Friday, February 1, 2013

Controlling your Spending!!!

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One of the biggest downfalls to all collectors, is patience.

When you get right down to the crown jewel of your collection, you can find yourself ready to pay any price for it.

Remember to keep this in mind, it's NOT the only one in the world!

If you find a Barbie 2009 for $40 and you only have $50 for the rest of the week,  it can be tempting to just buy it and then try and survive on the remaining $10 for the rest of the week.  But this the beginning of a very bad behavior that you need to nip in the butt right now!

I'll let you in on how I manage myself and my spending, I run a constant garage sale, ONLINE.

If you're like me, you're probably browsing through eBay for these Barbies.  How I control myself from buying every single one I see, is by only using the funds I have sitting in my Paypal account to buy them, but these funds don't come from my bank, they come from SELLING other items!

In your basement, you have a TREASURE trove of goods.  I bet you even have boxes of old clothes just sitting around that you haven't worn in years.  A lot of people donate their old goods, but once in a while, it's great thing, but listing them on eBay is also great!

eBay allows you to list 50 items for any price on an auction for FREE each month.  This is very simple to do, take a few pictures (front and back of each clothing item) add a description of the item, always be honest, and set it up for an auction lasting 7 days. (starting usually midday Saturday or Sunday to get the best price).

I usually list my items for $2.50 to $3.50 starting and add a shipping charge around $3 for every single item.

Although it might seem like much, it all adds up in the end.  Think of it this way, 50 pieces of clothing for $2.50 each = $125!

That amount can easily get you 4 to 5 Holiday Barbies, or one of the rare ones such as the 1988 Holiday Barbie or 2009 Holiday Barbie!
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This is the best way that I've found to complete your collection without spending a dime from your paychecks!

So start going through your basement and pull up some old clothes or old toys your child doesn't play with anymore and list them on eBay and you won't regret it!

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