As you know, I am all in favour of people who take action to make extra money when they need it.
It’s even better if people earn extra money when they don’t need it as it can be used to reduce the possibility of those times from happening.
People who actively earn extra money are taking control over their situations and financial problems.
With so many different ways to make money, it’s hard to decide what to do.
The other day I heard about a woman selling pre-loved items on eBay and Vinted.
Selling pre-loved items which have been bought from charity shops or car boot markets is known as ‘flipping’.
As well as sourcing items to sell from local charity shops, she had been given a stack of clothing and shoes which were no longer used by close family.
She sold a collection of her grandad’s novelty Christmas ties for £3.50.
The buyer snapped her hand off when she was told that the £3.50 price was for them all and not an individual item price.
£3.50 is not a lot for the effort which was involved.
It’s ‘flipping’ madness!
Those ties needed to be wrapped, a postage label needed to be printed and the parcel had to be taken to a collection point.
As much as I believe that people should do whatever they can to earn money; that amount was ridiculously low.
If she was selling multiple items and she wrapped them all at the same time and took them to the collection point in bulk then it wouldn’t be so bad as the sales would all add up to more making it a more worthwhile use of her time.
For some people, selling second hand and pre-loved items is something they enjoy doing and it is something they can do with ease, it is also something they can start today with little upfront funds, but I believe that the money earned is very often poor for the effort involved.
Selling pre-loved items on eBay and apps like Vinted can be a great way to generate ‘seed’ money to be used in other money making ventures.
I think it would be a great idea to do that if you need £100 or more and can’t get your hands on it easily; selling a few items on eBay would be a great way to raise that capital.
Once you have that money, I would recommend stepping up a gear and use it to fund other ways to make money which have a greater return for less effort and time.
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I personally wouldn’t focus on selling second hand items on eBay full time due to what is involved.
To sell on eBay, you need to have stuff to sell and unless you have a home full of unused and unwanted items which you can sell, you will need to go and source them which can often mean spending hours trawling through charity shops and car boots.
That takes up a lot of time.
Add to that the time needed to clean items, photograph them, list them, answer any questions, wrap them and take them to the post office or collection point and you can lose a lot of time for just a few pounds.
If you love the idea of finding gems in charity shops and flipping them for a profit, then go for it. Don’t let my opinion stop you. It’s good when you enjoy what you do and if that’s for you, do it.
Just be aware that it can be quite time consuming and there is a lot involved.
If you’d rather make money from the comfort of your own home doing something which doesn’t require you to go out sourcing products to sell, listing them for sale, wrapping sold items and then taking them to the post office, you should take a look at System 903.
System 903 can be managed from the comfort of your sofa or favourite chair using only your smartphone, a pen and a piece of paper.
Nothing more, nothing less… well, you could probably replace the pen and paper with an app on your phone which allows you to make notes.
You just need to make a few simple calculations. You don’t need to do anything more than add, subtract and divide. It’s that simple.
There is no ‘insider knowledge’ required, nothing to study each day to help make an informed decision.
The only thing you need to learn is the system itself which takes very little time to learn due to its simplicity.
This is the system, which makes Roy, the system creator, £47,000 TAX FREE profits or more per year… using nothing more than a pen and a paper and a few simple calculations.
Take a look here:
System 903
Kind Regards
John Harrison
PS… Please note; there are only 250 copies available. Once they’re gone, they’re gone. No more will be printed after the last one has been sold.
Here’s that link again: