Week 9 of the Money Mental earnings challenge – the end of month two

Week 9 of the Money Mental earnings challenge – the end of month two

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Hello all! And a happy New Year to you!. So another week has passed and we’ve also now reached the end of month two of the challenge so that means another update on the money mental earnings challenge! I know you’ve all been waiting for it! 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 9!

eBay:

1981 MB Matching Pairs game – cost £0.99 from a charity shop, sold for £15 including shipping. Total profit after fees: £8.50

Rod Hull’s Emu game – cost £0.99 from a charity shop, sold for £27.99 including shipping. Total profit after fees: £20 (definitely one to be on the lookout for if you can find a complete and working one!).

Microsoft sidewinder steering wheel and pedals – cost £5 from a charity shop, sold for £38 including shipping. Total profit after fees: £22.

Hasbro Black and White furbling – cost £0.99 from a charity shop, sold for £18.49 including shipping. Total profit after fees: £12 (always worth picking these up when they’re cheap. People don’t replace the batteries when they run out so even if they look like they’re not working I’ve always found a new set of batteries does the trick!).

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

Star Wars the Force Awakens PC game – Cost £0.10 from a house clearance shop, sold for £4.99 including shipping. Total profit after fees: £2.50

Pascal the Parsnip Plush – Cost £3.99 from Aldi, sold for £13.49 including shipping. Total profit after fees: £4.50

Now Quiz that’s what I call Trivia 2 new and sealed – cost £0.08 as part of a bundle of dvds, sold for £5.59 including shipping. Total profit after fees: £3

And that’s it for eBay sales. I wasn’t expecting to sell much over the Christmas week but I’m happy with what did sell.

Total eBay income: £75.

Facebook:

Aldi Katie the Carrot Plus – Cost £3.99 from Aldi, sold for £10. Total profit after fees: £6.01

Aldi Katie and Kevin decorations – Cost £3.99 from Aldi, sold for £10. Total profit after fees: £6.01

Total Facebook income: £12.02

Other Income:

Citizenme app – £0.10

Total other income £0.10

Week 9 total income: £87.12

Adding this figure to week 5, 6’s, 7’s and 8’s income gives me a total income for the month of £664.78. Nice to see I smashed my £430 target and I beat last month’s total of £646.76 as well! I hope I can do even better in January.

Thanks for reading and I hope the above gives you some inspiration in your own money earning challenges 🙂 Feel free to share any feedback you have in the comments section below.

Andrew

 

 

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