Introduction:Whether it is to make money or save money, as if there is a difference, dumpster diving can increase your net worth. It isn't a get rich quick scheme, but dumpster diving can bring in extra money each time you go. There are a few tips that can help you increase your profit margin.
Always keep your eyes open for freebies everywhere. Whether it is free furniture next to the curb or sign that reads "Free Stuff," opportunities are everywhere.
Familiarize yourself with your area. Learn the "good spots" for picking up treasures. Apartment complexes, high-end neighborhoods and retail store dumpsters are usually great places to find items.
Think refurbish and re-purpose. Think outside of the box, always asking if a fresh coat of paint or a good washing will make your find more valuable. Remember there is always more than one way to use an item.
Know what your local market is looking for when selling your dumpster finds. Look through the newspaper for "items wanted" and dumpster dive according to those needs.
When selling your dumpster diving finds, set the prices accordingly. Always remember that all you spent on the item was a little time and effort, maybe some gas money. Check garage sales, flea markets and such to see how much they are getting (not asking) for similar items.
Whether you use your dumpster diving treasures for yourself or sell them for profit, there is money to be made and saved. Keeping an open mind to what you find and how it can be used is key to making and saving money.
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