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How to Turn $20 into $100 in Ten Easy Steps (Or at least how I managed to do it)
Before we get started, as a disclaimer this is not intended to be financial advice but rather encouragement. Below I have jotted down the simple formula which I have used to do just what the title claims - turn $20 into $100. The steps are easy to follow and the process only requires a bit of time and patience, an eBay account (or any online trading site you prefer) and the product of your choice. The process works. Anyone can do it. So here's how it's done... Step One: Find an item of interest that you know something about and that you can easily reproduce or purchase at a low cost, preferably less than $10. Step Two: Use $10 to purchase or manufacture the item. Step Three: List the item on eBay or any online trading site of your choice. Use the remaining $10 to cover listing and success fees. Obviously, list the item for more than it cost you to purchase or make. On that note, make sure the price you sell the item for is enough to: 1. Cover what you pa...
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