A blog about personal finance, healthy budget cooking, frugal travel and raising money-smart happy children
July 1, 2014
Ebay Sale #2: Wooden Doll House Furniture
I bought this set of wooden doll furniture at a garage sale over the weekend. I paid $6 for them hoping they would be worth more than that to resell on ebay. I listed them for auction starting at $28 and they sold today.
$28.00-$6 price paid - $9.87 shipping - $2.80 ebay fees - $1.11 pay pal fees = $8.22 profit. I more than doubled my money. Not bad. But since they sold so quickly I'm left wondering if I should have listed them higher. I did research previous sales so I was in the right area.
I didn't count the cost of all the bubble wrap I used for packaging but I bought a giant box last year so I have plenty on hand. I think from now on I'm going to set 20% of sales aside for packaging supplies, 30% to reinvest in purchasing more items to sell and 50% will go to my savings challenge.
So $4.11 will be added to savings, $1.64 for supplies and $2.46 for garage sale money.
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