Tuesday, February 9, 2016

Turnover Tuesdays - A Purchase Just for the Points

For those who are not familiar, I started a series a while back called Turnover Tuesdays. Every Tuesday I like to highlight one item that I have resold. This will include profitable and non profitable sales. I hope that there is always something to learn.

Tuesday, February 2, 2016

Turnover Tuesdays - Reselling in Earnest Has Hurt My Credit Score

For those who are not familiar, I started a series a while back called Turnover Tuesdays. Every Tuesday I like to highlight one item that I have resold. This will include profitable and non profitable sales. I hope that there is always something to learn.

Sunday, January 31, 2016

Need to Use Up Those eBay Bucks? Discounted Staples Gift Cards are One Idea

Disclaimer: I receive a referral commission for the following link(s) and I greatly appreciate supporting the site: eBay


Many of you have eBay Bucks to use which will expire soon.

If you can't think of anything to buy, you can buy Staples eGift Card.  You will pay $100 for $110 of Staples Gift Cards.  These are eGift Cards which are sold by PayPal Digital Gifts.  Keep PayPal limits in mind.


If you are looking to make a purchase at Staples, buy these first with Chase Ink.  You should still get 5x Ultimate Rewards points, 2% in eBay Bucks and a portal.  If you pay with eBay Bucks you won't get portal points if my memory serves me right but I might be wrong.  Always worth a shot.



Any other ideas? Post them in the comments!  Thanks


Today is a Good Day to Source from Kohl's....

Disclaimer: I receive a referral commission for the following link(s) and I greatly appreciate supporting the site: Raise, Ebates, Kohl's



There are a couple of factor that are combing for some extra dipping at Kohl's today.

First of all, check out my post for DoC on sourcing from Kohl's for more background information on these different types of rewards.


Here are the key facts for today:


Some pretty good sales on their own including BOGO 1/2 off a lot of toys.

Earn $10 of Kohl's Cash for every $50 you spend.  Small window for redemption.

Earn $5 in Yes2You Rewards for every $100 you spend.  Small window of redemption.

Use Promo code SMS8112 for 15% of your purchase.  You can use promo code EBATES15 if you are using Ebates.  In practice I found the SMS promo code to work on more items.

Earn 6% cashback from Ebates

Kohl's is part of the weekend sale for Raise.  You can buy Kohl's gift cards for about 17% off after using promo code TAKE5.  Sign up  for Raise from this link (purchase from Raise from this link - thank you!)

That's a lot of percent off.  They are practically asking you to profit off them!  Happy sourcing!

Thursday, January 28, 2016

Deciding Whether to Use a Discounted Gift Card or Buy with a Credit Card Straight Up

I used to use a ton of discounted gift cards in my purchases and I still use plenty.  There is a different calculus I have when buying a gift card for a purchase that I will resell than for personal use.

You can see that just from Raise I've saved almost $4,000 buying gift cards and that's just one of the exchanges (and almost all from this year).  The savings really do matter.  I'm also trying to help out all your gift card sellers ;)






Wednesday, January 27, 2016

3" Wide Tape is So Much Better than 1.88"!

I've bought quite a few different types of tape and most of them have been adequate for my needs.  They have been in different price ranges but they all have been 1.88" wide.

So, when I posted about Reselling Supplies I put in a link for 1.88" tape.

Ken commented (separately, Ken has been killing it in the comments lately - thanks!):

I cannot stress this enough, but using 3" wide tape vs/ the 1.88" wide tape will change your life. You don't need multiple passes, just a single pass with the wide tape. Sometimes I'll use the 1.88" tape to join the two flaps together and keep them from separating when I'm starting the 3" tape, but that's it. I use the Uline tape sold on Amazon, and you can get the Uline 3" dispenser on Amazon too. I buy the tape in 4packs and then rebuy when needed.

I bought the 3" wide tape and it is as good as advertised, it's stronger, makes the job much easier and you use much less tape.

Then I went to the UPS store and of course they use 3" wide tape for all packaging! 

Here are a couple of Amazon Referral links.  I will add them to the Reselling Supplies page as well:


3" x 110 yard Tape - looks like the 110 yards is currently a better deal than the 55 yard version.




Now I just need to figure out to do with all my other rolls of 1.88" tape!

Tuesday, January 26, 2016

Turnover Tuesdays - Best Buy Gamer's Club

Update: Ken points out in the comments that you can buy the Gamer's club card in store and apply it to your account immediately so that there is no delay.  Normally I hate going into stores but you have to end up in the store anyways so that is not a bad option.

For those who are not familiar, I started a series a while back called Turnover Tuesdays. Every Tuesday I like to highlight one item that I have resold. This will include profitable and non profitable sales. I hope that there is always something to learn.

Monday, January 25, 2016

Using Inventory Lab to Track Multiple Purchase Prices

An important feature of accounting software is the ability to track your inventory expenses over time, even when you paid different prices for that inventory.

I don't talk about accounting principle often since I am not an accountant and I don't know too many accounting principles.  If I get something wrong, someone yell at me in the comments.  I give you permission this time ;)

Hopefully if we do accounting posts in small enough chunks, maybe we can learn some of the principles together over time.

There are two ways to handle this situation in your books. One is called First In, First Out (FIFO) and the other is called Last In, First Out (LIFO).

I know this because of Wikipedia