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Rummage Sale or Tax Deduction

April 13th, 2011 at 11:15 am

I want the money that a rummage sale can bring me, but then I think of the fact that if I donate stuff all I have to do is enter it all into the excell spreadsheet that I use for the donations and then drop them off.

We have spring clean up this week. I am actually put some things that I was planning on putting in the rummage sale out on the curb.

I am pondering a few more things. I am really really thinking I like the donation idea right now so I can get some space.

It is spring, the grass is starting to grow. Actually I should say the crab grass is starting to grow. SO I went to Wal-Mart, I purchased Scotts Fertilizer with Crab grass preventor. I also purchased a Blower/Vac. I needed this to blow the gravel off the grass in the boulivard.

I asked BF if any of his co-worker had a blower, they did not so, I purchased one. Now I have it for the annual spring cleanup.

2 Responses to “Rummage Sale or Tax Deduction”

  1. creditcardfree Says:

    Personally, I think it works out to be about the same amount of savings either way, unless you have large items to sell, or are in the higher tax brackets. Of course, you don't see the deduction until next tax season.

    What do you really want to spend your time on this season? Personally, I want to hang with my family, so this spring it all gets donated at our house.

  2. CampFrugal Says:

    I would do a rummage sale first, reap the rewards from that, then donate the rest and reap the credit from that. You can have it both ways. And, you could use the extra income for summer fun.

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