Comments on: Financial Confessional: “I’ve Spent over $40,000 on Amazon”

By: rosie leizrowice

rosie leizrowice — Fri, 26 May 2017 12:07:10 +0000

I don’t even want to look at how much I have spent on Amazon over the last year. But when I dropped out of university, I decided that (as I wouldn’t be spend £30,000 on a degree) I could spend whatever I wanted on books, provided I always buy the cheapest version available.

By: Mrs. Farmhouse Finance

Mrs. Farmhouse Finance — Wed, 24 May 2017 10:39:10 +0000

I got rid of Prime, and I’m ordering a lot less stuff. My husband still has it, if we need to order something for the house, but not having free two-day shipping on my own account makes me think twice about placing an order. It seems ridiculous to both be paying the $90 a year, but we were for years!

By: Michael @ Super Millennial

Michael @ Super Millennial — Mon, 22 May 2017 10:57:31 +0000

I had 161 orders last year, whoops! I figure if its cheaper and easier than going to Target or Wal-Mart I’m ok with it. But I’ve definitely cut back in 2017 and focusing more on minimalistic lifestyle instead of hyper-consumption!

By: Fruclassity (Ruth)

Fruclassity (Ruth) — Sun, 21 May 2017 21:00:19 +0000

In reply to Mrs. BITA. You are being very smart with your good fortune! Enjoy the freedom you're setting up for yourselves!

By: J. Money

J. Money — Sun, 21 May 2017 19:39:10 +0000

In reply to Blastmaster.

“We use the average Americans consumerism to propel us towards financial independence” – Hah! And unfortunately that’s not slowing down anytime soon…

By: Blastmaster

Blastmaster — Thu, 18 May 2017 23:05:29 +0000

We do own stock in Amazon and also sell there (and eBay) as a side hustle. Last year we had $60,000 in sales for taxable profits of $27,000. We will often purchase items online at lower cost and resell them on Amazon for good margins, both new and used merchandise. With Prime, people are willing to pay $10 extra just to get 2 day “free” shipping. Most filter the search for “Prime” only. Wait 7 days for a book? No way! Lets overpay! We are able to send a large box of 15-30 items into an Amazons fulfillment center for $5-$10 total and when things sell, Amazon ships it out “Prime”. We get paid every Sunday via direct deposit from Amazon While we are very frugal, we use the average Americans consumerism to propel us towards financial independence. We made an additional $6000 around Christmas selling overpriced junk just on Amazon.

By: Mrs. BITA

Mrs. BITA — Thu, 18 May 2017 19:48:16 +0000

In reply to Debbie. Thank you Debbie! You and I are just opposites - you are barely familiar with Amazon, and I can count on the fingers of one hand the number of times I've entered Walmart : )

By: Mrs. BITA

Mrs. BITA — Thu, 18 May 2017 19:45:34 +0000

In reply to ZJ Thorne. Yep, it is 1-click all the way to the poor house if one is not watchful.

By: Mrs. BITA

Mrs. BITA — Thu, 18 May 2017 19:44:31 +0000

In reply to Lily @TheFrugalGene. It especially irks me when they ship you teensy tiny things in giant boxes. Yes, I absolutely needed to spend 20 minutes cutting down a box that contained a keychain : /

By: Mrs. BITA

Mrs. BITA — Thu, 18 May 2017 19:42:33 +0000

In reply to Studmachine. You are most welcome : )