Thursday, 3 November 2011

Memory Sales = Cold Hard Cash

This week i've been struggling with my personal cash flow. It's been just a few days since I was paid by my employer and i've paid all my bills, i've paid my credit cards more than the minimum payment in an effort to clear them off, hey I even cut them up last month to prevent using them. But i am already skint.

Been looking around my house at items I can sell on eBay for the doubling challenge. I've found at this stage that selling items is an easier way of progressing the stages until later on. I found some no longer used Micro-SD memory cards from old mobile phones that were in a drawer. Thought to myself, hey if I can clear just a few pounds for these each then thats progress towards the next stage. So I listed the memory cards and calculated postage for them, costs as per eBay and Paypal fees.

So after selling 8 cards here are the figures:

Total cash earned: £17.12
eBay fees: £3.72
Paypal fees: £2.17
Postage fees: £2.34 (8 x £0.39)

Total afterwards: £8.89

One thing im disappointed about by this was the amount of fees i've had to pay to achieve this step.

Starting total: £2.60
Money made in this stage £8.89
Ending total: £11.49

This means i've completed step 10 and reached £5. But also i've also reached the step 11 threshold.

Sunday, 30 October 2011

Clean Car = Coin Finds

Found some coins in the car whilst washing it today. In total 9p, so will add these to my pot as I consider this found money.

Starting total: £2.51
Money made in this £0.09
Ending total: £2.60

Friday, 28 October 2011

Update - 1 year on

Well i've not thought about this blog for some time. Reason is, I bought a house and moved in. It was more important to me at the time. Also I welcomed the birth of my second son at the beginning of 2011.

Now as we draw to the winter months and the nights draw in, I'm looking forward to 2012. And what to do with my time during the remainder of 2011? Well it's time to start doubling again.

So where am I with the Doubling to £1,000,000.........

Well I have found my doubling jar. Its contents currenty stand at £2.51 and 10CZK (Czech Republic Krona). I must have raided the jar a few time in the last year for a odd coin or two. I dunno how the Czech Krona coin got in there, but I can not count it towards my total. Also, the Czech Republic now use the Euro so its no longer legel tender.

So...... my total is £2.51 in copper coins. That puts me at Step 10.

Starting balance: £3.99
Ending balance: £2.51