Woman pays off her $80k student loan with DEPOP and eBAY

Real Fix

Credit: SWNS / Kelsey Mikula  A woman paid off her $80k student loan in THREE YEARS by buying and reselling clothes on eBay and Depop.  Kelsey Mikula, 26, started buying and reselling clothes in 2020 when she struggled to find a job coming out of university.  During this time, Kelsey would do shifts as a unit secretary in a hospital and sell clothes as a side hustle.  Kelsey buys clothes from charity shops like Salvation Army, Goodwill and local thrift stores, then sells them on sites like eBay and Depop.

Transcript

00:00 I make money buying things from second-hand stores and flipping them online for profit.

00:04 My name is Kelsey at Mellow State and this is what has recently sold.

00:13 I bought this pair of Birkenstock clogs for myself for $15.

00:18 They sold within minutes of me listing them on Poshmark for $53.

00:22 I made $27.40 net profit on them.

00:26 [music]

00:54 I purchased this Michael Kors New With Tag black blouse from Whatnot for $3.13.

01:01 It sold in 19 days over on eBay for $15.

01:05 I made a net profit of $8.53 on it.

01:09 Fun fact, if you did not know, eBay does offer international shipping

01:13 and this Michael Kors shirt was shipped out of the United States.

01:17 [music]

01:30 This is a Harley Davidson jacket that I actually held onto for 144 days.

01:35 I bought it from a garage sale and my average cost of goods for that trip was $3.57.

01:42 It sold for $44 on Poshmark making me a net profit of $31.63 on it.

01:49 Alright, next we have a sale that was made because of Primelister which is my virtual assistant.

01:55 Somebody liked this item on Poshmark. They were sent an offer with discounted shipping for $22.

02:01 I got this item for $1 at my local Pay by the Pound and I made $14.58 net profit.

02:08 This was another awesome flip.

02:10 [music]

02:28 I got this pair of Stuart Wiseman heels from Whatnot for $14.49.

02:34 They sold in four days on eBay for $75 and I made a net profit of $48.87.

02:43 These sales just keep getting better and better.

02:46 I got this Carhartt jacket with a Harley Davidson patch DIY'd onto the back of it on Whatnot for $35.

02:55 It sold in 15 days on Poshmark for $100 and I made a net profit of $45 on it.

03:02 [music]

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