Rewarding thrift store shopping in today’s economy | Everyday Cheapskate

If you enjoy the thrill of finding bargains and super steals, it’s a safe bet that you love thrift stores. These treasure troves offer a unique blend of eclectic finds and budget-friendly prices. But lately, thrift shopping isn’t what it used to be. With inflation hitting almost everything, even thrift store prices are on the rise.

It’s not just hearsay — thrift store prices are indeed climbing, with the sale of used clothes expected to top $77 billion by 2025. This boom has its pros and cons. On the bright side, there’s more variety and a growing acceptance of thrifted items. On the flip side, prices are creeping up as the market grows and evolves. So how do we continue to score great deals amid rising costs? These tips can help you find those thrifty treasures without breaking the bank.

GET A GAME PLAN

Approach thrift shopping with a plan. Make a list of what you truly need. Set a strict budget for your visit. This focused approach prevents impulse buys and makes certain you haul things out of the store that are sure to add real value to your life.

SHOP ON DISCOUNT DAYS

Many thrift stores offer special discount days, seasonal sales or loyalty programs that can lead to significant savings. Familiarize yourself with the sales calendar of your favorite stores, and plan your shopping trips accordingly. Student, military or senior discounts can also apply, so don’t hesitate to ask. Additionally, some thrift stores have year-round clearance sections where you can find items at deeply discounted prices.

TAKE YOUR TIME

The thrill of thrift store shopping is in discovery. Take your time to sift through racks and shelves to uncover the best deals. Rushed shopping might mean you miss out on hidden gems or make regretful purchases, such as discovering much later a big hole in that otherwise gorgeous sweater. Give yourself a few hours to leisurely enjoy the pursuit of bargain hunting.

PAY WITH CASH

Not only does using cash help you stick to your budget and avoid overspending, you’ll be helping out that thrift store’s bottom line. Retailers pay fees for each credit card purchase they process, and some thrift stores pass that fee on to the consumer. You can often save a small percentage by paying with cash or a debit card.

SEARCH FOR QUALITY

Inspect for durability, brand reputation and overall condition. By choosing well-made, high-quality, gently used goods, you can avoid spending more on frequent replacements. Owning quality items also opens the door to lucrative reselling.

IN- AND OUT-OF-SEASON ITEMS

Just like retail stores, thrift stores often have items that are out of season — think winter coats in the summer or swimsuits in the winter. These out-of-season items are often heavily discounted. Similarly, in-season items that have lingered too long may also be marked down to make room for new stock.

UNIQUE AND VINTAGE

A great thrill of thrifting is discovering one-of-a-kind or vintage items that really stand out. These treasures can bring unique character and flair to your home or wardrobe and might even appreciate in value. And while you’re at it, be on the lookout for special pieces that match your personal style or make perfect gifts.

FOLLOW ON SOCIAL MEDIA

To make the most of your savings, follow your favorite thrift stores on social media or sign up for their email newsletters. These channels often share exclusive deals, announce special sales events and update you on new arrivals, keeping you informed about the best shopping opportunities. Plus, some stores offer discounts to email subscribers with every purchase.

DONATE TO MAKE ROOM

Before you visit the thrift store, think about tidying up your space and donating items you no longer use. Many stores reward donations with discount coupons or vouchers, which helps you clear out clutter at home and save money on your next purchases.

RESELL FOR A PROFIT

If you have an entrepreneurial bent, thrift shopping just might present a fun, profitable side business. Look for underpriced items with potential resale value. Vintage clothing, collectibles or unique home decor pieces can often be flipped online for a profit.

In a time when the thrill of thrift shopping has met the sting of inflation, finding ways to save money while indulging in this rewarding hobby has become more crucial than ever. I am confident that with these tips and determination, we can keep our thrift shopping adventures fun and rewarding!

Mary invites you to visit her at EverydayCheapskate.com, where this column is archived complete with links and resources for all recommended products and services. Mary invites questions and comments at https://www.everydaycheapskate.com/contact/, “Ask Mary.” This column will answer questions of general interest, but letters cannot be answered individually. Mary Hunt is the founder of EverydayCheapskate.com, a frugal living blog, and the author of the book “Debt-Proof Living.”

Originally Published: August 7, 2024 at 1:06 a.m.