May 2019 Debt & Life Update

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

What’s going on everyone? Today’s post is my May 2019 debt & life update. May wasn’t as fun as April was (It’s not every month you can go to Europe for 9 days), but it was a great month for business. My eBay store has been doing very well during the last few days. Last week I had four items sell in one day. I know for some people that may not be much, but that’s good for me. As of me writing this, I’ve had something sell somewhere online seven out of the last eight days. Hopefully, this streak keeps going all summer.

I’ve been trying to list items more during the week. If I have five items end, instead of relisting all five of them at one time, I’ll list 2 or 3 of them that day. Then the following day, I’ll list another and another.

I’ve also started using the promoted listings feature on some of my items. It is an option where you can promote your items so that they can be seen by more potential buyers. It’s not free. You choose what you want to pay to have the listings boosted higher. The good thing is that you only pay if the buyer finds your listing in the promoted area (promoted listings are usually the top 3 or 4 search results). In my opinion, doing those two things have helped me get more exposure for my items.

If you’re interested in learning more about eBay, check out my course titled How to Make Money in Your Spare Time With eBay. The course is for beginners that are looking to get more sales. It includes the following modules:

Module 1 – How to set up an account in less than 20 minutes

Module 2 – Various items you can sell without wasting your time

Module 3 – How to create listings that will get people to buy

Module 4 – What happens when you get your first sale.

Module 5 – How to handle the shipping process

Module 6 – 3 secret strategies I use to promote and get sales

For more info, check out the course here.

Each month I share with you five items that I’ve sold recently. This month, the items were sold on Craigslist, Facebook Marketplace, and eBay.

I sold this TKO Audio Car Monitor on Craigslist. I paid $3.05for it. It sold for $50.

I spent $10.89 for this Mike Foltynewicz Bobblehead. I sold it on Facebook Marketplace for $25

I picked up this ABC Sports College Football Heroes of Gridiron CD-Rom for $2.30. It sold on eBay for $40.

I got this Clemson Yearbook for FREE. It sold for $30 on eBay.

Last, but not least, I got this pair of Air Jordan 5 Retro for $6.47. They sold on eBay for $50.

These were some pretty good flips.

I also had the opportunity to appear on a couple of podcasts this month. I was a guest on the Journey to Launch podcast, hosted by Jamila Souffrant. We discussed my debt struggle and what I realized that I needed to do to get it eliminated.  You can check my episode here.

The second podcast was a 12-minute convo with Engel Jones. His podcasts are a series of 12-minute conversations with different people. We talked about life and more. Check out the episode here.

Posts That You May Have Missed

 

15 Unique Gifts For Graduates

How I Made An Extra $2763 In the First Quarter of 2019

6 Things I’ve Sold For Money Over the Years

Debt Update

As I stated in my April update, I stated that the debt updates will be quarterly for the time being. I wanted to start seeing real progress. Having the debt get lower by $200 – $300 per month wasn’t doing it for me. It wasn’t very motivating. I’m doing even more things and still on the job hunt, full and part-time. It’s the only way that I will get somewhere with this debt. Time to switch topics.

By now, you’ve probably heard about the wonderful gesture that the billionaire Robert Smith did for the recent Morehouse graduates. If you haven’t heard, he’s going to pay off the student loan debt for the Spring 2019 graduates. That’s freaking awesome. He just changed the lives of 400 young black men. They won’t have to deal with student loan payments for the next 10-30 years of their lives. They can focus on other things such as saving or investing.

I wish I would have been that lucky when I graduated. If someone would have paid off my student loan debt back in 2008, there’s no telling how my life would be now. My savings account would be great. Who knows where I’d be living or what career I’d be in. It is what it is, though. I’m just gonna continue to work on my debt and eventually I’ll be debt free.

How would your life be different if your student loan debt was paid immediately after your graduation?