Unwanted presents: Turning clunkers into cash

Well, well, well, if it ain't the aftermath of Christmas, and what do we have here? A pile of presents, some gems, and, let's be honest, a few headscratchers.

Fear not, ye savvy hustlers, for OwtforNowt is here with a guide on how to turn them unwanted Christmas clunkers into glorious pounds. It's time to spin gold from the questionable yarn your Aunt Mabel thought was a 'thoughtful' gift.

The regifting rumba

First up on our cash-accumulatin' dance card is the good ol' regift. That scented candle that smells like your grandma's potpourri? Perfect regift material. Just make sure to shuffle it off to someone who won't cross paths with Aunt Mabel anytime soon. The regift – where one person's 'meh' is another person's 'wow.'

The marketplace magic

Ah, the wonders of the online marketplace, where everything from antique spoons to questionable Christmas jumpers finds a new home. Snap a pic, concoct a charm-laden description (leave out the 'from Aunt Mabel' part), and watch as your unwanted treasures become someone else's must-haves. It's like a digital swap meet without the dodgy hotdogs.

The crafty conversion

Got a dodgy sweater or a peculiar ornament? Channel your inner artisan and give it a makeover. Bedazzle it, paint it, heck, turn it into avant-garde art. Document the transformation and sell it as a one-of-a-kind masterpiece. People love a good before-and-after, and you'll have the satisfaction of turning trash into treasure.

The gift card gamble

Oh, the notorious gift card – a symbol of good intentions gone awry. Don't let it gather dust. Swap it for cash or trade it for a more useful one. There are online platforms and marketplaces where you can do this. Why limit yourself to a store you rarely visit when there's cash to be pocketed?

The bad present bonanza

Now, for the pièce de résistance, the story of Dave, who received a DIY knitting kit from his well-meaning but misguided aunt. Dave, bless his soul, couldn't knit to save his life. Instead of letting it languish in the back of his closet, he turned it into a comedy goldmine. He chronicled his attempts on social media, gained a cult following, and turned his bad present into a cash cow through brand partnerships and merchandise sales. Bravo, Dave, bravo.

There you have it, money magicians – a guide on transforming those unwanted Christmas presents into a cash spectacle. Whether you regift, sell on the marketplace, get crafty, gamble with gift cards, or turn your bad presents into internet gold, remember: where there's a questionable gift, there's an opportunity for financial alchemy. Deck the halls with pounds, and let the unwanted present hustle begin! OwtforNowt style, of course.

• Money-saving
• Presents