It's day 2 of my Financial Fitness February challenge so here are the things that took place that had an impact on my finances:
1.) Returned an item I really didn't need on Amazon - I had purchased a Bluetooth speaker, and although it was nice, I realized I really didn't need it and I can make better use of the money.
Since it was still within the return period, I went ahead and sent it back to Amazon. That put $32.24 back in my pocket.
Also, since I chose to drop it off at Kohl's which was the free option, they gave me a 25% off coupon which I will be able to combine with the $10 Kohl's cash I got from yesterday's purchase.
I will end up using that to either make a purchase for something we really need for our apartment we recently moved into, or try to find something to resell.
2.) Purchased $340 worth of shoes to resell. I saw a tip on Instagram about some shoes for sale at Walmart that are becoming really popular.
Since there are a lot of people not able to get them in their area, there is an opportunity to resell them online.
Since I am trying to get into full time reselling, I decided it was a worthy investment to pick up the ones available at my local Walmart.
I don't know the exact number, but I am hoping to at least double my money.
3.) Sold an item on eBay! I am not making much on the item, maybe like $5 profit when it is all said and done, but that is one sale closer to becoming a full time reseller and I could't be more excited!
FUN FACT: Kohl's allows you to use percentage off coupons and a specific dollar amount of a certain purchase price allowing you to maximize your savings.
LESSON FROM TODAY: Not everything we buy is something we need. We should recognize when this is the case and make the better financial choice if possible. Also, reselling is not an easy business but it works, one sale at a time!
That wraps it up for day two of my Financial Fitness February.
How was your second day of the month? Share your financial wins in the comments!