Budget With Me// Sept. 1- 11

Budget With Me Topics:

Caleb Hammer's Financial Audit // Printing Monthly Statement and Tracking Your BS Spending // New Chime Account // The Reverse Budget

Short Term Financial Goals

(1-3 month time frame / 90 days )

Get another part time job or better paying job with good company // save $1k in a month

Long Term Financial Goals

(Year)

Have $10k saved

Monthly income of 3-5k

Printing Monthly Statement and Tracking Your BS Spending

Family Dollar $312.66

Byron $80

Repayment $26.25

Donuts $20.69

Taco Bell $21.91

Shell $28.45

Conession Stand $14.61

Google $6.48

Steam: $21.64

SWEPCO: $204.48

Deposits:

Ebay $8.57 Sept 4

Depop $84.35 Sept Sept 5

Ebay $6.34 Sept 5

Mercari $16 Sept 5

Ebay $3.78 Sept 6

ABM $274.25 Sept 6

(I brought in $393.29 so far this month in September. Most of that has been spent at family dollar, as you can see above.)

ADDED CASH $835 Sept 9

After calculating, you're left with $519.57. My Cash App Shows that we have $506.54. That's $15 unaccounted for, but probably went to food.

Recommendations:

NO SPEND DAYS

FOOD Assistance

Higher Paying Job

Quit Smoking

The Reverse Budget

The goal is to focus on paying myself first and reaching my financial goals first by using two bank accounts. I use online banking apps like Cash App and now Chime. (I was going to do SoFi, but thought I'd wait until I got a better job to join due to a promotion that lasts until the end of the year 2023.)

I need to finish setting Chime up. The goal is to deposit money from my paychecks into Chime for the bills. I will also change my Ebay, Depop, and Mercari to use Chime as a business account.

I find online banking easier than going to a physical bank. With the Reverse Budget, I allocate the funds first to my needs and goals. You start by setting aside a certain amount of money to save up. After you put your savings away, you can spend what's left guilt free. This way, you don't have to track every dollar you spend.

One tip was to name your savings goal. My savings goal is to have 1k in 60 days. Why? Because I need peace of mind. It's a small amount but Dave Ramsey says it's the mindset that's most important. A lot of folk can't save that much because of their mindset.

Comments

What Sold in my Bookshop October 8 - 14

This week I'm determined to list list list! I list new items every day. This week I sold a total of 20 books, 2 clothing items, and a photo album. I spent $11.48 and made $178.13. Lady Midnight, 13 Reasons Why Had a 15% off sale on my Depop. She paid $12.75. The PayPal fee was .67 cents. It cost $3.86 to ship. The Depop fee was 1.28. I made a total of $6.94. LuLa Roe Disney Alice in Wonderland leggings These sold 22 hours after listing them and since it was a repeat buyer I offered 10% off from $25. I really appreciate repeat buyers. This sold in the Facebook group Wonderlust Marketplace. Sold for $22.50, PayPal fee was .95, and the shipping label was $3.33. I made $18.22. Woman Who Runs w Wolves This sold for $20 which is a lot more than I imagined someone would pay for it. The Mercari fee was $2. Shipping was $3.33. I made $14.67. So far I've made $39.83. My goal is to make $300 per week. Frankenstein, The Drowne...

What Sold October 15-22

Could I have a week as good as last week? Going to focus on items with higher resell value and listing everything. I didn't have nearly as good a week because I did not list every day, but I did take this time to organize my inventory. I sold 4 books, turning $1 into $23.91 Rebecca I got this in a recent haul. I accepted an offer on Mercari for $11. The mercari fee was $1.10. The processing fee was .62 cents. It costs $3.33 to ship. I am sad I only made $ 5.95 on this beautiful vintage book. Just Listen, House Rules Sold on Depop for $13.95. The Depop fee was $1.40. PayPal fee was .70 cents. Shipping cost $4.39. (i added a free Nicholas Sparks book.) My profit was $ 7.46. David Copperfield Sold on Etsy during a sale. After fees my funds were $13.83 . Shipping cost $3.33. My profit was $10.50 . So far I've made $ 23.91. I am out of black ink for my printer, I am also out of kraft poly mailers. Printer ink i...

What Sold october 23-31

Sales have been very slow on Depop and Mercari. It's time to invest more into Etsy! I've decided to source antique and vintage books for my Etsy store. To help improve sales on Depop, I've started to add hashtags to all my listings. Lot of 3 green antique books Sold on Etsy for $30. It cost $3.33 to ship. After fees, my profit was $24.46. Wildalone Got this book free so it was all profit. Sold on Mercari for $9. The selling fee was .90 cents. Since this was posted before Mercaris October Update I did not get charged a processing fee. Shipping was $3.33. I made $4.77. Apples This is my poetry chapbook available for download only on Etsy. I had another sale running for 15% off. This helped pay my etsy fees too. Vintage Halloween books I was sure I'd get more for these because they are so old and in great shape. I made offers on my Halloween books and this sold for $9. Mercari fee was .90 cents and .56 cents. Shipping ...

BelleResells

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