Week 7 of the money mental earnings challenge – can i make this month’s target?

Week 7 of the money mental earnings challenge – can i make this month’s target?

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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 7!

eBay:

Star Trek Legacy  – Cost £0.10 from a house clearance shop, sold for £5.50 including shipping. Total profit after fees: £3

Bop it Micro Series – Cost £1 from a car boot sale, sold for £15.49 including shipping. Total profit after fees: £9.50

Dragon Age Inquisition PC Game – Cost £1 from a charity shop, sold for £6.99 including shipping. Total profit after fees: £3.50

Airfix Cutty Sark kit – Cost £2 from a car boot sale, sold for £10.49 including shipping. Total profit after fees: £4

Red Dwarf Series VII Dvd (brand new and sealed) – Cost £0.50 from a charity shop, sold for £5.99 including shipping. Total profit after fees: £3.50

Singstar Take That on PS2 – Cost £0.10 from a house clearance shop, sold for £4.99 including shipping. Total profit after fees: £2.50

Nintendo 64 Pokemon Stadium Edition – Cost £55 from Facebook marketplace, sold for £134.99 including shipping. Total profit after fees £55 (worth looking out for these rare console special editions if you can – I deliberately held on to this one until Christmas so I could get the best price).

Kevin the Carrot Beanstalk Book – Cost £2.99 from Aldi, sold for £10.49 including shipping. Total profit after fees £3.

Pharaoh Gold PC Game – Cost £0.10 from a house clearance shop, sold for £8.99 including shipping. Total profit after fees £6

Theme Park World PC Game – Cost £0.10 from a house clearance shop, sold for £4.99 including shipping. Total profit after fees £2.50

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

Mr Bean Christmas Special DVD – Cost £0.10 from a charity shop, sold for £4.99 including shipping. Total profit after fees £3

Star Wars Trilogy VHS Video – picked up as part of a bundle from another reseller, cost £0.05, sold for £9.49 including shipping. Total profit after fees £5

Imaginext Gotham City Jail – Cost £2 from a charity shop, sold for £12.49 including shipping. Total profit after fees £5.50

Kevin the Carrot Beanstalk Book – Cost £2.99 from Aldi, sold for £9.50 including shipping. Total profit after fees £2.

Brian Lara big box PC Game – Cost £1 from a charity shop, sold for £7.50 including shipping. Total profit after fees £2.

Rugrats in Paris PS1 Game – Cost £0.99 from a charity shop, sold for £8.99 including shipping. Total profit after fees £5.

Theme Hospital PC Game – Cost £0.10 from a house clearance shop, sold for £5.99 including shipping. Total profit after fees £3.50.

Start the Party PS3 Game (brand new and sealed) – Cost £0.50 from a charity shop, sold for £5.99 including shipping. Total profit after fees £3.

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

Stronghold PC Game – Cost £0.10 from a house clearance shop, sold for £3.75 including shipping. Total profit after fees: £1.50

Command and Conquer Tiberian Sun PC Game – Cost £0.10 from a house clearance shop, sold for £4.99 including shipping. Total profit after fees: £2.50

The works scrapbook set – Cost approx £0.30 as part of a bundle of stuff I bought on eBay, sold for £8.49 including shipping. Total profit after fees: £4

1999 Furby (boxed) – Cost approx £15 from an eBay auction, sold for £45.99 including shipping. Total profit after fees: £20 (These sell brilliantly at Christmas!)

Senna DVD – Cost £0.10 as part of a bundle of DVDs, sold for £3.99 including shipping. Total profit after fees: £2

Command and Conquer Generals PC Game – Cost £0.10 from a house clearance shop, sold for £4 including shipping. Total profit after fees: £1.50

Vintage 1973 Wombles plush – Cost £3.50 from a charity, sold for £15 including shipping. Total profit after fees: £6.50

Other Income: 

Citizenme £0.22

Week 7 Total Income: £164.72

Adding this figure to week 5 and 6’s income gives me a total income for the month of £510.72. Which means I’ve already managed to exceed the earnings target of £430 for this months’ challenge! This is good news as with the Christmas period falling in the next couple of weeks i expect to start seeing a decline in orders.

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

Andrew

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