(I\'ll reprint some pf my challenge posts here.)

I\'m tentatively in - whether I aim big or small, I honestly haven\'t decided yet.  I won\'t carry over my 2005 challenge earnings, but I will continue some of the things from that challenge.  I will count AdSense earnings from my tutoring and homeschooling web sites, and I will count sales from half.com.

I\'m starting a new business this winter/spring, selling my own handmade items and possibly buying a few things wholesale to resell as well.  The DivaTribe boutique is currently closed, and when it reopens it will feature these things.  Jeffrey (owner of SavingAdvice.com) suggested that I track my progress here so that others can see what I\'m doing, offer advice and constructive criticism and learn from my experience.

I have certain advantages.  I already have my web sites, so I don\'t need to pay for domain names or hosting.  For what I\'m making, I already have some in stock and have yarn purchased that needs to be used.    I also have money in DivaTribe\'s coffers to spend on advertising and purchasing wholesale.  

So my dilemma here is two-fold: what to do specifically (if anything, right now) with the $20, and how transparent am I comfortable being with putting my business\' income and expenses out there for all to see.  

I won\'t be counting other sources of DivaTribe income (AdSense, advertising, affiliates, etc.).  For this challenge, I\'ll focus specifically on the boutique as best I can.

On a separate note, I think I\'ll count money I save on dining out and groceries.  I have amounts budgeted for each of those categories; any money I save will go to my challenge total.  Likely won\'t be much, if any, but I\'ll count it nonetheless.  I\'ll also count interest earned and have started an ING account with $20, especially for this challenge.

So there you go.  Starting off with $20.

+$9.20 from half.com
-$2.07 for postage

New total: $34.80

Soap Star wrote:


I agree - for me, finding ways to save and build up the initial $20 makes it easier to then come up ways to spend the money to make more money.