Sharing Daily Discoveries About Personal Finance And Business Topics

Making Small Profits To Get Better

financial literacy

Lately I was reading about this deal where people can buy specific items from a store with a buy two get one free deal that will be taking place. As a result, some people are going to snatch multiple items in hopes to then resell them for a small amount of profit down the road. From what I saw, the profit wouldn’t be too much as the person might get say $5 per sale.

Now the interesting thing is the person is a regular consumer and so he will rely on ways such as Ebay or Craigslist to sell the item. As a result, he was then being ridiculed on how he should just work at a job as for the time it takes him to the sell the item he could have easily made more even with a minimum wage job.

When I read that comment I was just thinking how I disagreed with that mindset so much. Like most things, practice will only make you better. Especially when it comes to ways like this to make money it can make you more confident in exploring different things to venture into. As well, along the way you can probably develop techniques to help streamline your side venture even more in the future.

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