Two weeks ago I set a goal for myself to have a 4 week flash savings challenge. At the end of the 4 weeks, my goal is to have $3,000 in our emergency fund savings. (We started with $611 in our savings, so we need to get $2,389 in four weeks.)
I have been listing tons of things on eBay, but once I discovered you are charged an insertion fee after you use up your 50 free insertions for the month, I stopped listing because I am cheap and don’t want to pay the insertion fee. I’ll start again on December 1st. However, I still have more auctions ending tonight, so I will have more money from eBay to list next week. For this report, I am only listing what I have already moved from PayPal to my bank account for eBay sales.
I also need to get busy listing our kids’ outgrown toys. Hopefully some parents will be scouring Craigslist for kids’ toys.
Here is the extra money we earned this week as well as how we earned it:
- Extra Job #1: $20
- Sold window guards on Craigslist: $40
- Swagbucks cash out: $100
- Extra job #2: $112.50
- eBay earnings: $175.00 (through 11/21)
Total for Week Two: $447.50
Total for Week One: $254.34
New Emergency Fund Total: $1,312.84
Starting Emergency Fund Total: $611
I love this idea! I need to come up with $1800 to pay for braces for dd in January. I wonder if I can do that by then? I must think about it and come up with a plan. Thanks!
I am not looking forward to paying for braces! Having said that, I think you should be able to come up with a good portion by January, based on our experience. I wasn’t sure we could raise as much as we have so far. It has been really encouraging after our recent run ins with Murphy.