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Hope is not an Effective Financial Strategy

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  • shangaijimmy
    shangaijimmy Posts: 3,803 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Well we're pretty astounded as a further 10 items of clothing sold tonight; 25 in total for the weekend! That really gives us a nice pot of cash for DS1's birthday at the end of the month.
    MFW: Was: £136,000.......Now: £47,736.58......
  • Great going SJ!
    DFW (08/08) £64,346.53 Gone (02/19)
    MFW (08/08) £118k Gone (09/23)
  • Just go auctions, but if someone emails asking for a buy it now and we have no bids we generally accept it. The main goal is to get rid of stuff so the majority of clothes lists are a £1, with a few going up to £3.

    I vary the length of lists but try to make sure they finish on a Friday or Sunday night. Sunday's are great as people look at things in the morning when they're in bed, then we finish the lists around 8.30 thinking other people's kids are bathed and in bed and mums may have a quick look at what they've seen earlier!

    That's my theory anyway!


    Good stuff :)


    Not listed stuff for ages but the New Year clearouts have begun :)


    PS Mort dropped below the £100,000 today now all the DDs are processed!
  • Lucky I've got no eBay targets to be honest its just a good opportunity to declutter. I have a deal with Mrs SJ that she can gave the PayPal account monies to spend however she want. It works well as she doesn't need to dip into monthly money for clothes. So, we view it as free money. In the main its kids and her clothes we sell.



    Yeah us men can make clothes last a lifetime ;)


    Cheers
  • shangaijimmy
    shangaijimmy Posts: 3,803 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Below £100k, so envious! Big congrats.
    MFW: Was: £136,000.......Now: £47,736.58......
  • Wow SJ, I know who to turn to for ebay tips. How do you work out cost of P&P for certain clothes?

    In the past ive sold books on amazon and P&P has meant I've made a loss...not very MSE
    1.7.15: £157,469.64, 10.02.16: £93,434.74
    FIT-4 #34, MFW 2016 #89 (£7350/24000)
    Target MFW Dec 2018
  • shangaijimmy
    shangaijimmy Posts: 3,803 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    edited 4 January 2016 at 5:41PM
    Easy, £2.80 under 1kg, so add a few pence on for buying a packet (I get 100 for £3.89). Anything then between 1&2kg I put at £3.50.
    MFW: Was: £136,000.......Now: £47,736.58......
  • A_Frayed_Knot
    A_Frayed_Knot Posts: 3,308 Forumite
    Ninth Anniversary 1,000 Posts Name Dropper Photogenic
    edited 5 January 2016 at 7:35PM
    Happy New Year to the SJ household

    Still to catch up with your diary. Hope to do that tonight. Need lots of bay tips.
    Always have 00.00 at the end of your mortgage and one day it will all be 0's :dance:
    MF[STRIKE] March 2030[/STRIKE] Yes that does say 2030 :eek: Mortgage Free 21.12.18 _party_
    Now a Part Timer from 27.10.19
  • shangaijimmy
    shangaijimmy Posts: 3,803 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Frayed, its not a riveting read!!

    56p TT'd this morning and £7.78 OP'd from TSB interest. And 3 more eBay items have bids on lists due to end on Friday!

    I've also done some broadband research as our package is up this month. I'll be back later to relay info so people can throw their opinions into the mix - I'm torn!
    MFW: Was: £136,000.......Now: £47,736.58......
  • A_Frayed_Knot
    A_Frayed_Knot Posts: 3,308 Forumite
    Ninth Anniversary 1,000 Posts Name Dropper Photogenic
    I stopped listing at 99p with postage at cost as if item sold at 99p I would make 28p:( less cost of packaging.
    Always have 00.00 at the end of your mortgage and one day it will all be 0's :dance:
    MF[STRIKE] March 2030[/STRIKE] Yes that does say 2030 :eek: Mortgage Free 21.12.18 _party_
    Now a Part Timer from 27.10.19
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