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Jeffrey - a question

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  • Jeffrey - a question

    One of the ideas I'm considering is making jewelry with what I have on hand, figuring I may need to invest in a clasp, or some head pins, or an accent bead along the way. I sat down to work on a necklace and have now finished it - all with supplies on hand. Can I include its profit if it sells? I fully anticipated spending a little something in order to complete it, until I realized I had everything I needed already. Technically, I didn't need any of the $20 to create this product, nor will I need any of it to list it for sale.

    Thoughts? TIA

  • #2
    Re: Jeffrey - a question

    I'm leaving everything open to each individual to decide

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    • #3
      Re: Jeffrey - a question

      Alright - thanks.

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      • #4
        Re: Jeffrey - a question

        Ok so I have a question too. I get the newspaper every day. Well there are often coupons (not just the Sunday paper). Technically I wouldn't be making extra money using the coupons, I would save it. However, I would be making it stay in my pocket. The only thing with this is that I almost always have to spend money to get the savings. Would this work?

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        • #5
          Re: Jeffrey - a question

          Originally posted by gakline
          Ok so I have a question too. I get the newspaper every day. Well there are often coupons (not just the Sunday paper). Technically I wouldn't be making extra money using the coupons, I would save it. However, I would be making it stay in my pocket. The only thing with this is that I almost always have to spend money to get the savings. Would this work?
          Again, I leave it up to your discretion. I think that if you feel it is appropriate and can explain why you're counting it, it's good for everyone to read about. Thinking in different ways on how to turn the $20 into more is great for everyone to think about money in different ways. I don't want to place limits because part of the exercise is to get everyone thinking beyond haw they had been.

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          • #6
            Re: Jeffrey - a question

            Here is how I look at coupons. If I buy something that I have to buy anyway and I use a coupon that money is saved. If I buy something I wouldn't normally buy then the money spent for the items is additional spending. If I use a coupon to get a name brand item for the same price as a generic or store brand that I would usually buy it is a wash. If you want to use coupons to add to your $5000 challenge. Take the value of the coupon used to buy something you would normally buy and have budgeted for and put it in your challenge account.

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