Donate or Sell: 5 Benefits of Donating vs. Selling Your Stuff

Is your closet bursting with clothes you never wear anymore or maybe have never worn to begin with? Are old books that you haven’t cracked opened in years practically falling off of your bookshelves? More than likely, there are numerous things lying around your house that haven’t been used in quite a long time, most of which are probably in fairly good condition.

With websites like Craigslist and Tradesy, selling your unused items has never been easier (when you finally feel ready to let them go, that is), and when money is tight, selling these items seems like a better option than donating. There are, however, several benefits to donating that might convince you otherwise. Feeling skeptical? Keep reading.

1. It’s tax deductible.

It’s true: you can still get some cash by donating your goods! By donating money or property (i.e. clothes, school supplies, household items), you can claim a deduction on your tax form, which in turn can lower your tax bill. To qualify for this benefit, you must be eligible to itemize your deductions.

2. It’s hassle-free.

Think about the complexity of selling a car. When you donate a car, you don’t have to worry about negotiating its trade-in value. You don’t have to meet with several potential buyers who are anxious to get the best deal. All you have to do is simply give it away. While selling a coat, for example, might not be as intense as selling a car, you can still avoid the smallest of hassles by donating.

3. It benefits society.

We may be stating the obvious here, but think of it this way: is your old, still-in-somewhat-fair-working-condition laptop really worth that much? A new education center or other small, self-starting charity might benefit more from a donation than you would the sell. (In fact, several of our nonprofits are currently in need of used computers – if you can help, donate here!)

4. It keeps you connected.

Donating to charities in your area can keep you well connected in the community, helping you keep up with local organizations and what they’re fighting to improve. Who knows? You may find an organization that you’re extremely passionate about, giving yourself a new hobby and the opportunity to meet new people who feel the same way.

5. It feels good!

Donation is a free way to feel great. Just knowing that your old rain boots or unopened box of crayons might help someone in need is something you simply can’t put a price tag on. Oh, and it’s proven that it can make you appear more attractive.

The next time you come across an old item in your home that you’re not benefitting from, think about how others in your community could benefit from it. While selling it could earn you a few extra dollars, the feeling of donation is truly priceless.

4 Comments

  1. Liz said:

    Want donate…. Do you pick up…

    August 13, 2014
    Reply
    • Liz, If you’re in the Chicago or Dallas area, visit zealousgood.com/give and post what ever you have to donate. We’ll do our best to find a non-profit who can use it and can pick it up!

      Thanks!

      August 14, 2014
      Reply

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