Saturday, October 25, 2014
Getting Paid :: 25/31
What is one of the best things about selling on eBay? Getting paid, of course! :)
I pay myself every Friday, transferring money from my Paypal account into our checking account. It usually shows up in about 3 days and I have never had any problems.
Before withdrawing any funds, I click on the Account tab in My eBay and check what my current balance is...that is the amount I owe eBay for fees and such. I have this set up to be paid by PayPal automatically every month so I always make sure there is enough left in my Paypal account to cover my current balance on eBay. You can read about paying your eBay fees here.
Also, if I have had any large sales (over $100) I like to wait until the return period is up (14 days currently) before I spend that money. Anything less I could cover without too much pain but it would bug me to take a big chunk out of our checking.
This method has worked great for me for over 2 years. So that is my tip of the day...leave enough in your Paypal account to cover your eBay fees. You will thank yourself later.
at 10:28 AM