Category Archives: Simple Living

What can a billionaire learn from a dumpster diver?

What problem do the dumpster diver and millionaire share?

In my building complex, there are several people who spend a lot of time “cleaning up” around the dumpsters especially when people move out. I’m a reformed dumpster diver myself. Actually diving is too athletic a term for my past-time.

I just keep an eye out for useful stuff that’s being tossed out. In the city people are constantly moving, divorcing, down-sizing or decluttering. When you start looking around there is a surprising amount  of useful stuff being tossed.

Just the other day walking to the Korean market, I spotted a Sony stereo 5 CD changer left out on the corner.  Great a free changer. I lugged it home along with my 20 kg of rice. It was only after I got home that I realized it only had stereo audio output plugs. I would need to get  a stereo power amplifier, speakers, speaker wire and CDs to play. The free stereo CD changer would cost me over $100 before I could use it.

Leaving for the thrift shop to look for an amplifier, there was an acoustic guitar propped against the wall of the lobby with a free sign. I would need to add a guitar case, guitar stand, guitar tuner, music books, picks to my shopping list.

Whatever you find, you have to think of all the associated junk that you’ll need to get. Pretty soon your apartment is so full you need to find a bigger place or rent a storage locker. Even more expenses.

Then you have to think about maintaining and upgrading what you have. So It all means that the more stuff you have the more stress you’re going to have as well. And the more stuff you have the harder it is to keep everything organized and to actually find anything. During major cleaning operation I found half-a-dozen things that I actually needed.  I can understand Bill Gates comment that being a billionaire is overated. When you have multiple houses how do you just keep stuff organized?

So you learn to be very discrininating in what you pick up.

 

Why I don’t use Ebay? One word Craigslist

I like selling stuff on my local Craigslist, vancouver.craigslist.ca. Craigslist ads are free (except job postings). No EBay listing fees, commissions or shipping fees – people come and pick the stuff up. And pay you cash. What’s not to like?

This week I sold an Oxbow snowboard for $50 and a pair of 180 Head Supra Skis for $40. $90 in my pocket for 20 minutes listing the items and a few emails. If I had sold the times on EBay I’d have to spend time wrapping a snowboard/skis to ensure they didn’t get damaged, arrange shipping and pick-up. And then I’d need to wait for payment.

EBay uses PayPal (it bought the company) to process payments. I haven’t had any problem with PayPal, but i have heard stories about issues with buyers claiming items never arrived. or being damaged or not the same as described in the auction.

With Craigslist the buyer comes over and confirms the item is ok before committing to the purchase and handing over the cash. Besides I like dealing face-to-face with local people. Mark who bought my snowboard had the same size feet as me, so I was able to throw in my snowboard boots as well. I gave Chris the downhill skier. a pair of Scott poles.

Craigslist does have some weaknesses. As a buyer it can be a little creepy visiting houses and apartments of people you’ve never met. I’d recommend bringing a friend along or meeting at a convenient bus stop or public place. Another frustration is trying to contact people who have already sold an item but didn’t remove their listing. Other sellers list an item but don’t give a picture or price unless you email them.

As a seller the most common issue is people not showing or calling at the last minute and wanting you to hold an item for another day when you have 12 other potential buyers. Other people will try to barter you down on price even after you’ve agree on a firm price ahead of time. Count your money carefully. It’s easy for the buyer to say,”Alright, $90.” and hand you a wad of bills. After the customer leaves, you realize he’s shorted you $10 or $20.

Overall I’d highly recommend Craigslist. I have made a little extra money helped the environment by recycling stuff,