Day 6 of Money Challenge #2: Everyday Listing/Selling for 31 days – The Eye of the Needle

My college boyfriend taught me how to knit. His mom had taught him as a kid and he was quite good. While he was knitting complicated patterns for cabled neck sweaters and intarsia hats, I was still knitting scarves and wash cloths.

In fact, I never graduated from the scarves phase of knitting. The only thing that progressed in my knitting hobby was my super human power to accumulate knitting gear. Knitters know how addicting buying yarn can be. I even bought sets of needles in various colors and sizes, including vintage knitting schwag:

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That’s right! Vintage 1950s Made in America knitting gear by Marcia Lynn – and still in original packaging.

Unfortunately, they don’t sell as well as I’d hoped. So I’ve combined them into one listing to increase their odds of selling. Starting bid is only 5.99.

So far I’ve put 9 listing on ebay and only one thing has a bid (the Avon locket necklace) and even that’s only going for $2.99!

I keep telling myself that at least the stuff is listed and not just wasting closet space. *sigh*

Day 6

Listed thus far: Sarah Coventry brooch, vintage candelabra, Springer spaniel belt buckle, Cabela’s socks, Avon necklace, vintage ice cube tray, viking like candelabra, and vintage Looney Tunes DEKA plastic mug, vintage knitting supplies

Total sold: $0

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Day 5 of Money Challenge #2: Everyday Listing/Selling for 31 days – DEKA

Surely you’ve seen cutesy plastic mugs around ebay and etsy such as this one that I listed today:

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They were widely massed produced in the late 70s and throughout the 80s with popular trademarked themes of the day that are now super nostalgic, such as Looney Tunes, Strawberry Shortcake, He-Man, Pac Man, Smurfs, etc.

And they were all produced by DEKA Plastics in the USA. The company was known for high quality plastic goods and their nostalgic mugs have stood the test of time, making them a great collector’s item and fairly easy to sell. You can find DEKA mugs in most thrift stores, buy them for 30 cents and resell them for $6 on ebay. Not a bad profit.

So I’ve listed my 1983 Looney Tunes DEKA plastic mug on ebay for $5.99.

It’s cute, right?

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I grew up with a Sylvester doll from which I was inseparable. These nostalgic items speak to our Generation X or Generation Y childhood experiences. Maybe that’s why they’re pretty reliant best sellers.

Day 5

Listed thus far: Sarah Coventry brooch, vintage candelabra, Springer spaniel belt buckle, Cabela’s socks, Avon necklace, vintage ice cube tray, viking like candelabra, and vintage Looney Tunes DEKA plastic mug.

Total sold: $0

Day 4 of Money Challenge #2: Everyday Listing/Selling for 31 days – It’s storming outside

That’s right, it’s storming outside. A classic Spring Midwestern storm that’s kept me mostly inside. But I did muster up the energy to visit a nearby thrift store just for fun and found these:

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Cabela’s Men’s socks. They retail for $12.99 and I got them for much much less than that. A friend at work recently made a profit off some Cabela’s clothing by listing it on ebay, so I decided to go ahead and take the chance. Plus, if they don’t sell at least The Beard can wear them.

Then I felt guilty for buying something to list when I have stuff at home that I should be listing. And since it’s a stormy day, I made the most of it by listing three additional items:

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A costume jewelry necklace, a weird kind of viking candelabra, and an old ice cube maker. I’ve listed them all.

So far the most views one of my items has gotten is nine. NINE! That’s it! I don’t know why I have a bad luck streak with ebay going but I hope it ends soon.

Day 4

Listed thus far: Sarah Coventry brooch, vintage candelabra, Springer spaniel belt buckle, Cabela’s socks, Avon necklace, vintage ice cube tray, and viking like candelabra.

Total sold: $0

Day 3 of Money Challenge #2: Everyday Listing/Selling for 31 days – Dog days of ebay

So far there’s no buyers for my vintage candelabra or brooch so I found something random that is so random it just might sell!

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Behold! A vintage springer spaniel belt buckle!

