I explained in the last post that I am currently trying with my hardest to cut expenses and save all our extra $$$ to go towards our down payment. So I think to hold myself accountable I will start to keep track and document our progress and ways that I have been able to earn extra cash these days.
So currently I am trying to pay off all credit debt. We got married last year and paid for the wedding ourselves so afterwards we had ourselves some debt and by this January it was about 90% paid off. We did add to it just a little in the last few months, but we are on the right track.
So as of the beginning of June, total debt that has to be paid off is
$3,288.22.
That includes all of our credit cards, some leftover bills from the move like the last cable, gas, electric bill and what not. Basically everything that needs to get paid off minus our "large debt" as I call it, like my student loans and car.
Luis as of now does have two jobs, and ooh how I wish I was able to do something extra, I can't being 8 months pregnant. I can barely stay awake past 9pm as it is. So I will be looking into other ways of making extra cash this month. One thing I have started last month was selling on Amazon FBA. Its a great program and for someone like me who likes to shop and find deals at the same time its amazing. Basically, Amazon FBA (Fulfilled by Amazon) is a program they offer where you find the products and send them to Amazon and they list them as Prime products, and do all the shipping and customer service to the purchaser. So all you have to do is find the most profitable products to sell, so buying low and selling high. There are more details that go into it but so far I have been loving it. I sent my first shipment in May and it was all from sourcing stuff in clearance aisles and thrift stores, it has a potentially profit once sold of around $500 profit. So far I have gotten a $100 payout from Amazon. So we are on the right track. You really need to pick up the pace and send in shipments to really start seeing consistent sales and seeing as I am doing this on a part time basis, its just taking some time.
I will update every month on our progress and ways I have found to earn extra income.
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