A couple of weeks ago, I wrote a post about the Christmas Money Making Challenge I was about to undertake in order to raise some cash for Christmas shopping.
I thought it was time to post an update now that I’ve exhausted my stock of old stuff at home that I had ready for selling on eBay.
To recap, my Christmas Money Making Challenge that I set myself was to list 50 items on eBay and aim to raise £100 (which was my Christmas shopping budget for this year).
I have good news and bad news to report. The good news is that I really tried my best to raise extra money for this challenge. The bad news is that I kinda failed!
I didn’t quite manage to list 50 items, but I did list 41 items before running out of stuff to sell. Items that I listed ranged from baby clothes (mix and match sets and individual items); some shoes; an old work suit; fashion jewellery; a fascinator (fancy feather thing for dressing up hair at weddings and other formal occasions); old trinkets and ornaments and some old books.
Some of these items didn’t sell at all, despite being relisted, namely some of the books, baby clothes, ornaments and jewellery. Out of the 41 items that I listed, only 18 of them sold!
It could be the time of year that has impacted my sales results or the fact that my old stuff wasn’t all that desirable! But all in all, after eBay and PayPal fees were deducted, I made a total profit of £62.14! On another note, eBay’s free turbo lister tool is really good for when you have a lot of items to list. It makes the whole process slightly quicker and easier.
So I didn’t quite manage ultimate success in this challenge but £62.14 towards my Christmas shopping fund is much better than nothing at all! If you joined in this challenge or have done one of your own, how did you get on?
Christmas shopping spend
I’ve now done most of my Christmas shopping and having bought for 18 children and 7 adults already, I’ve spent a total of £107.37. I still have 6 adults left to buy for and expect to spend another £50 (token gifts on each of these!). All the adults bought for are close family members and the children are either family or friends of the family! On average I spent just £3 on each child and their presents were a stocking filler type toy for the boys and I handmade some jewellery using wooden beads for all the girls. My own daughter has had a little more spent on her! 🙂
Overall, I don’t think I’ve done too badly on the spend this year even though I have gone slightly over budget and didn’t exactly manage the money making challenge. It’s just as well though that I managed to save money on Christmas necessities! I guess even with the best intentions, £100 just wasn’t enough of a budget to stick to.
Next year, I’ll have to be more realistic or cut down the list of who I’m buying for which will be tough I think. But at the end of the day, my spend this year is a lot less than I’ve spent in previous years and best of all, I haven’t gone into debt for it. Yay!
How have you got on with your Christmas shopping spend?
I’m off on Christmas vacation with family later this week, so I might not be able to post as regularly for a little while. Do keep checking back though as I’ll be posting when I can!
- Save money at Christmas: Christmas necessities
- Earn extra income: How to be a Bridal Makeup Artist
- The conversation that changed our financial future
Image courtesy of Free Digital Photos (Christmas Shopping Cart – Feelart)