It seems like a lot of people are on bans, but is anyone still purging? Ive been doing good and bad sold 3 recently, and have bids/offers on a few more. Im having some trouble cutting down more, and Im also having some trouble NOT thinking of my selling funds as purchasing funds before I would sell bags and use the money to buy more bags!
I went back to my first post in this thread, from early 2010 - I had about 10 bags, excluding smaller/evening bags, was only using 4 regularly, but didnt think I could cut down much more. Now Im at 10 bags exactly (Including smaller/evening bags), and some of these will be on the chopping block as I continue to purge.
So thats good. Except that of those 10, 6 were purchased AFTER I started purging last year. In fact, the bags that Ive had the longest of my current rotation were purchased in December 2009. So my turnover was still pretty crazy in 2010, mostly in the first half. Maybe Im the type of person who cant have the same couple of bags year after year, but I also think I need to do a better job of managing my buying and selling habits.
Im still not sure how low I can go, and honestly, Im having trouble parting with some, but Im trying to think of all of the other things I can use the money for retirement, vacation, down payment and that helps. Ive set a lot of financial goals for 2011, and Im hoping that this will motivate me to be really good this year. (Plus it's been a time suck too.)