I am $103 richer because I sold some old gold jewelry. I mainly did it to encourage my sister, who is having financial troubles (continually) to part with some of hers. She sold jewelry to the tune of $700+. I just hope she doesn't blow it foolishly. That is something she has, unfortunately, done all her life.
My money will go toward paying off the credit card next month. I am very close now and may not have to use savings as I thought.
However, I do have to really look at my budget and figure out where I am going wrong. I am spending too much. It is so easy to do with my income so small, but I can't take out any more from my retirement fund. When I set up my income, the idea was to take only the interest and profit. With the stock market the way it is, my income is outpacing profit. I know the stock market will eventually recover, but it is scary.
I think I have to have a no-spend month -- or two -- to get back on track. By that I mean no spending on anything that isn't a necessity. Most of my needs are taken care of in my living situation so it shouldn't be that difficult.
However, I have been keeping a list of expenses coming up -- a dental appointment, a trip to the vet for my cat, an oil change, and car inspection. That doesn't count the two crowns that I need -- which I would like to get done this year for tax reasons.
Well, back to the drawing board. I'll figure it out.
Sold Some Gold
July 20th, 2008 at 09:58 pm
July 20th, 2008 at 10:15 pm 1216592104
July 21st, 2008 at 12:49 am 1216601362
It IS a very good way to get a little extra $$$ if you have gold chains lying around that you never wear. They don't have to be intact, either.