If you had a £10 how much could you make?

Wings_of_Ambition

How strange!

I have a list of 1000 Things To Do Before I Die, and number 50 is

" Take £10, and turn it into £250 by buying stuff from charity shops and ebaying/Amazoning it, then investing the profits."

I think this challenge would be perfect. I'll change my wording a little to allow other ways of making money. I think I'm actually going to be just downright stupid and set myself a 1-year target of turning £10 into £1m, perhaps with my 6-month aim being £250,000 :eek: :rotfl:. Certainly would be something to write about if I achieve it :P

In short... I'm in from tomorrow (1 Jan).

Best of luck everyone

Wings

Wings_of_Ambition

Also, I just wanted to add a quick idea. Although I obviously can't count it, I spent about £15 in a Woolies last day sale (last few hours in fact) yesterday, and I reckon I got about £600 worth of stock. Would definitely 100% recommend going to your local in the last few hours for a bargain, particularly if you're a car-booter (a lot of it isn't worth selling on eBay, but I got a full crate carbootable stuff, worth about £100, for a quid in the last few minutes).

JesaRose

wrenlegs wrote: »

Righteo - thanks Jenna. One last thing, if i let my free scratch cards run for say 6 months so win around £40 am i then able just to wothdraw this cash too having only played them for free??

I wouldn't leave your winnings in for that long - as soon as you have enough to withdraw £10 you should do it. Some on this thread http://forums.moneysavingexpert.com/showthread.html?t=1008985 have had their accounts closed without notice (usually because they only do the free scratchcard or have more than one account). But yes you would be able to take out your money just from the scratchcards. Its recommended that you occasionally play a game of bingo so that they don't see you are only doing the free scratchcards

BinkyB_2

sounds good to me! I like a challenge...count me in!;)

jenjade

I think i have added yo all now if not let me know.. my there are a lot of us this is going to be great!!

I was thinking of the woolies sale on the last day for a few bits!

jenjade

well i have added my stuff up

i didn't spend £3.40
phone profit is £23.58
shoes profit £7.96

so my £10 is now £34.94!! yeah

1938

This is a great idea for motivating us armchair pundits, don't forget to keep the paper trail!

Happy New Year.

1938.

jenjade

would you like to join?

Thats i am writting it all in a notepad!

wrenlegs

JesaRose wrote: »

I wouldn't leave your winnings in for that long - as soon as you have enough to withdraw £10 you should do it. Some on this thread http://forums.moneysavingexpert.com/showthread.html?t=1008985 have had their accounts closed without notice (usually because they only do the free scratchcard or have more than one account). But yes you would be able to take out your money just from the scratchcards. Its recommended that you occasionally play a game of bingo so that they don't see you are only doing the free scratchcards

Tahnks for the tip - maybe every £3 i make ill play a scratchcard or summat

lil_me

bit confused, some seem to have started already, is it 1st Jan to start? If it is I think I will have a go.