Thursday, May 29, 2014

Ebay For Extra Income

In order to free up some extra monthly income, I am constantly trying to find ways to earn money. Last month I opened up an Ebay account so that I was able to make some extra cash on top of what I already make at both of my jobs. I am allowed to sell 10 items per month which is perfect for me, because I don't have a ton of extra time anyways. In order to make it easy to receive payments from buyers, I also opened up a Paypal account. The only tricky part to setting everything up was linking the Paypal account to my Savings account so that I can withdraw the funds as I please.
      Once I had my account setup for Ebay and Paypal I was able to easily find 10 items around my home to list on Ebay. These items were whatever I no longer had any use for. Below is a list of the items I was able to sell with the Ebay App on my phone.


Items
Price
Complete Forensics Book                      
$16.50
ZTE Warp Phone                                    
$19.50
Bulova Men's Watch                               
$68.00
Kirra Cologne                                         
$75.00
 10 Silver Canadian Maple Leap Coins  
$227.50
Kutting Weight Sauna Shirt                  
$34.00
Guitar Hero World Tour                        
$4.25
UFC lot of 10 DVDs                             
$40.00
Dark Knight Blu-Ray                            
$6.01
6 Bottles Opti-Free Solution                  
$37.56
Gross Total
$460.38
Ebay Fees
-32.34
Net Total
$428.14

I was able to add $428.14 to my monthly income for the month of May, 2014 just by getting rid of some items I no longer had any use for. I don't know about you but that's like an extra paycheck for the week! That extra income can now be used to invest into another dividend stock in the future. Thanks for reading!



5 comments:

  1. Hi Dividend Mongrel,

    It is amazing how much stuff people (myself included) have stored in their house that they a) never use and b) appear to have value to others. I have been selling of things as well over the last two months and it has enabled me to generate quite some extra investment money.

    Best,

    DW

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  2. Hey DW,
    Thanks for stopping in to read my blog. I have lined up another 10 items for next month in order to accumulate more income to invest into another high quality dividend stock. Every dollar counts and I am hoping to be among some of the other great investors that have wonderful blogs and portfolios. I really like your website, and will be adding it to my blogsters so I can stay up to date with some of your posts. Best regards!

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  3. Great job with the eBay profits! Continue to do that and invest the money every month, several years from now, you will look back and see the fruits of your labor. Keep it up. Best wishes. AFFJ

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    1. AFFJ,
      I'm excited to be able to share my journey with everyone and I am hoping that at least one reader out their will be able to learn the concept of working hard in order to invest. Each month the month that is invested is making me more money. All I have to do is sit back and watch it grow! Thanks for stopping in to read! Best regards!

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