Last week, I decided to allocate £100 for Christmas presents this year. Working to this budget for everyone I need to buy for will be tricky, but I think it will be possible to stick to it!
Because I’ve been putting off saving for Christmas (due to focusing on paying off debts), I’ve run into a little problem.
The problem is that I would have to take my allocated Christmas shopping cash out of any spare money left over at the end of the month after bills – and usually anything extra gets paid straight off the debts!
I really don’t want Christmas shopping to interfere with any extra debt repayments so with this in mind, I need to raise money for my Christmas present fund.
I haven’t sold anything on eBay for ages and so this is what I’m going to aim for in order to raise extra cash for Christmas along with any other work I can get that fits around my current job and family.
My Christmas Money Making Challenge
To give myself a good chance of achieving my goal of £100 in extra cash for Christmas, I’m going to list 50 items on eBay between now and 10th December and hope some of them sell. That’s 20 days! The reason for this deadline is that we’re going to stay with relatives from then until January for a long Christmas break, so I need to make sure all my shopping is done before then!
This is going to be a tedious task, as listing items on eBay is really time consuming (and boring). However, I’m hoping that by listing so many items I will be able to achieve my profit target of £100. If I manage to make more cash, then it will go off the debts as a special bonus payment!
I’m not sure what I’m going to list yet but given the amount of stuff lying around the house that we don’t use, I’m sure I can find 50 items. You never know what might sell on eBay. One person’s junk is another person’s treasure!
I will write a post at the end of the challenge stating the items I listed and how much they sold for (or not). Hopefully I will get the result I’m looking for!
I like setting myself little challenges like this and I thought that maybe some of you might want to join in or set up your own Christmas Money Making Challenge. It doesn’t have to be around selling stuff on eBay, it could be anything you like in order to make extra cash! If you would like to suggest ideas for your own challenge in the comments below, suggest away!
Do you fancy joining me in a Christmas Money Making Challenge?
- Make wads of cash from doing a car boot sale!
- How to survive buying gifts for others when paying back debt!
- Where does your loose change go?
Image courtesy of Free Digital Photos (Christmas Shopping Cart – Feelart)