First thing to report was a small cashback payment in July earning me £9.14 for comparing car insurance, ordering a pizza and booking a hotel through Quidco links. I can’t emphasise this enough, cashback sites really do offer money for nothing if you were going to buy these things anyway.
Another £10.30 was earned from an online gaming site that I am an existing member of offering me £10 free credit to play with. This was a fantastic offer as I didn’t have to deposit anything, just play through the free credit they had given me and whatever I was left with I was free to withdraw. Playing through low risk games normally means you can expect 60-70% return, but luck was clearly on my side as I finished with £10.30.
Whilst there wasn’t much football to keep me entertained over the summer, England’s spectacular Ashes triumph at least gave me some matched betting opportunities with me netting a £76.51 profit for little effort.
]]>Having spent the best part of a day listing over 50 items, painstakingly photographing them and writing the descriptions I was hoping for a good return.
However only 9 sold for a total of £45.14 and after eBay fees, PayPal fees and postage left me with a profit of just £24.30. Which is disappointing to say the least.
I don’t think there was anything wrong with the items, and with starting prices of just 99p they were not overpriced so I think this might be another symptom of the current recession. I don’t think it’s demand that’s dropping, but rather a case of over-supply.
Everywhere I look there is another how-to guide screaming for attention with titles like “How-to beat the Credit Crunch”, “Recession Busting Tips” or my personal favourite “Happy credit-crunch Christmas”. And just about everyone of these imaginatively suggests making some extra cash by selling your unwanted goods on eBay.
So lesson learnt. The ‘herd’ are now on eBay so I’ll wait for the recession to end and the ‘herd’ to move on to the next frenzied bubble.
]]>I also finally recieved £30 cashback from GreasyPalm that I have been waiting for a while and by getting paid in Amazon vouchers I also earned a 5% bonus worth an additional £1.50.
]]>This bonus meant I earned an extra £2.15 on my recent cashback payment of £42.94 which included £15 betting cashback from back in March last year and the first £20 of what will hopefully be £50 cashback in total from December.
It also included £7.94 of cashback that I had earned through the GreasyPalm Rebate Catcher, basically a program that you install in Internet Explorer which automatically credits you with cashback when you shop online from any on their partners.
]]>It also included 72p of cashback from a hotel booking that I made with Travelodge when I went to visit friends just before Christmas, which was particularly pleasing as the hotel room only cost me £19 for the night anyway in the Travelodge sale.
In addition I earned my first referral from this website as somebody signed upto Cashback Kings via one of my referral links earning me £1. Whoever did this must have also earned themselves at least £5 from Cashback Kings as that’s the minimum required before I get paid. So it really was a win win scenario for all involved and if you haven’t already signed up I would urge you to do so now as it’s easy money.
]]>No matter how many times I receive cashback in my account, or how small the value might actually be I still can’t help but feel excited when it appears in my bank account!
]]>Well now I am pleased to report that the same well known bank account has paid me another £100 for closing their account as part of their service guarantee if I’m not happy with the account after 6 months. That makes it £200 just for opening a single bank account, paying in my salary every month and then closing the account. Now that’s my kind of banking!
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What was unusual were the tactical/discrete sales that were in abundance a few weeks ago with just about every major retailer sending out discount vouchers to just about anybody. This had the advantage of not cannibalising retailers sales to those that are less price sensitive as they still paid the full price if they weren’t in possession of a voucher.
With the economic downturn more of us full into the price sensitive category and hence why every retailer was keen to make us feel special with one of their magic vouchers.
But hey, not wanting to be beaten I reneged on my post from a couple of weeks ago when I said I had made my final sales on eBay this year and held my own January sales as eBay were once again offering a free listing weekend (those boys in California must be really struggling to attract sellers at the moment!).
I managed to sell eight items that had previously failed to sell, although the fact that they had previously failed to sell twice reflected in the low sale prices they achieved. However despite this I was still able to make a £20.41 profit after my Paypal fees and postage costs.
]]>In addition I earned £2.25 cashback from M&S for a pair of shoes I bought despite the fact that I returned them to my local store as they didn’t fit.
]]>Unfortunately one of the original auction winners failed to pay even after I had opened an unpaid item claim with eBay, and as they failed to respond to that I was credited the £1.45 I had already paid in eBay fees for that item.
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