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Selling Stuff on eBay

June 12th, 2007 at 01:48 pm

After reading a few other blogs where the authors sold multiple items on Ebay and made a nice profit I decided to try my hand at the eBay game.

Over the last 10 years I ahve built up a pretty impressive library of books for a 25 year old. I love to read and I love to read on MANY different topics. My enjoyment in this activity left me with well over 100 different books, covering all different topics: textbooks, fiction, sports, history, finance advice, etc. I also have many golf clubs laying around that others would certainly be willing to snatch up.

I decided to list essentially book I own on eBay , as well as 3 or 4 golf clubs, and other items.

Being a newbie in the eBay game, I was a little unsure how much to charge for shipping, etc. Therefore I underestimated the cost on a few items and ended up taking a loss on the shipping portion.

But other than that it's fun and I have turned a nice profit in less than a week. Now, obviously this isn't a true profit in the sense that I sold a book for more than I originally bought, but it still feels good to have the cash in my pocket. I ahve decided that I will take 50% of the total proceeds and put it towards my credit card debt, with the other 50% going into the $25 challenge pot.

Happy Weekend, ya'll!

June 8th, 2007 at 09:58 am

Is there anyhting better than a nice weekend in June? Methinks no.

Saved $25.48 last night at the grocery store by looking for sales. Plus the Giants won!

Straight into the $20 challenge pot.

If You Had To Choose..................

June 6th, 2007 at 03:55 pm

I will give you a purely "hypothetical" situation (and by hypothetical, I mean my exact situation) and ya'll tell me what you would do.

I have about $2,600 in credit debt that is being charged 0% interest and will continue to do so until January of 2008.

If you had $400 of discretionary income each month to either pay this credit card down or put into a savings account earning 5% what would you do?

MY Challenge Money Guidelines and Progress

June 6th, 2007 at 08:31 am

-$1 for a S.F. Giants Win
-$1 for a No Spending Day
-$1 for a No Credit Card Day
-$1 for a No Alcohol Day
-$1 for a No Junk Food Day
-All Savings from a Coupon Book
-50% of EBAY Profits
-Loose Change (including all $1 bills) at End of Month.
-Savings at Grocery Store for sales.

My goal is $1,000 by 1/1/2008. I am currently at $32.

Building Savings, the Sporting Way

June 1st, 2007 at 09:10 am

I know a poster here (the name escapes me) puts $1 in her $20 Challenge stash everytime the Braves win, and I thought this was a fun way to save and root on your team.

The S.F. Giants have 25 wins right now, so I will start with $25, and add $1 for every win here on out. They are a pretty average team, so by the end of the season in October I should have about $80-$85 dollars.

Once college football season starts I will add $10 for every Notre Dame victory.

Go Giants and Go Irish!!!

What to do with $60,000???

June 1st, 2007 at 08:56 am

Ok, I am opening this up to all of you.........

I have $60,000 sitting in a 12 month CD right now that comes due in August. It is currently earning about 4.90%.

The security of the low-risk CD is nice, however, part of me knows I should have it in something a little riskier.

I am about 2 years away from buying my first house, which this money is for.

I have an idea of what I want to do with it, but I wanted to see what everyone else's opinions were...............