11/14/2016 at 11:02 am #5754Retro Treasures WVParticipant
Some of us here are full time, and some are part time. I currently fall into part time because I have a day job. Many of us pay bills, go on vacation, invest, etc. J&R use their profits to buy and renovate houses, which is awesome!
So what interesting ways do others here use their profits?
Currently, I have too many house projects to even list. I was talking to a church friend last week who does carpentry. It dawned on me that he could help me clear my project log this winter!
I only have so much time to get things done and the list just gets bigger and bigger. I had him come over this weekend and showed him the three most pressing projects. I can’t wait to get these things done!
My wife assumed I was going to help him. Nope! While he is working I can list on ebay. First, I enjoy doing that way more. Second, I create far more value listing than I would saving a few pennies helping on the other work. Assume I knocked $10 an hour off the rates for doing the carpentry by helping. I can list several hundred dollars in inventory in an hour. It’s a no-brainer.
This lets me reclaim my time, get projects done around the house, and the net financial aspect is positive as I’ll make more than the cost of the carpentry jobs based on the equivalent time I spend listing.
So in effect, I am using ebay funds to buy me more time.
Eventually I would like to also farm out my landscaping. If I could find someone to do all our laundry as well, that would be awesome. Laundry for 6 people is no laughing matter.
11/14/2016 at 3:44 pm #5787shortandstoutParticipant
- Location: Central Pennsylvania
I also do eBay part time and so far, what I haven’t reinvested in more inventory, I have used as fun money. That will end starting next year as we move into our mortgage after the construction period. I plan to funnel most if not all eBay money into paying off the house or investing. I’d like to get to the financially independent point in the next 5 years so I can switch to eBay full time.
If I didn’t have that goal, I’d use it to travel more….well, more within the time I get off from my job.
Oh! I also will be sending some of the eBay profits into our other hobby/future venture of hard apple cider! My husband’s family has a smallish farm and we are in the process of building up an apple orchard focusing on traditional cider apple varieties. We are in the process of making 60 gallons for this year for our personal stash. I’d like to get to a 9,000+ gallon level in 10 years which will require a big financial investment for another 1000 trees, fermentation tanks, climate controlled storage/fermentation building…..yeah. I need to sell a lot on eBay and eventually cider to get to my goals.
- This reply was modified 4 years, 2 months ago by shortandstout.
11/14/2016 at 4:02 pm #5792JayKeymaster
- Location: Virginia
This is smart. We like to hire people to do jobs quickly that would take us a long time to do.
11/17/2016 at 7:40 am #6000cramgalParticipant
We used it for extras like jeans for the kids, flea meds for the dogs, eating out once a month etc and I also used it to pay for all bday and Christmas gifts for the year. This made it easier to achieve our main goal which was paying off our mortgage. We are now 100% DEBT FREE!!!!
Since I have my Christmas/bday fund fully funded I am saving to send my husband on a mission trip to Haiti.
I am thankful every day for Ebay.
11/27/2016 at 9:44 pm #6663michael dParticipant
Im full time so I guess I use ebay/amazon profits for everything. But, we just took a seven day Disney cruise with the kids that was fully paid for by ebay profits. We booked a placeholder future cruise at a steep discount while on board. Now we have 24 months to save up for another one.
11/29/2016 at 9:43 pm #6851KD_MacParticipant
Congrats to Cramgal!! So awesome!
Our largest eBay profit purchase is probably a hot tub/spa. Our daughter has a disability that results in her experiencing daily pain and mobility challenges. Her orthopedic surgeon has written us a prescription for a hot tub every year for multiple years in the event we were able to buy one. (So we could deduct it from our taxes) Warm circulating water is really beneficial for alleviating the pain people with her diagnosis experience. I can’t tell you how happy it made me to pay in cash!
We’ve also paid for diseased trees to come down, a dishwasher, submitting an extra mortgage payment & a few car payments, a family vacation, carpet, cell phones for a family of 5, and a cleaning crew to come in twice per month.
11/30/2016 at 11:00 am #6904beebsnceejParticipant
I think that it is so cool that you were able to get a hot-tub for your daughter with your profits! I am inspired!
I too have a child with some medical issues. We are learning a lot very quickly. Even with insurance the costs associated with her care are adding up. I am so glad I can make a little money on eBay to help with those kinds of expenses though.
11/30/2016 at 11:06 am #6908beebsnceejParticipant
I desire to have my eBay profits pay for things like building a home on our property in Northern AZ when the hubs retires. I’d also like to get to a place where we can freely give with abundance. Right now the reality is eBay gets us through Christmas, helps with medical bills and funds road trips to see my family in Seattle. And I am so thankful eBay is there to help me make those things happen.
Time management is an issue for me and prevents me from making my eBay business a consistent money maker. I am working hard to manage my time better though. I am busy, busy, busy but who isn’t?!
12/01/2016 at 11:58 pm #7030
12/02/2016 at 12:03 am #7033AnnaParticipant
Laundry is no laughing matter and there are only 4 people at my house. I have had to do very little laundry over the last year. I pay my twelve year old to do the laundry. Our washing machine has been broken for over a week and he wants to earn money, so we are going to the laundromat tomorrow.
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