Settling back in to old Routines

My first week back home from the vacation to Washington is nearly over. I think I slipped right back into old habits for the most part. Other than the loss of my watch, much is the same.

On Monday, my eBay shop came off of Time Away, and traffic, organic and promotional, returned to my listings.

I have received 6 orders so far. 3 for FatWalletRefugee, 2 for LaFemme1st, and an AprilAire filter through KingsCastleHomeImprovement.

In the weeks before leaving on my trip, I was involved in getting funding through Liberis for my eBay store.

For several months now, I have seen a banner notice saying I qualified for funding.

I had done some due diligence over on Reddit to see what other sellers had to say about the funding offer. I encountered mixed feelings among the comments.

In the end I decided to go for it. But as the trip approached, I decided it wasn’t a good time to initiate the “loan,” so I declined to sign the contract and after some messages, I let Liberis know I would reapply when I got back.

So two days ago, when I logged into eBay, I saw two banners. One for $600 in funding and the other for a line of credit valued at $1,100. I must say, the line of credit was appealing, but I was wary of the pitfalls of debt and decided to stick with the $600.

It’s not actually a loan per se. What I signed is a revenue purchase agreement. I agreed that 30% of all of my sales would go to paying off the lump sum funding I received. There was also one-time fee of $79.

The estimate I was shown said it would take 4-6 months at my regular rate of sales to pay back the $600 funding.

I received the money in my bank account yesterday and used it to pay off the American Express card that I use for sourcing products.

I also switched to GEICO for my car insurance, so I had another $1,120 charged to it today. I’m saving around $640 annually with this switch in insurers.

Although, I had a heck of a time getting through the application process. Somewhere in this world there lives a web designer; an employee of GEICO, who really needs their head smashed in. I said as much in the exit survey.

Actually, I toned it down. But that web form made me violently, violently angry. I finally got it done after having to clear my cookies and resubmit the form 3 times. No back or undo function. Utter eejits, all of them.

Next goal for my business is to not spend a penny on any new goods. I have backlog of unlisted products, I should be able to finish the year in the black.