How selling pre-loved baby items helped us open a mutual fund?

Oct 22, 2016 | Money Matters

IDLE RESOURCES TURNED MUTUAL FUND INVESTMENT

I was moved by this story that I’ve shared on my previous post. So I began checking our idle resources.

Read: Idle Resources Turned Blessings 

As a newbie mom, I love buying cute items for my son when he was still a baby, being a first time parent, I’m always excited to get something new for him.

But since babies grew up so fast, many of his clothes doesn’t fit him anymore, he is not into rattles nor play gym now so even outgrew his baby toys and books.

Until I thought of selling his pre-loved baby items online – in a mommy’s Facebook group and in buy & sell websites. 

pre-loved-stuff-mutual-fund-investment

It is one of our financial goals this year to open a new mutual fund investment for our son. We’re thankful that God opened a door through selling pre-loved items, we’re able to start it now.

Sharing with you some tips in selling your pre-loved items online:

  • Schedule your de-clutter day 

Separate your items Donate, Keep and Sell.

 

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Little Zee boy happily sorting his toys that he can now donate (By the way, Museo Pambata is now accepting toys and books donations for Christmas Gift Giving)

 

  • Join Facebook Groups that caters buy, sell and trading of items and websites too

Examples are Shoppee, OLX.ph, TBTM Mommy Club and more

 

  • Take a good photo of your pre-loved items

Make sure your photo can make the buyers appreciate the item, be honest in selling too – admit if there are flaws due to storage if there is any

 

  • Follow the rule of thumb , sell at least 50% off the original price

Give other moms an opportunity to get best deal items from you, give freebies as much as possible.

 

  • Separate the pre-loved items earning from your budget

You should have a clear goal too when selling your pre-loved items, in our case, we wanted to use it to open a mutual fund for our son.

 

WHERE DO I GET OUR MUTUAL FUND?

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And yesss! We are thankful that for a minimum amount of Php 5,000 you can open a mutual fund account in Sun Life Financial PH.

If you are not that knowledgeable about Stock Trading and you wanted to grow your money, mutual fund is a good choice.

Your Sun Life Financial Advisor will let you take an investment questionnaire to recommend the kind of investment that suits your investment character.

If you are interested, I can connect you to our Sun Life Mutual Fund Advisor Ms.Che, she’s very accommodating and sincere to help you in your financial goals.

Hope this story inspires you that when we look around our home, we might find idle resources that can help cross out one of our goals or help us bless someone.

54 Comments

  1. Chessy

    I seriously need to schedule a declutter day. We don’t have space for clothes or toys anymore, and Christmas is coming! Way to go for being financially prepared, Mommy!

    Reply
    • Mommy Gracie

      Go go go Mommy! Decluttering is a fun bonding for the whole family 🙂

      Reply
  2. Michi

    I also sell pre-loved stuff from time to time, stuff na wala ko pagbibigyan. My son’s clothes go straight to his cousins na kasi. Nice to know that you were able to open Mutual Fund from your earnings.

    Reply
    • Mommy Gracie

      We’re thankful too that through selling some items we’re able to get one 🙂

      Reply
  3. Roby

    wow! i’m also thinking about selling not only my baby’s pre-love stuff but also my stuff. thinking of saving this as well, instead of splurging and buying more stuff.

    Reply
    • Mommy Gracie

      That’s a great idea mommy, I started selling my old clothes too, hindi na kasi talaga kasya kahit anong pilit ko haha! Ayaw naman ng mga sisters ko ang mga styles 🙂

      Reply
  4. Liz A

    I’ve never thought of selling my little boy’s clothes before. I gave away the hand-me-downs he got as well as some of the things I bought him. ? But I already have a mutual fund opened for him before, not from Sunlife though. But I have VULs with Sunlife already ?

    Reply
    • Mommy Gracie

      Its better to give it away mommy, I am sure God will reward your generosity. Wow! Good to know that you have mutual fund and VUL already! High Five!

      Reply
  5. Above Precious Rubies

    I should think about doing this. Pero like you, dapat may goal din kung para saan ang money. Baka masayang lang. hehe. I should know more about this mutual fund and how this works.

