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Selling on e-bay to come debt free!

Hiya everyone
New year for me and my hubby. We gonna clear our debts well at least try.
hubby got 2 credit cards
mint is £200
b/card is £250
burton store card £40

My debts
Evans card £200
kays catlogue is £200

Plus a loan for £12,500 which is doing our house up with. was needed cos had no bathroom suit and kitchen!

We pay £160 a month on the loan. which is fine.
My main is getting all the little ones clear!

Gonna keep a recond on saving to pay off the debts!

thank you all
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Comments

  • Two9A
    Two9A Posts: 274 Forumite
    eBay definitely sounds like a plan; I just started selling stuff on there myself (made about a tenner this week, it's a start), and my brother does it for a day job, so it's possible to make money from the place.

    You should be able to kill the store cards dead very soon, and free up some money to throw at the big loan.
    Debts (26.3% remaining) - CC/BARC: [strike]2058[/strike] 100.00 @0%; CC/MBNA: [strike]1877.75[/strike] 0.00; Loan/SLC: [strike]10000[/strike] 7901.84 @1.5%; Loan/Per: [strike]1500[/strike] 0.00; Loan/HX: [strike]15000[/strike] 0.00
    Mortgages (94.7% remaining) -
    NW: [strike]92516.94[/strike] 87565.40 @3.19%; HBOS: [strike]65599.57[/strike] 59106.45 @4%, [strike]69251.57[/strike] 68589.97 @3.49%
    Total amount of fail: Dangerous (223263.66)
  • em84_2
    em84_2 Posts: 124 Forumite
    I have a small bedroom with loads of stuff in there to sell. Gonna start listing my items tonight. Shocking to think it so easy to get in to debt but take forever to get out of it.
    I must say i do like shopping! and always have a store card for evans. no no more i just cut it up. and i feel great bout it! lol
  • jessicamb
    jessicamb Posts: 10,446 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    Get Turbolister to cut down on the pain of listing everything if you dont already have it.

    Good luck with your sales.
    The early bird gets the worm but the second mouse gets the cheese :cool:
  • We managed to raise nearly £400 in one month on ebay after a mass listing. Paid off one of our debts as well!
    Good luck!
    Total 'Failed Business' Debt £29,043
    Que sera, sera. <3
  • em84_2
    em84_2 Posts: 124 Forumite
    Thank you for that :) Gonna start now, need to get my !!! in to shape and get saving paying the debt off, get the house done too. lol
    I will keep u update. Fingers cross i have at least one debt pay off by feb!
  • heppy23
    heppy23 Posts: 478 Forumite
    Part of the Furniture Combo Breaker
    jessicamb wrote:
    Get Turbolister to cut down on the pain of listing everything if you dont already have it.

    Good luck with your sales.

    I agree, turbolister is great for selling lots of fairly similar items. I had a good clearout in the garage a couple of years ago and listed 60 items in about an hour (with photos and full descriptions).
  • heppy23
    heppy23 Posts: 478 Forumite
    Part of the Furniture Combo Breaker
    em84 wrote:
    I have a small bedroom with loads of stuff in there to sell. Gonna start listing my items tonight. Shocking to think it so easy to get in to debt but take forever to get out of it.
    I must say i do like shopping! and always have a store card for evans. no no more i just cut it up. and i feel great bout it! lol

    The good thing is that you don't have to go mad and list it all at once. Try and do a couple of items every couple of days, then you will see the money coming in steadily and you won't get swamped with a big pile of stuff to post at once. It gives you a warm feeling to see the money creeping in.
  • em84_2
    em84_2 Posts: 124 Forumite
    I think i will list bout 5-10 items a night or couple of days. hubby told me to clear mystuff out lol Must have bout 10 pair of jeans need selling. lol Some times i cry at night thinking we never gonna get out the debt circle. Dunno if anyone else is like that?
  • Hi
    Welcome to the MSE board, and i'm sure you'll stop going round in circles soon, as you're obviously trying to make positive steps.

    Good luck with the ebay sales, once you start selling things you'll get addicted to trying to find more things to sell.

    If you haven't already done so, take a look at the ebay & auctions etc forum on
    http://forums.moneysavingexpert.com/forumdisplay.html?f=40&order=desc

    You'll find lots of useful tips and advice, plus if there's anything your unsure over there's lots of helpful posters on there.

    goodluck x
    "A bargain is something you can't use at a price you can't resist." Franklin Jones
  • em84_2
    em84_2 Posts: 124 Forumite
    Evening all
    Spent the last 2 hours listing items on ebay. I will keep u up to date with my savings and payong of my debts. first lot end wednesday and all ready got a bid! yippe!!!!

    Night all
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