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Wednesday, June 30, 2010

$5.00 Gift Card Trash Week #1

A few weeks ago during breakfast, the kids and I found this gift card in a box of Golden Grahams.
I find it hard to believe a $3.00 box of cereal was giving away credit cards worth $5.00, but I’m good with it!

So, what did I do with the $5.00 (after Reef colored on it with green marker)?

I wanted to do something creative, something resourceful, and something to blog about.

Here’s what I did.

I went to $1.00 day last week at Goodwill and purchased these 5 items. Here's what they sold for.

This Motherhood Size 1X XL Long Denim Jean Straight Skirt sold for $8.99.

These Women's Union Bay Large Denim Jean Overalls sold for $7.99.

My profit? $44.97.

Keep in mind I paid with these items with my awarded gift card, in other words, these items were free.

This really excites me. I want to make a trail of trash and follow it for the next year.

Here’s what I’m going to do.

Out of my profit for the week, I’m going to give myself back the original $5.00.

Next week I’ll use it to buy 5 more items at Goodwill again.

I’m curious to see what I can make in a year if I keep crediting myself back the $5.00 and use it again for future $1.00 day purchases.

I want to do something special with the profit; something special for the kids. I wonder what they'll come up with.

I’m trying to think of a catchy title for this idea.

Any suggestions?


  1. What an awesome idea! They will become so involved in the process as well! I can't wait to see how this plays out for you and your family.

  2. How about the Golden Graham Goodwill Gold?
    Bev K.

  3. That is a fantastic way to utilize the $5!

    I say with the profits, take a small day trip- visit some fun places like a zoo, museums, the beach, etc.

  4. "Bids for the Kids, maybe?

    Love your blog. Love it!!

  5. Love the idea Laura! You are so amazing!!! You and your friend Kelly are so inspiring. I love and miss you!!!

  6. What a terrific idea! Can't wait to see how you do.

  7. This is such a fun idea. I think you should call it Follow The Trash.

  8. Great idea! What about the Seed Money Tree? Can't wait to watch your money grow! :)

  9. I don't have any ideas for a name, but I think the idea is a great one. Will be anxious to see how it develops. Have fun with the puchases, and with the kids!

  10. How cool is that!? I would have spent the $5 I didn't spend that same day. Just cause I am (not so) good with money like that!

    Thanks for visiting my blog

  11. im impressed but how did you got these items sold? there are allot of competition

  12. I love the idea.

    Since the name on the card is "Green". How about Green cash. Or Trash cash.

    Anyway good luck and I'll enjoy watching your investment grow.