Can You Make Money with Poshmark?

Who wouldn’t like to have a little extra cash these days? Whether through your favorite side hustle, a part-time job, passive income via investments or any other means. One way I’ve found to make some extra money is with Poshmark. In today’s post, a Poshmark review, I’ll show you how I use Poshmark to buy and sell used brand named items online.

I started using Poshmark about two years ago when my wife started selling guitars on eBay. After posting some brand name items like purses and shoes on eBay I came across Poshmark, an app that was designed for those specific items.

I had to check it out so I signed up from a friend’s sign up code and got a free $5. Then I started listing some of the same stuff I had listed on eBay along with clothes that didn’t fit me any longer. I could’ve taken those clothes to a clothing resale shop where I would probably make $2 on each garment, or sell it on Poshmark for 400% more.

Naturally, I chose the latter.

I never planned on purchasing anything on the app until I came across a listing that was a win-win for me. It was an adorable sweater that was worn once and only listed for $11. The referral credit I had at the time was enough to cover the purchase, so I went for it.

Why would I ever go to a clothing resale shop again when I could use Poshmark? Plus, it was an excellent way for me to make money with a hobby of mine.

Side Hustles to Make Money Online

This next post was written by my friend and colleague Andrew, who blogs at Wealthy Nickel. It’s all about finding the right side hustles for you to actually make money online.

Because — let’s face it — not all side hustles are created equal. Just like we are all individual human beings, with strengths, weaknesses, likes and dislikes. A side hustle that I might detest could potentially be right up your alley, and vice versa.

That’s why finding the right side hustle idea for you is such a personal decision. Because you really want to find a side hustle that you can stick with for the long term, to actually make some money.

To find out more, read on and learn the details of 7 side hustles to make money online.

Not Your First Rodeo

If you’ve spent any time at all on the internet, I’m sure you’ve seen a hundred articles about how to make money online like:

• 5,265 Easy Side Hustles to Make Money Online; or
• 9 Creative Ways to Make $5,000 in 3 Days; or
• How I Became a Blogging Millionaire Overnight in my Pajamas

Well, let me stop you right there.

This is not that article. I am not selling you a blogging course, or promising you will retire early by taking online surveys.

What you will get are some legitimate, solid ideas that you can use as a starting point to craft the perfect online side hustle strategy for you and your family – whether you’re looking for ways to make $500 a month or $5,000 if you’re willing to put the work in.

Making money online is a very personal topic for me, and one I spent a lot of time trying to figure out a few years ago.

The Problem of Debt in the United States

Let’s face it, debt in the United States is a problem. From our national debt, student loan debt, and consumer debt. Debt in the United States is a problem on all levels. Why is that?

I’m a firm believer that it starts with the lack of education on the topic. Only 17 states require high school students to take a course in personal finance. But even those states that teach financial literacy, debt is still a problem.

Maybe it the YOLO or “living my best life mentality” that leads to our obsession with overspending. Perhaps it’s the instant gratification we seek and hit the “like” button on social media every day. Or the fact that we let 17 and 18-year-olds make their biggest financial decision (college) with little guidance. Or the impact taking on student loan debt could have on them for years to come.

Maybe it’s the lead by example trap that has gotten debt in the United States out of control. We are just merely following the herd. Heck, our government is 22 trillion in the red.

Whatever the reason is for it, we need to take back control of the debt in the United States. The sooner we can start, the better. Let’s dig in on some of the debt categories and why we’ve fallen off the debt wagon.