So my 2nd week of dabbling with the flip life is over. It’s been tougher than I thought, but that’s not going to stop me from trying to make a real success out of this.
When I say it’s been tougher, I don’t so much mean the actual buying and selling of the items. I mean the actual profit-making – after taking all eBay/PayPal/postage fees into account. I had a few mishaps when it came to judging the postage costs of certain items. I’ve actually lost money on 3 of my items, but it’s not the end of the world. After all, this is still a learning process.
Lately, I’ve become somewhat obsessed with scanning for things to sell and profit from.
This definitely isn’t a new thing to me. In fact, I used to do it quite a bit when I was younger – often buying items from the clearance section of a store and then re-selling online for slightly more (always enough to make a nice wee profit!).
I kind of forgot about this whole buying low/selling high(er) thing, or as it’s more commonly known, flipping. This all happened around the same time I got my 1st proper job – up until now that is.
In a previous post, I answered the question “What is cashback?” and discussed the reasons why everybody should be taking advantage of it. I mentioned at the end of that post that there would be a follow-up, where I would explain how to make the absolute most out of cashback websites.
I’ve been taking advantage of cashback on my purchases for over 4 years now and I have absolutely zero regrets about doing so. It’s definitely something that has helped improve my life financially, and I recommend that everyone starts benefitting from it if they’re not currently doing so.
This post is going to be aimed at people who have no idea what cashback is. Maybe you’ve heard the term before, but that’s as far as it goes. Regardless of that, if you want to start making extra money on the side from the things you’re (most likely) already buying then do yourself a favour and continue reading below.