OK , so like a lot of people I used to bust by butt working for someone else , doing a very physically demanding job . I would get up at sunrise and work for twelve plus hours , get two twenty minute breaks and one thirty minute lunch, I had to move and pack boxes with 30 lbs of product and make a quota of one box per minute , let me tell you how crappy and old that got .
So I quickly got tired of working so hard just to make other people money and have idiot bosses watch over me and make decisions that affected my job from their air conditioned offices knowing that they could not do the job I had to do.
Right , so I knew I was worth more than this and I was certainly smarter than the people I worked for so I had to come up with a plan to quit this dead end job. So I did like most people and try to figure out how much money per month after bills I had to work with , I had to start somewhere so I was able to scrape up $300.00 after bills and gas , food etc.
With my $300.00 I had to find a way to make it grow , I knew this had to be a short term investment with a good return . I scoured the web and got know where, looked into stocks . friggin joke there , you see i am all about playing the odds and the odds in the stock mkt. were not in my favor, well not enough anyways.
Then I found craigslist while I was searching the web , well what could I buy with $300.00? I searched and searched . Finally I found a car .... what? a car for $300, yup . The ad read 1987 Pontiac , not sure what the make is . sporty. this caught my eye for some reason , mainly because I was curious and who sells a car and does not know what it is?
so I called the number and right away a lady answers , I am calling about the car, I said . You did not say much about it could you tell me more ? anyway this is a long drawn out story lets cut to the chase . the car was a Pontiac Fiero GT with 18,000 miles in mint condition , this car was worth around $8,000 dollars , yeah i bought it.
The next weekend I sold the car, I was asking $5,000 and I got a call within 2 hours of putting it in the paper. I sold the car for $5,000 the man did not even haggle with me , I did not want to sell it for full price , reason #1 I got a great deal. reason #2 Karma it is real folks trust me .
So profit can be made with very little money and a bit of smarts , check your state laws and see how many titled vehicles you can sell per year without having a dealers license this is a great way to make some cash but not all deals will go down like this, you need to expect sitting on your purchase for some time , I am all about selling something even if I only make two or three hundred profit . it is always about the "quick sale" don't be too proud or dumb and set a price so high that it takes forever to sell. if you have to do this to make a profit , you paid too much for the item.
Also think ,the more expensive the item the greater the return , so if I sell a house I will make more money than if I sell a golf kart. so meet your limit with a titled vehicle then move to the smaller stuff like quads , go kart, or other non titled property.
I was able to also look at my bills closer car insurance I switched companies and saved $375 a year just by shopping around , I bought bulk items that were sensible at places like Sam's and figured out i saved $1,200 a year planning more , I was spending like $35 a week on energy drinks so I cut those out completely and replaced them with tea at $10 a week .
You just need to look at the big long term picture . so I had made and saved $15,000 by my first year and then it was on , time to expand and quit my nowhere job......Next we will talk about buying a business, house etc.. to be continued......
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