Anyway the last point that i was at with the money in the project was $235.46. Which was not a bad point yes it may have taken some time to get there but in the end I did get there. Today however I have some really good news for the project. In the month of February I have been able to add some money to the project which is a good move forward. In fact the total for February was $210.86. Which not only gets Step 13 Complete, it also puts me at the grand total of $446.32 which is just a small step to completing step 14. Or just $53.68 away from completion.

Anyway i suppose i should really share just how i made it to this point so far or at least share the bit of February anyway. The best thing so far is the interest which i am gaining, for February this was a total of 76cents, and is only something that is going to increase as time goes on. It may seem like a small amount at the moment, however compound interest and interest on money in general is quite a good way to earn consistent steady money, even if it is not a lot, however i do expect this to about double in March, with the extra money that will be in the account.

The biggest boost for the project though came from receiving some money for the consignment items that I had though, this accounted for $200 of the income for the project and i am expecting to see a good bit more to come just not sure on when or how much exactly at this point, but should time will tell. Another $10 also came from selling a couple of cables that i had lying around, good to get rid of little things.Finally the other 10 cents came from finding 2 five cent coins. Finding coins is still part of the project however it is not i think definitely a smaller part of the project, notes found may still be a good addition, and is still something i will watch out for it is going to be far from an important part of the project, especially considering the next step is $500-$1000, even $2 coins would take at least 250 coins to get there.

Anyway that is where i am at with the project now, and i look forward to having some more news soon about the project or would love to hear about your own project like this, and how you are going building your income for the project. I think the next focus that i am going to have to look at is how to get more consistent income instead of one off and trickle’s. That is a story for another though.

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While it may be the right thing to do to hand it in, i doubt that this is really an idea that has much logic behind it. If someone is careless enough to lose $20, I believe that they will probably have a hard time actually remembering where they lost it. If they remember this then they would have realized and picked it up at the time. The next point is that if you do hand it in what is to say that the person you hand it into, being a security guard or some business near where you find it will be honest and not just keep it. Even more to say how do you know the person will even go and ask.

So it is my decision it stays in the project now. This brings the project to a total of $234.01. Which is about $22.00 away from completing Step 13. Which i am confident will come fairly quickly.

At present all of these items are in a local store on consignment. The best bit that i have found out just yesterday is that a number of pieces have already sold. Probably about 12-15 items, however they are some of the items that were higher priced. I am not adding this money to the project yet, as i have not actually received any of it. So i find out yesterday that these items that have sold will almost entirely cover the cost of buying all the items in the beginning. Which is great news as by my calculations without final prices on everything, there is potentially another $500-$700 worth of items to sell. It will i expect slow down a little now, however i am still quite happy with this.

After this initial success i am unsure if it is a wise move or not to consider going into this sort of buying a lot more, and see what i can manage, either as part of this project or external from it if the money involved in much higher. However it is something that i am seriously considering.

This is on top of the box of other items which has also gone, admittedly these were smaller items and they are not selling so well, as they are not collectible and not really pieces of interest as such. However this is something that i think is part of the learning curve in approaching this.

Another two additions to the project, have come this month as well, $6 i made doing some colour laser printing, and also $45 i got for doing some computer work for a friend. Which brings the project to $214.01 which doesn’t include anything for the items that i have on consignment at the moment. The consignment items are something that i am just going to try and work out with the store once a month more so to try and simplify things a little. So I will update these amounts in the regular monthly update.

So wow this month is turning out to be quite a good month and i can see that into 2010, things are going to get better and i would expect start moving even faster.

First up was my find. A 50 cent coin in a drain. I almost kept walking, but shiny things on the ground have always caught my attention and i luckily didn’t leave it behind. From memory this was the only find this month, which is a drop in the number of coins i have been finding, being mostly 5 cent coins though, this single coin has been more then i have been finding in a single find.

The other thing that has become a monthly occurrence is interest at the bank. This month it come to a total of 41 cents, which is a little jump over the previous month i think even thought he amount of money has not changed. It is more a case that interest rates in Australia are rising and have helped the money to earn a higher rate of interest.

Finally a little about something that i have spent a little time putting together this month. I have been able buy at a good price some good items which i am going to put on consignment into a store near by. In total about $100-$400 i am going to spend on these items, and hopefully they will fetch somewhere around $400- $800 or around double the cost. This i know is something that will always be up in the air, and can take some time but with any luck there are some really nice pieces and items which people may like.

Anyway may be able to share some good gains with this last piece of information at the end of December. Along with interest rates which should be a little high again with another increase earlier this week. Along with potential finds, i think this month could be good for finds as there is a lot more people shopping so more people to drop money. However this also counters with more people to find money, but i think that i will have a better chance because i am expecting to find money.

While this is not going to make a lot of money in the long term, it will convert some of the stuff that I have had sitting around for anything up to a few years into a little bit of cash that i can put into this project.

The next step that i need to complete for this is to get the 2 or 3 boxes of computer gear, AV gear and cables out of the way. I am considering offering the lot to one of my friends who is now more involved in a similar business at what could only be said is a excellent price, for what is included. Otherwise looking to offer the gear on Ebay. If my friend wants it this will make it a load easier on me, and just get rid of it. Where as i may be able to make more money from it on Ebay but will also involve listing fees and a lot more time on my part.

At the moment i just want to get rid of it, so will have to have a little decision making session later today or tomorrow.

In my last update i came across a find of some stamps, and a 5 cent coin which in total gave me $5 for the project. Well since then I have had a number of finds. The best find was actually by sheer chance, it was a $5 note, and i could not even see it. Just by chance i picked up this docket i saw on the ground and wrapped inside the docket was a $5 note. This was a good find and actually the second $5 since i started the project. Additionally other smaller finds have include a 10 cent coin at the checkout, and 4 x 5 cent coins. Which is not a bad number of finds.

So for the month this totals to about $10.30 added to the project $162.10 which is not to bad.

In more unfortunate news for the project however I am still a little behind on the other things i have hoped to be making some money on for the project. This like affiliate programs are not working as quickly as i had hoped. However i still do have some ideas to build this project up my sleeve, one of which i will announce to you in early November. So keep an eye out and i think it will be something that we can all benefit from.

But then yesterday i made another find, a book of stamps with 9 still in it. At 55cents each that is $4.95 worth of stamps. Because i do not have any thoughts on how to use these in the project, i am going to put the money in and use them for other purposes, and put the money in that i would have normally spent on them.

As of yesterday i also made a goal that i want to achieve before the end of the year. This goal is still to be entirely defined, but the basic idea is that, i have realized i have a lot of junk around at home, and i want to get rid of as much of the stuff that i don’t use often if at all, before the end of the year. I will be looking to put any proceeds from this into the project, especially stuff that i have not used in a long time.

Finally at the moment i am spending some time getting all my primary websites, in order with new theme’s which will i hope be the last theme changes for at least 18 months to 2 years. I am making use of paid theme’s now, and hope to make good choices for the three sites that i going to initially make the theme changes. In making these theme changes i will be looking to hopefully better monetize, the sites, and so you may see a few changes with ads around some of my sites. Although i don’t want to make them to intrusive.