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Donating Household Clutter and Taking a Tax Deduction

Family Balance Sheet

I've been tackling clutter since January and I had the boxes stacked in my garage to prove it. While I love the instant cash that you can get from a yard sale, this year a tax deduction will have to do. It's been awhile since I've taken a tax deduction over having a yard sale, so I did a little research. Household items.

Donation 100
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Ways to Make Do With What You Have

Prairie Eco-Thrifter

Donate good clothing you really can’t use to a non-profit and bank the tax deduction. Use the life out of all your appliances, but save up enough money to replace them quickly if they are nearing the end of their lifespan. Pass down serviceable clothing from child to child. Use up your food. Plan uses for your leftovers.

Making Do 219
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Things I’ve Learned During 30 + Years of Home Ownership

Prairie Eco-Thrifter

As a child and teen, I painted (inside and out), mowed and trimmed, punched holes in concrete to install decorate iron railings, worked with hand and power tools and helped my parents do everything from putting up a garage to putting up storm windows. When I go to garage sales, I see folks selling nearly new home decorations for a pittance.

Home 100
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Needs vs. Wants

Prairie Eco-Thrifter

Two car garages. With the two income household came the need for more than one set of wheels and consequently the desire for multiple garages. Yes more folks work from home these days and the tax laws encourage setting aside a space to dedicate to a home office. We still just have one at our house though. We have three.

Phones 204
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10 Reasons You’re Broke

Prairie Eco-Thrifter

If you make $50,000 a year after taxes and spend $60,000 a year, your finances are going backward. You go weekend e-baying, garage-saling or to the flea markets. In one month every single appliance in our house broke from the stove to the washer to the toaster. You are spending more cash than you are bringing in.

Money 203
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The Best Time to Buy Anything During the Year – Details

Coupons Do Work

Earth Day: Natural and organic foods and personal care products, reusable bags and water bottles, Energy Star appliances, CFL and LED lighting. Other Items on Sale: Last-minute cruise deals, discounted gym memberships, end-of-fiscal-year electronics, tax discounts, and secondhand items at garage sales.