The turn £100.00 into £10.000.00+ by the end of 2010 official thread

KarleyMarie

Buffythedebtslayer wrote: »

If you are buying to sell on - that means you should register to pay tax, and I think officially you need a business account? ie you are no longer a private seller selling your clutter.......?

But I can't find anything helpful on the e bay site. I can never find help on their help if you see what I mean!

That's what I thought; yet I can't find anywhere to upgrade my account?
If I get another email address can I just have a 2nd ebay account? Is that allowed by ebay rules as long as I keep both seperate? Ie one private one business?

Thanks again





Edit - just to clarify I have registered for tax!
x

cally6008

Buffythedebtslayer wrote: »

Well I have been doing my free scratchcards this morning and playing my free bingo(not won but have a few days left of the freeness)

So far I have 2.10 +7.65 in the scratchcards( I keep forgetting to do them!)

I won't have a 100 pounds start up, I have an account my cash back goes into which I will use to pay in pay pal money from e baying my clutter and anyother extras. I am going to aim for 10,000 pounds. Mad maybe but I do have the whole year and I do have lots of ways to make even tiny amounts, it all adds up!

Good luck everyone xxx

Hi Buffy,

I'm not signed up for this challenge but what I'm doing is to break the £100 up into smaller bits. I used £5 of it for the SoBingo promotion, I've used £5 of it to start the Bingo Britain account off ... I guess what I'm saying is that you dont have to have the £100 there in your hand to start ... If you know what I mean

cally6008

MummyandPaige wrote: »

forgot to say, to my great shame am over £60,000 in debt, living in rented property with no furniture other than a sofa, beds and white goods (although no washing machine,it passed away on boxing day), don't drive and have 2 children under 3.

£20000 of that is a loan on a boat, (OH wanted to be a fisherman) between me and him, we are hoping to clear all debt, put a deposit on a house, own a wardrobe, learn to drive and get a car nd take the kids on holiday, all in the next 3 years.

This challenge has come at the right time, was wondering how the hell we were going to do it, but now with the help of this thread, hoping that I will be making headway by the end of the year.

Have you tried asking on your local Freeshare group or Freecycle for a wardrobe and any other furniture you need ?

nikki2804

Does anyone make their own jewellery? Does it sell?

I'm quite crafty and would love to sell things like this!!

jkc_2

hiTheres a new jewellery and bead shop opened near me, everything is so pretty, she does classes which you can book at 15 pounds a head which includes materials.some of the classes she holds are wedding tiaras and apparel, neclaces and pendants, bracelet making, charms and amulets. not sure how successful she is thou. reg jkc

KarleyMarie

Update: I have registered for a seperate business account

Thanks x

Esqulax

cheekyemma wrote: »

Can anyone help me with a carboot question? I'm based in Surrey and can't seem to find any info on when or where the next carboots are being held. All the websites I have checked havent been updated since the spring! I would really like to get carbooting in the next few weeks! If anyone knows anything i'd be grateful xx

Good start cheekyemma!
As for carboots, they dont tend to be advertised a lot for some reason. best bet, ask around at work, or your friends etc.
I find its the '[STRIKE]older silver[/STRIKE] more mature generation' that know where all the boot sales and jumble sales are. also scout groups etc

Sally22_2

Well i have started by putting a few lots on ebay, i have a pile of stuff to take to a boot sale (just need to find out when the next one is round here) and I have worked out if i sell off my usborne books with discount i should make just under £800!

This doesn't include all the stuff i have at my mums, i am up there in early Jan so will see what i can scavenge from my old room, my old books and toys

Good start i think! Been finding loads of ebay wholesale lots i would love to get my hands on but my partner has said i have to get rid of the stuff i have before i get any more!

Esqulax

So un-motivated right now
3hr drive home (from parents) turned into a 5hr drive thanks to sitting still on the M5. got to the point where i turned the car off to save fuel, and started doing a crossword!

I think the only steps ive managed today towards this, is moving all the ebay stuff right in the middle of the room. Totally in the way, so it cant be ignored

Plan: by Friday listed at LEAST 50% of this stuff on ebay, bring a cheque from the water company to the bank, write the an SAR request/phone Egg. phone landlord to renegotiate rent, phone council to sort out sudden tax bill, get in touch with a local night-business based place for a saturday job.. probly dominos.

PHEW!
Time for bed i think tomorrow is another day, and i'm ready to grab it by the horns

iamsamsmum

Hi All,
I joined this thread what seems like ages ago (I think I'm member number 40 something lol) Finally just caught up to the end, a couple of days of for xmas and I was way behind!
Just wanted to ask, I think its been asked before but cant seem to find it again (typical!), if you are making things specifically to sell on are you required to pay tax on the goods?
My OH is a carpenter (out of work at the moment grrr!) so I've been looking into things he can knock up that we could sell, any ideas on items he could make also greatly appreciated!
Keep up the good work folks, and remember, think wealth not debt!