    Reply
    • Mommy Gracie

      Push Sis! I’m just a PM away if you need any help 🙂

      Reply
  6. momshoutout

    I planned too of selling pre loved stuff.. but didn’t pursue it and give it to the community volunteers.

    Reply
    • Mommy Gracie

      That sounds wonderful sis, especially Christmas is coming, nothing beats generosity. 🙂

      Reply
  7. Nerisa

    I’ve been thinking about selling pre-loved stuffs and this is a nice list of to-dos. Thanks!

    Reply
    • Mommy Gracie

      Go sis Momma! 🙂

      Reply
  8. Michelle

    I also had a chance to sell some of my dresses in TBDM Mommy Club! It helped me raise funds that I was able to use for my first born’s baptism day. 🙂 I am so glad to know that one of your financial goals has come to life already. I also have opened a mutual fund in COL while my husband’s account is with SunLife, too. Cheers to a brighter future for our families! 😀

    Reply
    • Mommy Gracie

      Yahooo! So happy to hear that Mommy Michelle, TBTM is really a blessing both to seller and buyers ano? Cheers to a brighter future!

      Reply
  9. Gilian

    I’d love to sell pre-loved items to have extra income.:)
    My husband and I opened a bank acct for our sons when they tutned 1 and puts money every year on their birthday.:)

    Reply
    • Mommy Gracie

      Wow! Great Idea Mommy! Instead of having a grand celebration ano? Save nalang 🙂

      Reply
  10. juvy ann

    I used to be hoarder. I used to keep each and every stuff my family owns, but soon learned to declutter thanks to my avid watching of a reality show “Clean House” ?. I know do regular (atleast twice, thrice a year) decluttering, but our pre-loved stuffs are donated to our less fortunate extended families and neighbors.

    Reply
    • Mommy Gracie

      Oh, I would love to watch that reality show!

      Reply
  11. Mommy Queenelizabeth

    Wow! That’s great! I used to throw or give away old baby stuffs now i know what to do if all the old stuffs we got at home. Brilliant!

    Reply
    • Mommy Gracie

      Yey!

      Reply
  12. Shalene R | PurplePieces.com

    Thanks for sharing this mommy! I’ll find time to declutter and sell those old things that we don’t need anymore. 🙂

    Reply
    • Mommy Gracie

      Go Mommy Shalene! 🙂

      Reply
  13. Alaine

    Great Idea! I also sell pre-loved items on line. Sometimes, I use the money to buy new items but most of the time I just keep the money for travel or emergency use.

    Reply
    • Mommy Gracie

      Traveling is a great idea too 🙂 Investing in memories.

      Reply
  14. Cheryl F

    This is actually a great idea. I’ve been keeping used stuff of my son and still got no plans on what to do with them. I still need to ask permission from my partner if I’d sell them, though. Most of my son’s stuff are personally bought by him in the US. With regards to the mutual fund, I’ve been seeing reviews about Sun Life. Still curious. I was only enlightened with the funds BDO has. Will check if it’s really a good choice. Thanks for sharing.

    Reply
    • Mommy Gracie

      That’s right mommy, ask your hubby’s go signal first 🙂 Check out Sunlife’s website to know more about their Mutual Fund mommy, they have a very user-friendly and informative website.

      Reply
  15. Maria Teresa Figuerres

    Selling pre-loved items for your son’s future is truly noteworthy. It’s our responsibility as parents to see to the financial security of our children and to help them become responsible adults.

    Reply
    • Mommy Gracie

      I agree, I don’t want my son to be our retirement plan 🙂

      Reply
  16. Janice

    Great job! I wanna open a mutual fund account for my kids too. I’m thinking of what we can actually sell right now and can’t think of any because we already did a lot purging 2 years ago. But maybe in a year’s time when our new baby is one year old already we can sell his preloved baby stuff too.

