Sunday, May 2, 2010

Declutter Challenge April Update: The Big Report

April may be the biggest report of the year, due to my wild idea to prepare items for a consignment sale AND hold a yard sale at the same time! If that was not enough, I also had some books sell on, AND couldn't stop myself from listing just a few items on Ebay. It's been a busy month!

This month I decided to try out Ebay's 'Buy It Now' selling feature: putting some items up for sale at a flat price and making them available for 30 days. I have some nice items I thought might sell well, but that were not necessarily something that people would be excited enough to bid on and wait for an auction to end. Sometimes when I've been shopping on Ebay I've been drawn to items that I could just buy instantly--when I didn't have time or patience to wait for the auction to end to see if I won the item... or not. I sold two of the items within the first week, making at total of $20.05 after fees and shipping. Two additional items are still listed for sale for another week or so, and one of them has already sold so I will count that one in my total for May.

One of these items was a Pampered Chef Tool Turn-About that I never ended up using. I tried to sell it at a yard sale three years ago for $5, and it didn't sell. On Ebay it sold for $15! This is a great example of how certain items are more in demand depending on the marketplace. Probably few of the people at the yard sale were interested in Pampered Chef, but online I had access to many more people who were looking for brand-specific items.

I also sold two additional books at My current inventory there is 4 books, so selling two is a big deal! I earned $15.05.

Our Yard Sale was a fun event, and profitable, too! Most of the items we sold were small household things that we no longer needed, plus a few larger items: a crib, 3 vacuum cleaners of varying functionality, an old large television set, old computer speakers, etc. Amazingly, we made $270.25! I will subtract $10 to cover costs for posterboard, marker, and stickers that I bought. This was the only cost as the advertising was all free!

Lastly, I received my check from the consignment sale, and it's time to announce the winner of my Giveaway. After many hours of preparation of our nicest reusable kid and baby items (and a bunch of cheap books), I was thrilled to recieve a total of $263.63 from the sale! This means that Alyssa is the lucky winner of a $25 Amazon Gift Card! (She guessed $261.00, long before my check arrived in the mail. Amazing!) Alyssa has been emailed to announce the win, and I need to hear back from her in the next 48 hours to issue the prize. Thanks to everyone who guessed!

April Declutter Challenge Grand Total: $558.98

As always, this amount will be applied to my loan. I'm thrilled with my progress as I have paid a total of $1,185.93 so far this year.

Does this mean that my goal to earn at least $100 per month is too low? I've been thinking about this, and I've decided that it doesn't need to be higher. The goal is enough to motivate me to sell a few things each month without feeling extreme pressure. I think I will be happy to earn a smaller amount for the month of May. I still need to finish putting my basement back together. I'm also trying to focus on a few other projects this month and we have a lot of weekend activities. I like that my goal gives me some flexibility to have a lighter month when I need it!

ETA: You can read about other's decluttering progress over at The Finer Things in Life!

1 comment:

Amy @ Finer Things said...

Awesome job! I'm hoping to sell a few things on ebay this month as well. We'll see how that goes. :)