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April 2020 Debt & Life Update

This post may contain affiliate links. Feel free to view my disclosure here.

I know a lot of people love the transparency of my blog. I could have shared this info last month, but the time wasn’t right. March 10th, 2020 will be looked at as the day that things shifted in my life. I got fired that day. Yes, you read that right; I got fired from my job. I was only there a little over seven months. I know you may be shocked or you may feel sorry for me. You don’t have to do that. It was literally the worst job that I had.

The for-profit university that I worked at was horrible. They didn’t care about the student’s well-being. They just cared about registering them and making sure that they paid for each semester. It was a huge difference from the previous university that I worked at.

To be honest, my job sucked. I was told one thing in the interview and when I started working, the job was something else. I pretty much worked in a call center. It was the worst. I’ve answered phones in the past a little bit in previous jobs. I hated it. I wasn’t a fan of doing this most of the day but did what I did to get paid from the job.

By month three I knew that the job wasn’t for me. There was no real leadership. All the managers were scared of the Southeast Director. The person was very disrespectful and basically had the attitude of their way or the highway. My plan was to work and do my job to the best of my abilities. Then, start applying like crazy in February (my 6 month anniversary).  The job paid good money, so I was will to work and make it happen. I was also making a record amount of debt payments each month. Seeing the amounts go down by $1000 or more was worth the bullshit that I was putting up with.

Unfortunately, I wasn’t able to leave on my own. I was let go over something that I still find questionable. When they told me I was fired, I wasn’t mad. I felt like a weight had been lifted off my shoulders. I had three managers in 7 months and each one did things differently. I was set up for failure from the jump. I took a couple of weeks to figure things out and see what my next move would be.

The day after I got fired is when COVID-19 shut down sports. Then, the quarantine started. Talk about a crazy chain of events. I lowered the amount of the extra payments that I was paying on my debt. I didn’t want to, but until I see how COVID-19 and this newly unemployed situation works out, I have to save my cash.

What am I doing now?

Being pushed into full-time entrepreneurship has been interesting, to say the least. The first three weeks were so up and down. I’d have good days and bad days. Sports usually takes my mind off real life. Without that, I was super restless at night. I felt like I was on my college schedule again. I was going to sleep after 1:30 many of those nights. I got it together though and started going to bed at midnight. I also created a schedule and made sure that I was up by a certain time. I’ve been able to work more on my blog and my eBay business. I’ve been working on and editing my old content. My eBay sales have been booming. March was my best month in sales since December. April has been my best month ever.

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As for the job situation, I’m applying for jobs in fields where I can actually help people. I’m tired of being a damn robot. Also, I’m seeing what unemployment options are available.  In the meantime, I’m gonna continue to go hard with reselling and do some Uber Eats on the side to keep this income coming in. I refuse to lose. At the end of the day, I still have goals to get rid of this debt ASAP. I’m going to make this shit happen.

As I stated earlier, April has been my best month ever for reselling. Check out five of my sales from the month.

I purchased this Minecraft item for $3.21. It sold for $28.

 

I was able to this Capcom Resident Evil figure for $3.75. It sold for $38.

I picked up this Sacramento Kings jersey for $6.39. It sold for $20.

I paid $5.07 for this Tim Couch jersey. I sold it for $20 on Poshmark.

I was able to get this Ryan Zimmerman bobblehead for $3.75. I sold it for $48.

 

Posts That You May Have Missed

How to Sell on Craigslist

How to Sell on Mercari

How to Sell on Poshmark

How to Sell on Facebook Marketplace

How to Sell on Letgo

How to Sell on OfferUp

How to Sell on Bonanza

My debt went from $61,022.63 to $60,466.92. That was a drop of $555.71. After losing my income from my job, this is a good drop for me. I’m 100% sure that the May drop will be better. I’ve been monitoring my spending and working on increasing income.

Discover ⬇️ from $396 to $146

Car Note from ⬇️ $5784.13 to $5649.15

Earnest ⬇️ from $21,393.82 to $21,329.77

Nelnet ⬇️ from $33,448.68 to $33,342.00

Two things about the debt stand out to me. The Discover card would have been paid last month if all this stuff never happened. It will be gone by the middle of May though. I don’t have to make a payment on Nelnet, but I still made a $100 payment. Everything is going to the principal right now due to the government setting the interest to 0%. If you have a federal student loan and have the means to pay extra money on it, do it. As of right now, this will last until the end of September.

You can view all of my debt updates here.

Side Hustle Resources

30 Ways to Make Extra Money

This is an ebook that I wrote to help you make extra money. There are different ideas for anyone to try. Check it out on Amazon or Smashwords today.

BLUEHOST

Bluehost is a hosting company that you can go with if you are looking to start a WordPress blog for a good price. My Money Chronicles has been hosted on Bluehost since 2013. You can get your hosting for as little as $3.95 per month (this low price is only available through my unique link).  I wrote a step by step guide that will help you get started. You can find it here.

My Money Chronicles Inner Circle

This is my Facebook group. We discuss flipping items on eBay, Poshmark, Mercari, and more. We also talk about other side hustles as well. Join today.

5 Comments

    1. Thank you. May is going to be GREAT!

  1. That’s how some colleges are good buddy. But the good news is, you know something they don’t. You know about the Internet. You know about affiliate marketing and the power of blogging to make money online potentially 24 hours a day. Most people who attend college only go there to get a job after they graduate and end up with heavy amounts of student debt. You have an undying ambition to be a successful blogger an aspiring affiliate marketer and uplift others with powerful information. This is why I associate with you Jason. Congratulations on your increased affiliate profits and look forward to networking with you years to come. 🙂

    1. Thank you for your kind comments!

      1. Anytime my friend. 🙂

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