    Reply
    • Mommy Gracie

      Yes mommy, I started selling my son’s preloved items when he was 2 years old 🙂

      Reply
  17. Ma.Me.Mi.Mommy

    Great tips! I always have a problem with deciding how much to sell things. Congrats, by the way! 😀

    Reply
    • Mommy Gracie

      Usually its 50% off the original price or depends on its current condition sis 🙂

      Reply
  18. Celerhina Aubrey

    We’re planning to sell some of my daughter’s pre-loved items too. I opened an IG account pero di ko pa maasikaso. Nice idea na idagdag sa investment fund ng bagets ang kikitain.

    Reply
    • Mommy Gracie

      Oo nga sa Instagram there are many moms who sell din their cuties pre-loved items.

      Reply
  19. Maan

    Woah your story is inspiring! I’ve tried selling some of my preloved items before but I just didn’t have the time or energy to maintain it. Now I want to do it again AND open a mutual fund account too!

    Reply
    • Mommy Gracie

      Aww 🙂 Go Girl! Let’s do this!

      Reply
  20. Berlin

    This is seriously inspiring. We’ve got a number of idle stuff as well and we just put them outside the house. We know that someone in need get them for their own use. We haven’t thought of monetizing any of them as it feels it would give us more hassle than profit. For one, dealing with courier might take much of my time as well as taking photos of each item. But as I’ve said, this is so inspiring. Will consider this as well. Thank you.

    Reply
    • Mommy Gracie

      You can ask the courier sis to pick-up the items at your doorstep, You have a cut-off time so you can ship the items in one day schedule only, medyo hassle if everyday sis, alam mo na andami nating “mommy duties” 🙂

      Reply
  21. edel

    This is a nice idea of decluttering. I mean, you get to earn and have more space at home at the same time. We have tons of unused stuff at home. Will consider selling stuff online. Thank you for the idea 🙂

    Reply
    • Mommy Gracie

      That’s exactly what I love about decluttering “less items, more space” 🙂

      Reply
  22. Nhessie

    I’ve been meaning to do the same sis for a while now, I guess I really need to alot a day to declutter, this is so helpful to me. Thanks for sharing!

    Reply
    • Mommy Gracie

      So happy to be of help sis, you can send me a message anytime, alam mo yan 🙂

      Reply
  23. Mommy Anna

    We have a lot of items to sell, the supposed trunk sale na sasalihan namin nag cancel na I ended up a lot of preloved items to sell.

    Reply
    • Mommy Gracie

      Post it online Mommy Anna 🙂

      Reply
  24. Rowena Wendy Lei

    I’m a happy Shopee seller, I’ve been able to sell our old video games there. 🙂

    Reply
    • Mommy Gracie

      Oh wow! I also love shopping sa Shopee, they have ongoing promos and discounts palagi 🙂

      Reply
  25. Angel Caronongan-Enero

    Good job mommy! I am also selling pre-loved items of my daughter on Instagram and in a garage sale too. Money from her sold pre-loved items were deposited on her account. This will help her someday to save money for her own.

    Reply
  26. TweenselMom

    I see your blog post of God’s whisper to me to finally process our mutual fund application form. Thanks for being an instrument 🙂

    Reply
    • Mommy Gracie

      Aww! Thank you Mommy Lani 🙂

      Reply
  27. Teresa Martinez

    Opening a mutual fund for your child from the proceeds of the sale is indeed a wise move.

    Reply
  28. Peachy @ The Peach Kitchen

    I am scheduling a declutter day in January. I think it will be a great start of the year to do just that.

    Reply
  29. Louisa

    Great tips for selling pre-loved items. I especially like the tip of selling it at least 50% off. Once an item has been used it’s value has drastically dropped. Some sellers don’t understand this and charge a high price. I’m thinking about opening a mutual fund. Is there a fee when consulting?

    Reply

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  1. Practical ways to save when you have a new baby | - […] (Read: https://tipidmommy.com/how-selling-pre-loved-baby-items-helped-us-open-a-mutual-fund/) […]
  2. How to build the habit of saving and investing? | - […] (Read: Preloved Baby Items to Mutual Fund Account) […]

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Tipid Mommy is a mom blog aiming to inspire women, wives and most especially moms to live a joyful life within the budget.

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