What up, y’all! The Challenge Everything Mission continues! Banking $387.83 more to the pile this month and making our total balance now $4,485.22 after just 9 months…
A few months more and we’ll reach our goal of hitting the amount needed to max out an IRA – woo! For barely that much effort too… And another side effect? Less STUFF in our house, and our mind, as well.
Over the month I also created a page to track all the items we’ve sold since starting this mission, and it’s really helped me step up my game on Craigslist again just so I can keep adding to it :) You can find it here, as well as in the nav bar now: Craigslist $$$ Tracker
And here are some fun facts so far over the 9 months:
- Total items sold: 22
- Lowest item sold: $5.00
- Highest item sold: $225.00
- Avg sale item: $40.41
- Amount of extra money received because buyer’s didn’t bring exact amounts: $12.00
- Amount of time it takes to find/take pics/list/offload each item from start to finish: 1 hour
- Longest time it took to sell an item: 6 months
- Quickest time it took to sell an item: 6 hours :)
- Total money made so far: $889.00
Oh, and last month I also had my first scare off CL too. I was texting back and forth with a chick for an item, but when I got to the meeting place (because I never meet at my own house – specifically for reasons like this!) some large ass tattooed guy rolled up, jumped out of the car and within seconds was in my face asking about my items for sale. I was so caught off guard I just stood there for what seemed like hours, imagining all the ways I’m about to die from a $10 item, haha…
Eventually I came to my senses and all was fine, though it was the first meetup where a deal actually fell through. The whole situation was just real creepy and weird and overall confusing. But it did get me to be more careful of my surroundings and to pay attention to my instincts more. After a two week hiatus I was back to selling again and figured I was overreacting as the odds someone would hurt/rob me off a $10 item was pretty low :) Hopefully that proves true!
Anyways, a great month of selling stuff with $110 racked up, and we’re back to our weekly listing again! I’ve included another line of questioning in my “what to sell next?” decision making process too, which has resulted in box fulls of more stuff to offload.
The new question I ask myself now is,
Would you take this with you if you’re moving in two weeks?
It’s amazing how effective this is at giving you an answer once and for all :) Just the *idea* of packing stuff up you’re on the fence about makes you want to shiver, haha… And it’s a great last line of defense if the first two questions don’t work too:
Between the 3 I’d say it helps nix a good 90% of the stuff I’d normally keep around that I just really like. That’s the hardest part to get past, really, once you’ve gotten rid of the stuff you could care less about. You have to then start questioning the stuff you love but rarely use anymore! Which logically tells you it’s time to let them go, but emotionally it’s a whole different story… Though it does get easier as you keep going.
Another interesting thing with all this selling is that I treat that $$$ so much differently than other income streams I get. I think because so much thought and time goes into selling each of the items that I don’t want the $$ received to go to waste. Thus, pouring it all into its own separate savings account so I can watch all the effort and money build up! Which becomes a fun motivational game as well – especially now that we have the Craigslist Tracker going.
Anyways, that’s life in Craigslist land :)
Here’s how the whole mission went down in May:
Cell Phones ($112.58) — Still just soaking up the $$$ after switching to Republic Wireless last year! $100+ bones every month without lifting a finger!
Cable/Internet/Phone ($79.72) — Same with this guy here too – a few changes made and we start saving money each month going forward… Though I did just get a calendar item pop up telling me it’s time already to call up and make sure I lock in future discounts so they don’t reset! Which the industry is known to do every few months it seems! Ugh…
Found Change This Month ($0.59) — We have a new record of found change this month with a whopping 4 pennies, 1 nickel and 2 whole quarters – woo! Most of which found on the same walk and within blocks of each other! People just throwing money out left and right, those dummies…. :)
Ebates “Big Fat” Check ($50.35) — This is the same check I mentioned in our weekly recap the other week where my wife keeps getting back cash back rewards from shopping through Ebates. It takes a while to get a nice chunk like that (usually months), but when it comes it brightens our day :) You mash that up with our Paribus app and you’re on your way to maximized savings yo!
Found $$$ in My Shorts Pocket ($4.00) — I pulled out some shorts from last year, and was greeted with four crisp dollar bills in my pockets :) How I could leave my poor babies behind like that is beyond me, but rest assured they’re now sleeping peacefully with their brothers and sisters in the bank.
Sold Jordans ($50.00) — I finally sold these after 6 months of trying! I guess people didn’t think they were as cool as I did when I first picked them up last year :) As much as I loved the way they looked though (and having my first ever pair of Jordans! Something I wasn’t allowed to have growing up because they cost so much money and my mom was trying to retire early ;)), they just felt uncomfortable as $hit. And I’m not one to rock something if it pains me with every step… So off they go to their new owner who’s promptly going to re-sell them to his own list of clients who collect such things – hah. Maybe he’ll be able to squeeze more money out of them than I did.
Sold My Redskins Jersey ($15.00) — Gasp! This was another item I was holding onto just because I loved it so much but it had literally been 5 years since I last put it on. So as much as I felt like a disgrace selling it as I’m a HUGE ‘Skins fan, I had to let it go to a new home… And what a new home it went to! The guy who picked it up said he’s framing it along next to his other 50+ jerseys where he has a massive NFL shrine going on in his house, haha… along with hundreds of other dolls and collectibles apparently. You meet all types of people on CL!
Sold Speaker Stands ($20.00) — These were my favorites to sell this month because not only where they pretty bulky compared to modern day stands, but I actually got $5.00 more than I was supposed to for them because the buyer didn’t bring the exact amount owed! Which marks the 3rd time this has happened so far and just blows my mind. It’s not like you don’t know what something costs ahead of time! I should stop bringing cash to all the meetups to take advantage of this even more, haha… Two other times they “only had a $20” but fortunately for them I had change. Doofuses…
Sold Old Grill and Accessories ($25.00) — We’ve had this sitting at our house here in VA untouched for two years, and then prior in MD for an additional three years (I’m a disgrace to the male race with grilling). So without even knowing if it worked anymore, I launched it out on CL for $50 to see what would happen. And, well, nothing happened haha… So I continued to drop it until we started getting some nibbles and eventually got it out the door at $25.00. Which was probably a helluva steal (provided that it worked), but BOY what a nice big thing to get rid of! The “would you keep this if you’re moving” trick helped out immensely here, I’ll tell you what. One less thing taking up space!
And that’s May’s money!
I hope you all are finding ways to earn more and cut back too :) It’s kinda annoying at times, but once you get going and watch the money pile up it’s a totally different game. I knew *in theory* that if I started banking all this extra $$ it would go into the thousands later, but SEEING IT in your bank account is a whole other story! With a happy ending too!
So I highly advise separating out this extra money you earn as well so you can watch it grow over time. If you never touch it, it can only go up!
PS: You can find all our monthly updates here: Challenge Everything Mission
[Photo credit: www.gotcredit.com]
Jay loves talking about money, collecting coins, blasting hip-hop, and hanging out with his three beautiful boys. You can check out all of his online projects at jmoney.biz. Thanks for reading the blog!