Somebody has to be into Springer Spaniels enough to want to keep them near their button fly, right?!

I can only hope. I listed it starting at $4. We’ll see if I get an interest over the next 7 days.

Day 2

Listed thus far: Sarah Coventry brooch, vintage candelabra, Springer spaniel belt buckle

Total sold: $0

Day 2 of Money Challenge #2: Everyday Listing/Selling for 31 days – Friday night candle lights

I got home from a long day at work and was unwinding with a good documentary and a full craft beer with a dog on my lap when I realized that I hadn’t listed anything to sell for today. So I went upstairs to the storage room and found this gem:

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A 3 tiered dark wood vintage candelabra. I bought it at a thrift store a while ago for only $2 and haven’t used it since then. But ebay enthusiasts now have 7 days to bid on my shortcomings. Let’s hope they go for it.

Day 2

Listed thus far: Sarah Coventry brooch, vintage candelabra

Total sold: $0

Lessons Learned from Money Challenge #1….and new challenge!

It’s been a week since Money Challenge #1 ended. It was quite humbling to come up short by almost $200. But I learned some valuable lessons to help aid me in accomplishing future challenges:

1. Don’t stop the winning streak. I quit collecting money everyday on Day 12 of my last challenge and never fully got back on board. That was a mistake. Taking a break made me lose the momentum needed for achieving the objective. In the future, there should be a daily blog post to stay motivated.

2. Be reasonable with goals. The Beard thinks it was silly to set a random dollar amount in the last challenge. When I told him I wanted to somehow make $500 in 31 days, his response was, “How did you come up with that amount as a goal?” I didn’t have a good answer. I guess it’s better to set smaller, more realistic goals.

3. Stay motivated. I could have psyched myself up more to help myself stay motivated during the last half of the challenge.

So I’ve decided to take on a similar challenge with different goal points. Plus, this one combines my love of accruing extra money with my desire to downsize my belongings in hopes of embracing a more minimalist lifestyle.

So the new challenge is:

Everyday Listing/Selling for 31 Days

That’s right. I have to list or sell something every day. Every day, I need to put something on Craigslist or Ebay or Facebook to sell or I need to somehow sell something by taking it to a resell shop.

Although I haven’t created the rules of the challenge yet, I’ve already decided to list something. So, as of Day 1, I’ve listed this brooch on Ebay:

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This kickstarts Day 1 of the challenge. Hopefully with a daily goal as part of the challenge I’ll actually be able to achieve it!

Responsible couponing – weekly shopping trip

Couponing. It’s not my favorite word. It implies an activity done by greedy hyped up consumers who somehow get a rush out of getting 6 bags of croutons for free. You know who I’m talking about.

They keep personal stock piles the size of a small grocery store.

Dozens of containers of toothpaste, shampoo, canned goods and boxed meals. They seem to have everything but enough.

Like millions of Americans, I hopped on the speeding coupon train in 2011. Not to create a stockpile, but to tighten my grocery budget by a couple hundred a month.

That first year of clipping coupons had some pretty embarrassing moments. Amateur mistakes such as forgetting expiration dates, buying things I didn’t need because “it’s such a great coupon!” and spending hours crafting the most efficient coupon friendly shopping list only to realize at the store that just buying the generic versions were a way better deal than using my coupons.

I’m much better now. I no longer aspire be one of those extreme coupon people who pay only $2 for $900 worth of groceries. Yes, it would be a nice rush. But in the end, you’re left with more than you need and that’s just silly to me.

Instead, I have fun planning a weekly trip to Target to get the best deals for our household of the things we need or will certainly need in the future.

This week, I had one of my best values yet! Here’s my loot:

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8pk of Bounty paper towels (3); 2liter of soda (5); loaves of bread from the bakery (2); 24ct Ibuprofen (2); 32ct foil muffin liners (2); Degree deodorant; Chocolate-covered almonds.

Total: $20.47

It’s no extreme couponing, but it’s a nice rush to see the total on the register drop from $75.05 all the way down to $20.47.