8. Look for a Thrift Store in a Wealthy Neighborhood

7. Make sure you are not Overpaying at a Thrift Store

When consumers buy stuff from a thrift store, one of the most common mistakes I find is that they feel they are receiving the best deal available. In actuality, the personnel makes up the prices of the items that are placed on the shelves. A manager may step in on occasion, but it's a guessing game most of the time. I've gone into a thrift store a few times and seen an item selling for more than it was genuinely worth. Even when You marked up things from Dollar Tree to $2 to $3, customers still bought them.

I'll never forget going to the Goodwill Outlet and seeing a woman putting plastic garment hangers in her cart. She was ecstatic, and she couldn't believe no one else had gone after these hangers as well. Because everything cost $1 a pound, she saw it as a fortune in her imagination. Her face fell when I told her she could get five plastic hangers for $1 at the Dollar Tree. She recognized she had made a mistake, but she insisted on purchasing them. In actuality, she overpaid for something that You could have bought fresh new elsewhere.

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