Selling Your Children's Toys

[DaycareMama]

For me it would depend on my (the family's) need for the money. Am I trying to scrape enough together to pay the mortgage/rent or buy groceries? Then yes, the money would go for that, to help cover the child's basic needs. If the situation wasn't so serious then I'd likely bank the money on the child's behalf to help pay for clothes or other supplies the child will need in the near future. If my child is trying to save money to purchase something then THEY can sell their things (with my approval first) and keep that money to put towards whatever they are saving for.

This

[littlemissmuffet]

We donate almost all used goods, and this is something we plan on passing along to our daughter. When she gets a new toy she will be asked to choose an old toy to give away!

[Cradle2crayons]

We donate almost all used goods, and this is something we plan on passing along to our daughter. When she gets a new toy she will be asked to choose an old toy to give away!

We do this often and my kids will actually come to me regularly wi a bag of donated items. It makes them feel good.

[SunnyDay]

We donate almost all used goods, and this is something we plan on passing along to our daughter. When she gets a new toy she will be asked to choose an old toy to give away!

I don't have time to sell things, when we are done with them they get donated.

[SilverSabre25]

We donate almost all used goods, and this is something we plan on passing along to our daughter. When she gets a new toy she will be asked to choose an old toy to give away!

I donate most of what we get rid of too. It's just these good condition kids toys that I'm feeling the urge to see if Once Upon a Child will take from me. At least half of them came from there in the first place.

[My3cents]

depends on the age of the child. preteens, teens the money belongs to them. Younger kids I would keep it and do with it what I see fit. I might give them a few dollars if they worked the sale. All depends upon the age of the kids.

[wdmmom]

If I bought the toys, the money is mine but I also turn around and buy something else they want/need.

If they buy the toys with their own money and want to sell it, they get to keep the money but they must turn around and buy something they want/need with it.

If I just gave my kids money, they'd be asking to go over to the gas station and blow it on candy, pop and ice cream.

[melilley]

I have only sold my dd's stuff in a garage sale and I did let her keep the money. If they don't sell then we donate them.

[Unregistered]

We do consignment sales twice a year. The things I sell go to fund the things we buy- toys and clothes.

[Mommy2One]

My daughter just turned 4yo. I usually purge right before her birthday and right before Christmas so while I "keep" most of the money it's actually getting re-invested in new presents for her. Even if it's a random clutter control sale, she's generally a bit spoiled and gets far more spent on her every month than I could get from selling her outgrown things so I figure she's coming out ahead overall.

I can also justify "keeping" the money because I bought most of the original items, I'm the one who's cleaning them up, taking photos, posting the ad, making appointments to sell them, etc. I usually give her a small amount of it ($5 out of $20 for example) to encourage her to let go of the things she's outgrown and to go along with the other things we do to teach her that mommy and daddy work to earn money, things cost money, we have to make choices on which things to buy/pay for, if you break or waste things we have less money for "fun", etc.