27. Ask About Trading Items In For Store Credit
Certain thrift stores and consignment shops have a store credit policy. This means that you can exchange your clothing and items for store credit. More often than not, they will offer you more in store credit than they will in cash. For example, at my local Plato’s Closet, they will potentially offer $1 cash for every $2 of store credit. If you’re in the market for new clothing, it only makes sense to bring in your old clothes and get some money back to go shopping there. Sometimes this will also work out at a pawn shop.
However, in larger chain stores like Goodwill, they won’t have a trade-in program. Many of these thrift stores receive so many donations, they don’t want to pay anything for the items that they receive. Goodwill receives so many donations that they often have to turn away the items and send them directly to the outlet to be sold by the pound. So it would literally be a waste of money for them to pay anything for inventory. High end consignment shops are more willing to do a trade in program than the stores where you find low quality items.