Turn Old Cellphones, Electronics Into Cash

Becky Worley reveals ways you can generate extra income from your home's clutter.
3:11 | 01/18/13

Coming up in the next {{countdown}} {{countdownlbl}}

Coming up next:



Skip to this video now

Now Playing:


Related Extras
Related Videos
Video Transcript
Transcript for Turn Old Cellphones, Electronics Into Cash
cash along the way. She has two kids and a third on the way. She needs more space. And a little extra cash would be nice, too. So, the first treasure we seek, electronics. She is ready to sell her husband's gaming console. Important question. Have you asked your husband about selling the machine? I mentioned it. Reporter: Lots of gear. But the problem here, the old stuff loses value fast. But gadget trade-in sites will give you an instant quote to tell you what it's worth. Let's look at clothes. This is the spot? This is the spot. Reporter: Three sweaters that meg has never worn are going. You want to show the tag. Phones are great for listing items. The camera is built-in. And you can dictate the description. What would you like the note to say? J. Crew marino sweater. I asked meg if she has high-end items she could part with. Fan fancy. And not realistic for a mother of three. Reporter: It's like a digital consignment store for swanky items. Through the app, they offer meg 300 bucks for the used purse. Purge, purge, purge. Reporter: Meg has a storage unit that's full of goodies. I'm seeing furniture here. Furniture is best sold on craigslist. But to price it, start with half the purchase price and then start marking it down for flaws. Kid stuff sells great. I think you could get $180 m for this. This is a great stroller. Expensive toys are best sold on eB eBAY. But for clothes, listing them individually -- overwhelming. Reporter: I suggest a new website, called threadup, that buys used kids clothes in bulk. They send you a bag like this. You jam it full of baby clothes. And you get $20 to $40 per bag. Tallying the value of her items and arriving on a number. Grand total is, $2,461. Wow. Reporter: And a cleaner house. Yes. I need that. That's priceless. Reporter: I am inspired by meg's success. And I have my own clutter to tame. Elizabeth, this is what I'll be doing for the rest of the day. Wish me luck. Hopefully I can grab some cash. Actually, I'm inspired, too. Becky, this is incredible what you were able to do. You mentioned in the piece, electronics lose value fast. How do you know if the cell phone chargers sitting in the drawer have value? 62% of us have an extra phone lying around the house. And it only loses value when it's sitting in the garage or a drawer. So, sell it. I'm on it. Especially in my closet. I'm going there this afternoon. Thanks, becky. Let's go to sam for a final

This transcript has been automatically generated and may not be 100% accurate.

{"id":18247462,"title":"Turn Old Cellphones, Electronics Into Cash","duration":"3:11","description":"Becky Worley reveals ways you can generate extra income from your home's clutter.","url":"/GMA/video/turn-cellphones-electronics-cash-18247462","section":"GMA","mediaType":"default"}