Week 2 of the money mental earnings challenge!

Week 2 of the money mental earnings challenge!

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Hello all! Today is the second of my weekly updates on the Money Mental Car Payment challenge. 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 target. 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 week one 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 1!

eBay:

Halina Home CCTV Camera. Cost £2.00 from a car boot sale, sold for £24.99 including shipping. Total profit after fees: £16.50

Civilisation IV PC Game. Cost £0.10 from a house clearance shop, sold for £5.99 including shipping. Total profit after fees: £3.50

The key to the kingdom board game.  Cost £2.99 from a charity shop, sold for £34.99 including shipping. Total profit after fees: £24.50

Pair of antique pewter tankards.  Cost £4.99 from eBay, sold for £20.00 including shipping. Total profit after fees: £9.50

Ridge Racer Revolution on the PS1.  Cost £1 from a car boot sale, sold for £8.99 including shipping. Total profit after fees: £5

F1 2002 – came in a bundle of other games. Cost about £0.30, sold for £3.99 including shipping. Total profit after fees: £1.50

RMS Queen Mary model ship.  Cost £4 from a charity shop, sold for £23.49 including shipping. Total profit after fees: £13.50

2 x Red Herring from Debenhams mens jeans, cost £2 for the pair from a charity shop, sold for £18.49 including shipping. Total profit after fees £11

1994 Payday board game. Cost £2 from a charity shop, accepted an offer and sold for £9.50 including shipping as it was incomplete. Total profit after fees £3 – have since had a message from the buyer complaining as there’s a couple of marks on the 24 year old board game bank notes. I think seeking a partial refund but I’ve advised that if they are unhappy with the condition they need to return it to me.

Simpsons hit and run game on xbox – cost £1.25 at a car boot sale – sold for £10 including shipping. Total profit after fees £5.50

Dancing stage euromix PS1 game  – cost £1 at a charity shop – sold for £5.99 including shipping. Total profit after fees £2.50 – this one took ages to sell!

Handmade Rocking horse – cost 99p from ebay – sold it for £9.99 on a collection only auction as was fed up of it taking space and not selling. Total profit after fees £7.50

Dr Seuss Cat in the Hat xbox game – picked this up as part of a bundle from another reseller, Cost £0.50, sold for £6.99 including shipping. Total profit after fees £3.50

GTA liberty city stories PSP game – cost £0.99 in a charity shop, sold for £6.49 including shipping. Total profit after fees £3

Auf Widerschen Pet Story book –  cost £0.33 in a charity shop, sold for £13.50 including shipping. Total profit after fees £8

Samsung external DVD writer – cost £4 in a charity shop, sold for £16.49 including shipping. Total profit after fees £7

Medal of Honour Allied Assault PC Game. Cost £0.10 from a house clearance shop, sold for £4.99 including shipping. Total profit after fees: £2.50

Star wars episodes 1 and 2 on VHS – cost £0.10 picked these up as part of a bundle from another reseller, cost £0.10, sold for £9.49 including shipping. Total profit after fees £5

2 blank E240 videotapes – picked up as part of a bundle from facebook marketplace, cost £0.10, sold for £9.49 including shipping. Total profit after fees £5

1960s type writer (spares and repairs) cost 99p from ebay – sold it for £5 on a collection only auction as was fed up of it taking space and not selling. Total profit after fees £3

Star Wars pyjamas (brand new) cost £4 in a charity shop, sold for £15 including shipping. Total profit after fees £6

Lego Harry Potter 1 – 4 xbox 360 game – cost £1.25 from a car boot, sold for £8.99 including shipping. Total profit after fees £5

Happyland cherry lane cottage – cost 99p from ebay – sold it for £20 including shipping. Total profit after fees £12.50

Winnie the Pooh video – picked up as part of a bundle from another reseller, cost £0.05, sold for £6.49 including shipping. Total profit after fees £2.50

Canon powershot SX130 digital camera – cost £4 from a car boot sale – sold it for £45.99including shipping. Total profit after fees £33.50

Lego batman the video game xbox 360 – cost £1.25 from a car boot, sold for £8.99 including shipping. Total profit after fees £3

Star Wars Darth Vader and Biker scout figures – cost £16.99 from Home Bargains, sold for £30 including shipping. Total profit £6

Shrek 2 PS2 game – came in a bundle of other games. Cost about £0.30, sold for £3.50 including shipping. Total profit after fees: £1.

Total profit from eBay £185.50 – a great profit towards the challenge!

Other Income:

Qmee – £1.50

Citizenme app £0.44

Week 2 total: £187.44 towards the challenge.

Totals so far this month:

£187.44 added to the week 1 total of £128.80 gives me an impressive £316.24 towards my monthly challenge of £430 with another two weeks to go! I fully expect week 3 figures to be much lower as I’m away for most of the week but I’m pleased with how things are going so far.

Thanks for reading and I hope the above gives you some inspiration in your own money earning challenges 🙂

Andrew

 

 

 

 

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