Your baby’s college fund starts with your clutter and Gumtree. By regularly selling items you don’t have a use for, you can actually start a healthy education fund. If you are able to put R1000 into a high interest account every month, in 18 years you will have accrued over R270,000 to put towards your baby’s education.
“A thousand rand seems like a lot, but once you start sorting through your home – bicycles, tricycles, old cell phones, playmats, furniture, kitchen appliances – you will soon find that you have much more “cash” than anticipated,” says Cobbledick.
Parenting is pricey. According to RBA Homes, a child finishing high school in 2032 will need at least R150,000 to complete their first year of tertiary education – and with most parents tightening their belts in light of the global recession, rising inflation and the increased cost of living, it can seem as though there is nothing left at the end of the month to put away for the future. The prospect of planning for an education down the road is even more daunting in the first few years of your baby’s life, when you have to constantly stock up on new furniture and goodies as baby reaches new milestones.
However, there is a way of getting a bit of extra cash every month. “There is a simple trick to live by. Don’t use it? Sell it,” says Claire Cobbledick, Head of Marketing for Gumtree South Africa. “Over time, you are going to buy tons of items that your baby will outgrow in a matter of weeks or months. Most first time moms will admit they bought tons of stuff that was never even used to being with. Why not sell it online and make extra cash?”
A recent poll by Gumtree South Africa showed that 7% of visitors to the site are still holding onto cots that their children have outgrown, while 18.35% have heaps of baby clothes stashed in the back cupboard that they have no use for. “When we asked our users why, most of them said it’s due to sentimental reasons – or because don’t think these items have any monetary value once used,” Cobbledick explains. “But over 150,000 unique browsers visit Gumtree’s Baby section every month, looking for the things you probably have stored at the back of your cupboard. Compactums, nappy bins, support seats, cots, clothes – you name it, you can find a buyer for it.”
If you aren’t sure what your old goods are worth, it’s easy to use online price checkers, such as the Gumtree Kids’ Stuff Price Guide. “These guides will show you the average selling price for common items, like Sporting Goods or Cellphones. That way you can keep up the practice of Don’t Use It, Sell It throughout your child’s life – particularly when they start picking up (and abandoning!) dozens of hobbies.”
Anyone can start selling on Gumtree. “It’s easiest to download the free app – snap a picture, write a description and start receiving offers via instant message or email right away,” says Cobbledick. “Get into the habit of regularly doing clear-outs with your kids. They will appreciate that looking after things means they retain value and will enjoy setting “sales targets” with you!”
Gumtree is giving 3 of our very lucky readers a Hisense Glory U939 smartphone worth R999 each!
To stand a chance to win one of these gorgeous phones, you have to do the following:
- COMPLETE THIS 5-MINUTE SURVEY on what unused things you have lying around your house. This survey needs to be completed only once to enter, only one entry will be counted
- Like Tums 2 Tots Online Magazine and share the competition
- Complete the entry form below
Please be sure to read our competition terms and conditions.
The winners will be announced on Monday 15 Febraury. If we are unable to reach you before midnight on Sunday 21 February, another winner will be selected.
*This competition is sadly only open to those currently residing in South Africa