Pay Yourself First, Or Reverse Budgeting

fivecentnickel has a cool post on what they call “Reverse Budgeting”.My wife calls it “paying yourself first. The idea , no matter what you call it is to make savings your first priority. I Have been trying to assemble an emergency fund since I no longer have credit. I squirrelled away almost $1500 and now it will be wiped out to pay for a new transmission. I believe that we all have to position ourselves to be able to live with an income disruption, so say it while it is coming in.

From Salon: My Big,Fat Credit Card Debt

Read the article here.All I can say is… $10,000 in debt? That’s for babies….. Try $35,000.

Final Count,Sorta

weel, after literally selling stuff off of the walls I have closed with a little over $4500 today. Less the eBay fees and supplies I have about $4200 ready to go. I would probably be closer to $5000 if payments were alittle faster. oh well, that means I brought in a third of the total amount. Pretty good. I just wish that I would see something tangible from all this selling

An Update And Income Tax Professionals

I am now over $3000,I was well on the way to $4000 but the $300 in eBay fees that I we will get in the way of that, oh well. Cost of doing business. We decided to have our taxes done by a professional in case we could reduce the bill somehow. nOt only was their final number higher, they charged us over $500.oo for the privelege. Please , if you use a tax service , get the price up front. I got the hourly rate ,but not a final price. Big Mistake!

Over $2000

I went over $2000 the other day. The second 1000 was a lot easier and was helped by the sale of what was pretty much the cream of the collection. A lot of heat for the Metallica box set.The biggest item so far is still listed . It is original comic art by the great Alex Ross. No bids yet , but there is only one of these in the world so I hope that someone will want it.Kinda.

The First Thousand Is The Hardest.....

It took almost amonth to reach a thousand dollars in sales, but now I am almost at $2000 in the space of 10 days. Rolling out the big items really helped. The Kingdom come figures sold as a Buy It Now for $330.00. I am shocked that the Wild Things figures haven't gone ,yet. They are probably the most beautiful figures ever produced and are truly all ages. As always , you can see all the eBay action by searching gr8gnius.

Finally Above $1000 in Sales!!!

I just pased $100 in sales the other day. It would have been sooner , but I had to give a couple refunds. The feeling of hopelessness that all of this work engenders strikes me at leats once a day. Alll of these sales don't go toward buying anything or getting me out of debt ,just keeping me out of jail and my wife's credit in good shape. I don't know if I have mentioned this before , but our oldest daughter starts college next year at a cost of almost $48,000. That is something I alsways ahve to kkep in mind, that this is just round 1 of a 7 year fight. I hope I win on points.