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

  • 4 months ago
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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