December is always a hard month to stay focused on work, projects and saving money.
We all tend to be distracted by friends, family and the spirit of the holidays (plus way too much food).
I found myself in a bit of a pickle this year since I didn’t budget for the Christmas gifts I wanted to buy for friends and family.
I decided that instead of dipping into savings or emergency funds (buying gifts is NOT an emergency) that I would challenge myself to earn $1,000 in the two weeks before Christmas.
Things got off a a great start with my newly opened ebay account when an old iPhone and a collectible coffee mug sold quickly for $50 each.
Then things hit a wall.
I have many very established ebay account, some more than a decade old, but I wanted to start from scratch to show you that you could start selling items on ebay as well to make some extra money.
The problem was that since I was using some of the same info in my new account as my other account I triggered ebay’s security and they froze my accounts. Not just my new account… but ALL of my accounts!
I could have thrown in the towel at that point and given up on my dream to make an extra $1,000 in two weeks but, instead, I refocused my selling efforts to kijiji and craigslist which are local marketplaces that work like classified ads.
I found a very successful product that I was able to sell more than $1,000 worth of net profit in less than two weeks and I’m actually very excited about continuing to sell this product moving forward.
I’m happy to report that I was able to reach my goal of making an extra $1,000 in the two weeks leading up to Christmas.
I also set up an automated savings plan so next year I would have $1,000 saved up by Christmas. Somehow, also managed to write the following articles here at Vosa:
December VOSA Articles
Here are the new articles that were published on VOSA during the month of December .
- How To Conduct A Year End Financial Audit (12 Comments)
- 40,000 Bonus Miles: Barclaycard Arrival World MasterCard Review (10 Comments)
- How To Set Up An Automatic Savings Plan For Christmas 2014 (4 Comments)
- Christmas Money Challenge: Make an Extra $1,000 in Two Weeks (10 Comments)
- Preparing To Flip, The $5 Menu, Bullies, Free Travel & More: November 2013 in Review (8 Comments)
Great Articles From Around The Web
Here are just a few of the articles I enjoyed reading this past month.
- Common Budget Bandits via @brokeGIRLrich – This article goes hand in hand with my article about conducting a year end audit. Watching these common budget bandits can save you a ton of money fairly easily. I was able to do #7 on this list and save $85/month with a couple of phone calls.
- Christmas Money Making Challenge Update! via @debtfreeoneday– It was nice to see someone else who also challenged themselves to make a little extra money around the holidays.
- Year End Checklist For Businesses & Taxes via @SydUntemplater – This article reminded me of the time that I somehow ended up with 2 subscriptions to Hulu Plus for too many months than I care to admit because I wasn’t keeping a close enough eye on my credit card statement.
- Have We Become Too Lazy? via @LiveRichCheaply– The picture of the escalator going up to the fitness center made me laugh.
- How I Was Able To Buy Property 4.5….Breaking The Real Estate Myth via@getarichlife – An article that shows that being creative can lead to getting a deal done. Bonus points for being about real estate which is one of my favorite asset classes.
How was your December? What did you accomplish? What do you have planned for January and 2014? Do you have any good articles related to personal finance that you want to share with myself and the VOSA readers? If so, please leave a comment below. Thanks!