Hello readers! And welcome to week 12 of the money mental earnings challenge! This week has been my most challenging week of the challenge so far. I’ve been experiencing the unwanted joy of returns this week, mostly due to my own fault in making mistakes in my listings. For those of you are unfamiliar with the challenge and what I’m trying to achieve you may want to start off by reading this post here.
The target is to make £430 a month to cover the costs of my car loan, car insurance, and road tax. Each week I will be reporting on my progress towards this monthly challenge. I’ll be using a variety of different sources to earn money details of which I’ve written about in this post here.
If you want to see how I did in the last week of the challenge you can find out by clicking here.
Each week I’ll give a breakdown of what I’ve earned and how I’ve earned it before. As previously mentioned my main source of income to support the challenge will be buying and selling goods on eBay so for reporting purposes I will include details of what items I sold on eBay, how much it cost me, how much I sold it for and how much profit I made after fees. The last figure will be rounded down to the nearest 50p for ease.
So without further ado here’s week 12!
Harry Potter Money Box – Cost £3 from Primark, sold for £12.99 including shipping. Total profit after fees £5.
Early Learning Centre Puppet theatre – Cost £0.99 from eBay, sold for £15 including shipping. Total profit after fees £9.
Kane Zombie figure – Cost £4.99 from Home Bargains, sold for £14 including shipping. Total profit after fees £4
Harry Potter Money Box – Cost £3 from Primark, sold for £12.99 including shipping. Total profit after fees £5. (Another one I picked up as part of January’s retail arbitrage).
Snooper S3 Neo speed camera detector – Cost £7.50 from a car boot sale, sold for £40 including shipping. Total profit after fees £24.50
Snooper S100 range extender – Cost £7.50 from a car boot sale, sold for £27 including shipping. Total profit after fees £16 (Sold to the buyer of the S3 Neo above so I was able to combine postage).
Airfix Supermarine Spitfire – Can’t remember where I got this from think it cost £2 from a car boot sale, sold for £9.99 including shipping. £3.50 (not mega money in this but worth picking up if you see them for a pound or two as they always sell).
Playmobil Gunpowder fort 4796 new and sealed – paid £9 for this at a Christmas fair, sold for £28 including shipping. Total profit after fees £12.50
Toca Race Driver 3 PS2 disc only – found this in with another game so it cost me nothing, sold for £3.29 including shipping. Total profit after fees £1.50
Monopoly Empire game pieces spares – paid £2 for a Monopoly Empire board game that turned out to be incomplete. So I’ve broken it for spares and this is the first sale. Sold for £9.99 including shipping. Total profit after fees £5. (Really happy with this sale as it shows that even when you get home and find the board game you’ve just purchased is incomplete all is not lost as you can still sell bits of it off!).
Rohan Men’s trailblazer trousers – Cost £1 from a charity shop, sold for £29.99 including shipping. Total profit after fees £22. (Had these for sale for ages so pleased to see them go for such a great profit).
Wales boys Rugby shirt – Cost £1 from a charity shop, sold for £7 including shipping. Total profit after fees £3.50. (Took a low offer on this as I had it for listed for ages! Managed to send it as a large letter which cut the postage costs in half).
4 tins of Yokebe Chocolate Weight loss powder – Cost £3.96 from Home Bargains, sold for £16 including shipping. Total profit after fees £7.
Top Trumps Lord of the Rings – Cost £0.50 from a charity shop, sold for £5.99 including shipping. Total profit after fees £3.50 (these sold within a day of being listed so really happy with the turnaround time on them).
Star Wars Racer N64 Game – Came as part of an N64 console bundle that I’m already massively in profit on so I’m counting this as costing £0, sold for £6 including shipping. Total profit after fees £4.
B-Daman figure – Cost £1.99 from Home Bargains, sold for £16.19 including shipping (was on a 10% sale, hence the odd price). Total profit after fees £9.
Total eBay income: £131.50
More than twice what I cleared last week. I’m hoping it’s a sign that last weeks terrible sales were just a blip!
I’ve had no sales on Facebook this week.
Total Facebook income: £0.00
Citizenme App: £0.20
Total Other Income £0.20
Week 12 total income: £131.70
So it’s nice to see the income figures returning to a more normal level after last weeks blip. And no returns this week to deduct from the total either! Adding in a few new lines has paid off for me as I explore new retail opportunities.
Adding this week’s figures to last week’s running total of £226.85 gives me a total for the month so far of £358.55 so I’m on course to hit the monthly figure of £430 in the earnings challenge with two more weeks to go.
I hope you’ve enjoyed reading this post and I look forward to hearing any comments and feedback you have.
Thanks for reading.