if you could simplify selling on eBay and still make some cash (and get the items out of your home) by grouping a bunch of products together into a single sale. Another idea might be if you have friends that scrapbook, could you hold a house sale as opposed to a big garage sale? It sounds like for most other items you have a good feel for when to take the loss and donate as opposed to having a sale to generate money. There’s something about these particular items that are different for you — most likely the fact that many of them are new. I mention this because there really is no universal answer for “this is the time to take your loss.” It’s really about you getting to that point…and feeling good about it. The truth is that the loss has already been had. The money you spent on those supplies is long gone. So now your choice is to add time to the supplies to possibly recover some cash. But, the supplies don’t currently have value sitting in your home. It’s only when you add your time to them that they could provide value to you, and that’s if they have a willing buyer. It sounds like time is even more in demand now that you’re heading back to work.
So here are the questions to ask yourself: Is it worth investing your time to sell the items now? Do you want to hold onto these things for even longer until you do have the time to sell them on eBay? Do you anticipate when that would be? Will the supplies be dated by that point in time? ~ Aby
But the conversation didn’t end there. In our workshops, the participants share some incredible advice and encouragement in the forum. Here are a few other suggestions that Tammy received on this topic.
- One scrapbook store in our city has a garage sale once a year where they rent tables to customers to sell their unwanted scrapbooking/craft items. It draws customers who are looking for those items at a fraction of the new price. I have several friends who go in together to rent a table and sell unwanted items and they have done quite well. You may want to ask around to see if there is an option like that where you live.
- A group of my scrapbooking friends get together once a year with things they no longer want and have a “party sale.” Each brings her own things to sell, sets them up in the host house, and lets others shop. Everyone brings snacks to share and has a great time while “shopping”.
- Some children’s consignment sales in our area have a Mommy’s Mart section with everything from home decor to scrapbooking supplies being sold. I have seen a lot of these items being sold and bought at these sales.
Did Tammy take our advice? Here’s what she reported back to us:
“I think hearing from you, Aby, that the financial loss has already been had has made a difference in my perspective as now the loss is time, which come next week will be greatly limited. It also greatly resonated with me that my items are more than likely outdated, even though I still like them. I am already making movement on this issue! I purged a ton of paper and embellishments to donate, and I already feel like I weigh less. Through the purging process I realized I am most torn about giving away the brand new stamp sets so I am going bundle them to sell on Craig’s List first and then Ebay if that doesn’t work. I am also going to sell a beautiful gatefold album with matching papers that I have been harboring for some unknown purpose. That will help me have more ‘space’ to breathe as well. Thanks again, Aby, for your insights. I am moving forward. ~ Tammy” How about you? Are you able to let go of the creative items that don’t hold value to you anymore? Could you use a little help in organizing and storing your scrapbooking or crafting goodies?”
I’ll have a lot more to say on this at the Spawn of True Scrap event later this month. Come join me!
What practical and great ideas. Thank you for sharing. I totally need to do this with my fabric stash. ha. Another idea is saving a few favorites to gift to friends who also scrapbook. 🙂
What practical and great ideas. Thank you for sharing. I totally need to do this with my fabric stash. ha. Another idea is saving a few favorites to gift to friends who also scrapbook. 🙂
What practical and great ideas. Thank you for sharing. I totally need to do this with my fabric stash. ha. Another idea is saving a few favorites that you don’t want to donate to gift to friends who also scrapbook. 🙂
I was reading somewhere that unused ice cube trays can be used to organize some of your things.
I thought to myself what in the world will fit in those little sections?
After reading this and looking at the picture I realized buttons, pins, needles, anything microscopic basically! Perfect for scrapbooking!
I am so sorry about the multiple posts. My computer was freaking out. Please feel free to delete them. I can’t seem to figure it out.
I sell on eBay and therefore have a hard time purging stuff b/c I feel like I could make a few bucks off of it if/when I get to listing it. One thing that helps me is to donate to a thrift in my area that benefits animal rescue – something I’m passionate about. I’m quite happy to be able to give them things that aren’t worth the time and effort to sell on eBay but that I know will earn them some money for their cause.
I sell on eBay and therefore have a hard time purging stuff b/c I feel like I could make a few bucks off of it if/when I get to listing it. One thing that helps me is to donate to a thrift in my area that benefits animal rescue – something I’m passionate about. I’m quite happy to be able to give them things that aren’t worth the time and effort to sell on eBay but that I know will earn them some money for their cause.
I love to scrapbook but recently, I dealt with the same issue with my scrapbook supplies. I looked through my scrapbook supplies and examined what I really used and didn’t use in my scrapbook and got rid of the supplies I didn’t use. I recommend to my clients, “If you can’t find a supply in your scrapbook collection, you need to weed through it and get rid of some supplies so when you are creating a page, you can enjoy the process and not get frustrated because of a lost item.” Selling or donating it to a Girl Scout Troop, for example, are great ways to help spread the scrapbook enjoyment. Thanks for sharing.
I sell items on Ebay. For the most part if I feel an items has monitary value that exceeds fees and shipping than it is worth my time to recoup some of the $ I have lost when buying the item. In some ways I have seen that it balances out.
I haven’t sold many scrabooking items in a while but I know there are things out there that I want and hope to find on ebay someday. I have bought some rubber stamps that I have wanted on ebay before. For the most part I think that the things will go to a happy and wanted home. Paper and other items I would donate to a school or charity. Some items I have thought about giving to groups that give cards to military as I know I would never make them for military.
An example I have is I have lost weight. I had bought 2 pairs of jeans. Wore one and never wore the other pair. I was able to sell both pairs of jeans for about what I had paid for them so to me it was worth the time and effort to get these jeans sold and my pocket book was appreciative of the $ I made and was able to reimburse from earlier…
I had an “ah-ha” moment reading your post! I closed down my scrapbooking business over a year ago, and thinking about all of the money spent on the supplies I couldn’t just get rid of it so I’ve been holding onto it all, most in boxes never opened!! But I now realize that it’s money I’ve already spent, and that the loss has already been had.
I am now trying to simplify my life and let go of some of those things I have been holding onto. And the supplies are taking up valuable real estate in my home that I must claim back.
Reading this post also made me re-evaluate what I will try to sell and what I will just give away. One thing I will also try is grouping items to sell, that way I hope to have an easier time to sell them. I am also looking at the option of donating partial proceeds to charity.
Thank you! Ann