Week 6 of the money mental earnings challenge – how am I doing?

Week 6 of the money mental earnings challenge – how am I doing?

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Hello all! And another week means another update on the money mental earnings 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 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 6!

eBay:

Three Kings VHS Video – picked up as part of a bundle from another reseller, cost £0.05, sold for £4.99 including shipping. Total profit after fees £1

Fita Football 2004 – picked up as part of a bundle from a car boot, cost £1.25, sold for £3.99 including shipping. Total profit after fees £0.50 (weirdly a day or two after sending this I had a message from the buyer to say I’d sent Fifa 2003 – which I don’t have so couldn’t have sent. But after offering a return they said they’d rather keep it).

Farming Simulator 2004 PC Game – Cost £0.10 from a house clearance shop, sold for £4.99 including shipping. Total profit after fees: £2.50

Apple iPhone X box (empty box no phone in it) – cost nothing as a camera I’d ordered from eBay was packed inside this box, sold for £13.49 including shipping. Total profit after fees: £7.50

Disney BB-8 mug – cost £2 from a car boot sale, sold for £12.49 including shipping. Total profit after fees: £4.50

Lost Season 2 new and sealed – came as part of a massive bundle I picked up from facebook marketplace, cost £0.10, sold for £10.49 including shipping. Total profit after fees: £5

Harry Potter and the Chamber of Secrets PC Game – Cost £0.10 from a house clearance shop, sold for £5.99 including shipping. Total profit after fees: £3.50

The Chronicles of Riddick escape from butcher bay xbox game – cost £1 from a charity shop, sold for £4.99 including shipping. Total profit after fees: £1.50

Kevin the carrot plush – cost £3.99 from Aldi, sold for £13.50 including shipping. Total profit after fees: £4.50

Kevin the carrot Christmas decorations – cost £3.99 from Aldi, sold for £13.49 including shipping. Total profit after fees: £4.50

Mad about fishing DVD set (new and sealed) – cost £1.49 from a charity shop, sold for £9.49 including shipping. Total profit after fees: £3.50

Sensual sax collection CD box set – cost £0.25 from a charity shop, sold for £6.49 including shipping. Total profit after fees: £2

Game Party Nintendo Wii game – Cost £0.50 from a charity shop, sold for £5.99 including shipping. Total profit after fees: £3

Mother’s Day on Coronation Street book – £0.69 from a charity shop, sold for £7.49 including shipping. Total profit after fees: £2.50

Casio Keyboard Stand – cost £1 from a car boot sale, sold for £16 including shipping. Total profit after fees: £7.50

Disney Pixar Cars Mack Lorry – came as part of a massive bundle I picked up from facebook marketplace, cost £0.10, sold for £20 including shipping. Total profit after fees: £13 (practically paid for the bundle on its own!)

Command and Conquer Tiberian Sun PC Game – Cost £0.10 from a house clearance shop, sold for £3.35 including shipping. Total profit after fees: £1

Ice Road Truckers Season 1 and 2 (new and sealed) – Cost £5 from a charity shop, sold for £14.49 including shipping. Total profit after fees: £4.50

Harry Potter and the Goblet of Fire PS2 game – Cost £0.10 from a house clearance shop, sold for £8.99 including shipping. Total profit after fees: £6

Kevin the carrot plush – cost £3.99 from Aldi, sold for £17.49 including shipping. Total profit after fees: £8

Guitar Hero 3 Xbox 360 game – Cost £0.10 from a house clearance shop, sold for £4.99 including shipping. Total profit after fees: £2.50

Kevin the carrot plush – cost £3.99 from Aldi, sold for £17.49 including shipping. Total profit after fees: £8

Walt Disney the rescuers VHS 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

DJ Hero 2 Xbox 360 game – Cost £0.10 from a house clearance shop, sold for £4.99 including shipping. Total profit after fees: £2.50

Vintage MB Games Hotel Board Game – Cost £5 from a charity shop, sold for 34.99 including shipping. Total profit after fees: £22.50

Red Furby – Cost £5 from a charity shop, sold for 26.49 including shipping. Total profit after fees: £16.50

Kevin the carrot plush – cost £3.99 from Aldi, sold for £17.49 including shipping. Total profit after fees: £8

Cotton Traders V-neck t-shirt (brand new) – cost £2.50 from a table top sale, sold for £15.49 including shipping. Total profit after fees: £7.50

Disney Universe for Nintendo Wii – picked up from a car boot sale for £1.25, sold for £5.50 including shipping. Total profit after fees: £1.50

Disney epic mickey 1 and 2 for Nintendo Wii – picked up from a car boot sale for £2.50, sold for £13.49 including shipping. Total profit after fees: £6

That’s it for eBay sales – total profit = £163.50. In the new year, I intend to push on and aim for £200 a week profit as I feel that at some point next year I can hit this if I challenge myself enough.

Other Income: 

I’ve not generated any income from other sources this week due to being away with work for a couple of days.

Week 6 Total Income: £163.50

Adding this figure to week 5’s income gives me a total income for the month of £346. That puts me £84 off this month’s earnings challenge so I’m feeling confident I can make it even with Christmas falling towards the end of the month.

Thanks for reading this month’s challenge update. I hope you’ve enjoyed it!

Andrew

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