10 Ways To Use Your Poshmark Earnings
A great way to make some extra money online is to start your own boutique or resell new and gently used items on the selling app/platform called Poshmark. Many users start off by making Poshmark their side-hustle, and end up loving the platform so much, that they decide to go all in and become full-time sellers.
10 Ways To Use Your Poshmark Earnings
Once you start making a steady cash flow on Poshmark, you should begin to separate your earnings, and decide exactly how you will use your extra source of income.
Here are 10 ways you can use your Poshmark earnings
1. Shop
Many Poshers sale to shop. Use your Poshmark earnings to shop from other Poshers closets, when you want to change your style, upgrade, or treat yourself!
2. Invest
Invest your Poshmark earnings into stocks, bonds, and/or retirement.
3. Household
Use the money that you earn on Poshmark to buy home decor, and household goods that needs to be replenished on a regular.
4. Pay Some Bills
Pay off your debts and bills with your extra Posh cash flow.
5. Buy a New Car
Quite a few Millennial Poshers have used their extra source of income from selling on Poshmark, to purchase a new car.
6. Save
As you begin to make more and more sales, you can let the money that you make from selling on Poshmark just sit there in the app and add up, without touching it.
7. Travel
You’ll be packing your bags to your dream destination in no time, when you start making consistent sales.
*Consider selling or reselling high end and luxury brands, and with just one sale, you can hit the jackpot.
8. Reinvest In Your Business
Self-fund your business by reinvesting all of the money that you have made on Poshmark, back into your store, until you have reached your desired money goals.
9. Use as Seed Money for Other Businesses
Invest the money that you make from your sales into new businesses that you want to start-up.
10. Down Payment For Your New House
You will be so proud of yourself for making the decision to have a side hustle (or full-time income) on Poshmark, when the day comes where you are able to put a down payment on a new home, with the money that you have made on the app.
