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2011 Budget

December 29th, 2010 at 11:44 pm

I created my 2011 budget, and I'll tell ya - I wasn't happy. I used the highest amounts for the expenses, and the lowest amounts for the income, and we're short (by about $500) 10 of the 12 months. I know I am budgeting using the worst case scenarios, and it shouldn't be as bad as it is on paper, but still, I need to be prepared.

I'm thinking of selling some things - for those with experience, are you better off selling via ebay, craigslist, or yard sale? Or is there a better option? I'm talking about collectibles, jewelry, etc. Nothing too big or extravagant.

4 Responses to “2011 Budget”

  1. ThriftoRama Says:
    1293667620

    I prefer craigslist. No listing fees, no paypal fees and you get more for each item than you would at a yard sale. You do have to deal with no shows, but for free, I am willing to put up with that.

  2. creditcardfree Says:
    1293668226

    Ebay is time consuming, but if craigslist doesn't work, might be better for collectibles. You have to have a very good camera with the ability to take a clear and close up picture of the jewelry. There is a lot of jewelry on ebay...so it is very competitive. Yard sales bring in quick cash once or twice a year.

  3. WISEWOMAN Says:
    1293668819

    You could try all three.
    Craigslist didn't work for me. Lots of flakes and a few actually tried bartering after we set the price and then walked away. Total waste of my time.
    E-Bay. I've had some success on e-bay. It depends on the merchandise and knowing your audience. Do your research. Yes, e-bay/paypal fees are ridiculously high but I make sure I make a profit every time.
    Yard sale. I had one 2 months ago and was quite suprised how well it turned out. My secret was numerous $1-$2 items and a few mid priced $25-$35 items. Over 2 days I made amlost $450. Not bad. I enlisted some of my friends and we made a party out of it. My attitude was if they didn't haul it away, I would have had to. I'm trying to live with less.
    Good luck to you!

  4. Digging out of the hole Says:
    1293832819

    Thanks for the great tips, everyone. I think I'll end up doing a yard sale this spring...once the snow melts. Probably won't be until May, but that gives me plenty of time to get things organized and the time to really decide what to keep and what to sell.

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