First of all, I'm worried that the antique booth is going to turn into an expensive hobby rather than a source of income. I know we just began, but I spent $365 last month, and it has only earned $44. That's not counting the gas I spent going to garage sales. Yikes! I know I will never have to spend that much again, but still.... I'd like to be seeing more sales.
I'm also worried about my medical premium for next year. Because of heavy expenses last month, I really cut into my savings. I don't see any way I can pay $4800 in January. I will have to go month-to-month, which will be $400+. Since my pension only provides $637 a month, this will be very painful. (Don't worry, newbies, I don't have to pay for food or housing, so it's not as horrible as it might seem. I live as caretaker in my cousin's house and have free room and board). I am hoping for a nice tax refund to help out, but this will be very hard. I may have to find a part-time job, like it or not.
Maybe I should start buying lottery tickets!
I'm worried
September 6th, 2008 at 05:21 pm
September 6th, 2008 at 05:42 pm 1220722969
Please be cautious with future expenses there. It seems to me that in this very tough economy, a lot of people are cutting back on non-essentials so they can still afford to buy food and gas.I don't mean to discourage you, but... It might be helpful to establish some gross monthly income goals for the booth and if you don't hit those goals by month 3, consider bailing so you limit your expenses there.
Really sorry to hear about your health insurance concerns. If you could find a p/t job that was close enough not to require more spent on gas, that could be ideal, plus you may really enjoy it, albeit on a reduced schedule. Good luck with that.
September 7th, 2008 at 02:11 pm 1220796662
Your answer made me think it over a little more and I realize I am not doing it just in hopes of making money myself, but to help out my sister, who has tons of stuff and can't work due to physical ailments from an auto accident. Plus she is over 65. I am really hoping for success more for her sake than mine, because I can find a job -- I hope. They are scarce in this area. Too many retirees looking for part-time work.
September 7th, 2008 at 10:35 pm 1220826910