Startup cost: $100 - $3k

Setup costs for starting a reselling side hustle can range from $100 to $3,000. At the low end, the minimum amount would cover basic expenses like purchasing inventory or listing items on platforms like eBay or Poshmark. On the high end, investing in additional tools such as a premium selling account, inventory management software, shipping supplies, and initial advertising can contribute to the higher cost. Essential expenses include inventory purchases and potential platform fees, whereas optional expenses might include investing in premium tools for more efficient operations. People often underestimate recurring fees like platform commissions or shipping costs, which can add up over time. It's crucial to budget realistically, and I would recommend a friend to budget around $500 to $1,000 initially to take this side hustle seriously.