Debt free by 40 -- 19 Months and counting

StressedSteph

Puzzcat wrote: »

We have loads....I would say I don't know where it all came from but I suspect being 60k in debt I may have overpurchased in the past!!

I had to have a little chuckle about this. We are the same, except I have #bayed most of it now. Every item I sell that isn't really worn or been used. I can't help buy think what a waste of money it was and now I am selling it for 99p :mad:.
Maybe I will try to put a positive spin on it and just think that maybe the huge bargain is helping some other poor soul that is struggling

wantabetterlife wrote: »

Hope the buyer pays up Steph..that's the thing about ebay when its good it great but when you get some pain in the ar*e buyers it is a total nightmare and puts you totally off. Hope you have a nice weekend

Noticed quite a few payments have gone into Paypal today, so will have a look in a minute and hope everyone has paid up. Thanks hun, sun is shining x

StressedSteph

Morning Diary,


Sun is shining so I am just going to type a quick post then off to do some gardening.

Paid an extra £28.78 off the Barclayc#rd this morning. An extra bit hubby made on a small job. Now down to £616.

Will have £40 to pay against it by the end of the weekend. From the two craft jobs I did. (£576).

Then next week I should be able to pay my Snowball payment which is £192. (£384). :T

Really want to pay it all off in March but think that might be abit of a mountain to climb.

I am now tracking how much I pay against debts each month. Trying to make sure that I hit my 1k mark every month. I have figured out that I am quite happy with the debt free date if I can pay off 1k per month. I think I am on target to do that this month, but going to be tough. Good to have a challenge though.

Got £16 in my Payp#l account but only £3.98 of it is my money and not postage costs :mad:

Nevermind. Got to find some higher value items to sell. these .99p things kill me.

StressedSteph

Just been paid £20 for some Bunting, paid Barclayc#rd, now down to £596 :j

clearmydebts

Well done on getting rid of Argos. You must be thrilled with that!

StressedSteph

Morning all,


Made a few debt payments this morning.


N3xt £120
Littlew00ds £183
V1rgin £74.00


I have just reached my March Mini Goal of getting into the 17k amount of debt :T.


Still got £522 to pay against debts this month. That should take me over my 1k per month target for March :j.


Spent so long outside in the sunshine this weekend, a lot of my 3bay auctions ended and I haven't sat down to work out what money I may have made from it.


Will go off any do that now and report back in abit.


xxx

maddiemay

Great news about the mini targets, well done.

Hope the e-b*ying went well.

Sunny again here, the garden tidying beckons, catch up with you later.

MM
xx

StressedSteph

Hi all and MM


Just checking in after the post office trip. I have checked Payp#l and I have £38.14. Minus the £20.80 for postage costs that leaves me with £17.34 in my account.

Think I will leave that in Paypal to cover Final Value costs coming out of my account. I think I am at £22 at the moment as I didn't calculate that on previous sales :mad:.

so that Eb#y session felt like it was for no gain really, but at least I have nearly covered my fees that have built up.

Had a little brainwave this morning. Think I might put my polytunnel to some good use and grow some perennials for re-sale this spring.

I will use this diary to keep track of my costs.

Just this morning I bought 40 - 6 holed modules. (22p each)

and the following packs of seeds

Penstemon 500 seeds / £2.05
Delphinium, 25 seeds / £3.15
Lupin, 75 seeds / £1.85
Foxglove, 2500 seeds / £1.85
Dahlia, 50 seeds / £2.05
Pansy, 120 seeds / £1.85

All of this adds up to £21.60
+ 2 bags of 50 litre compost £6.60

Total outlay so far £28.26

I need to have a look at how much I can sell packs of 6 of each of the above plants. It also I suppose depends on how successful the seeds grow.

But if I sold 40 trays @ £1.50 = £60 - costs = £31.74.

Almost think I could charge £2 each for 6 though so that would be a profit of £51.74

I feel tempted to do annuals but not sure if I am abit late to be sowing them now and also where I will sell huge quantities.

In our financial situation I feel I should probably play it abit safe and maybe build up over the coming years.

what are your thoughts on what I am doing?..

debtfreewannabe321

Morning Steph *waves* Just catching up

I love the idea of selling flowers, you have the tools needed to do it and it seems a no brainer to me! I love seeing the local houses near me with their tables out the front with flowers for sale. Another one that I bet would sell well would be tomato plants, I prefer to buy these as plants rather than seeds.

Debt-wise you're doing fab! You're going to have that BC smashed in no time at all :T

StressedSteph

debtfreewannabe321 wrote: »

Morning Steph *waves* Just catching up

I love the idea of selling flowers, you have the tools needed to do it and it seems a no brainer to me! I love seeing the local houses near me with their tables out the front with flowers for sale. Another one that I bet would sell well would be tomato plants, I prefer to buy these as plants rather than seeds.

Debt-wise you're doing fab! You're going to have that BC smashed in no time at all :T

Hi DFW,


I love garden gate sale as well. You can get some lovely well priced things. I especially love cut flowers from peoples gardens. So much nicer than the generic rubbish from supermarkets.


Off down the polytunnel to get some sown quick. I have never felt so determined to kill the debt. Hope you are feeling better. xxx

sweetpea26

Hi Steph

Steps out of lurkdom to say well done you are doing so well.

Keep going. Isn't it marvellous to be considering what seeds to plant etc. Spring is here