Zero to One Six Zeros

From Zero to One Million Dollars. One Six Zeros. That's it.

November 30, 2015

Month Report: November 2015



I have done it.

I have finally, FINALLY cracked the $1,000 barrier!!!


Only taken me a year to do it, but this is starting from zero. I did it all starting from nothing and turning that into one thousand smackaroos.

Quite happy. Actually, very happy. Changes are a foot. Finally I can get cracking onto something different.

Here’s how the last two months have panned out

October 2015


Bought Assets: $75

eBay fees & Postage: $16.95

PayPal Fees: $0

Software: $129.99

13 Phone Calls: $0.70


Interest: $1.63

Commission: $1.15

Online Sales: $228.00

Month Total: $8.14

November 2015


Bought Assets: $10.00

eBay fees & Postage: $21.66

PayPal Fees: $7.50

Betting: $113.32


Interest: $2.20

Copywriting: $79.20

Online Sales: $38.96

Toby’s Easy Rewards: $200.00

Betting: $80.38

Recycling: $16.30

Month Total: $264.56

Revenue increased by $463.25 this month.

The tally is now updated to: $1,250.09


Looks good writing that number there!

Was disappointing to not back the winner in the Melbourne Cup, putting my sports betting at a loss for the first month ever. Oh well!

Was very fortunate to provide copywriting for a client. Weird number of $79.20 but this is US converted into AUD.

I bet you’re dying to ask me what the bleep Toby’s Easy Rewards are.

Well, I am dying to tell you. It’s actually something that I do quite often and is so easy to do.

I think this is something I need to explain in greater detail so you can do it as well.

I 100% definitely made that money in 5-10 mins. Keep an eye open for that post!! (Wow, I’m such a tease)

Celebration time! Yeehaaa!! Breaking the thousand barrier is an awesome first step.

Here’s hoping the next thousand comes so much faster!

Thanks for reading!

November 14, 2015

Making Taxes a Little Less… Taxing

This is a guest post from Readiesincome-tax-491626_1920

The subject of income tax is enough to get many people steamed up; nearly everyone thinks he or she pays too much. Most of us gamely do our best anyway, but it doesn’t help that the HMRC doesn’t always make it easy. The Public Accounts Committee (PAC) has issued a report revealing that half of all calls to the taxman in the first six months of 2015 were not even picked up. That’s the equivalent of 12 million unanswered calls.

And this isn’t just a simple customer service glitch; it has consequences. MPs on the PAC speculate that millions of people filled in their tax returns incorrectly because of the failure of the HMRC to answer their calls. Some MPs expressed fears that pensioners are particularly impacted because fewer are on the Internet and they often have more complex tax arrangements.

Data released earlier in the year by the debt charity Citizens Advice indicated that HMRC took an average of 47 minutes to pick up calls, despite the declaration on its web site that calls are answered within 10 minutes. Some callers reported waiting up to four hours. Citizens Advice warned that if people aren’t able to get through to the HMRC to update information related to tax credits, they could be left short or they could overpay, which could cause debt problems. And workers who cannot fill in their self-assessment return on time and can’t get through on the phone could also be fined for missing the deadline. Gillian Guy of Citizens Advice said that people are paying the price for not getting through to HMRC.

But it seems that the tax authority is trying to come up with a long-term solution.

At present HMRC is working to develop a system of personal online tax accounts for all individuals and companies. Similar to an online bank account, people would be able to log in and view up-to-date information about their payments and liabilities. The info would already be filled in, with data relating to different taxes inserted automatically. This will make it easier to file error-free returns and harder to evade taxes. The ultimate goal of course is to get more cash into the HMRC’s coffers.

Progress is being made towards this digital breakthrough, though it’s a formidable task, with numerous technical and logistical obstacles to work through. But the ability to handle taxes at the click of a mouse is not a panacea. There are times when people will still need to talk to a live representative. Sally West, a strategic advisor with the charity Age UK, has pointed out that there should always be alternatives to accommodate taxpayers that are not online, in particular the elderly. She said, “People shouldn’t be pushed into it if they’re not comfortable.”

And lest one think that all of the digitally disenfranchised are elderly, that’s not accurate. In September 2015 HMRC published research indicating that 10 per cent of taxpayers (around 3 million) have no Internet access, with an additional 29 per cent (8.6 million) falling into the “assisted digital” category, meaning they need assistance to interact with the government online. And three in five self-employed taxpayers are digitally disenfranchised to some extent, according to the study.

If personal tax accounts are going to work there are challenges beyond the technical that need to be overcome. People have to be persuaded that this is a good thing, that the process will be easy and that their privacy will not be compromised. Paul Aplin, chair of the technical committee at the Institute of Chartered Accountants of England and Wales, which scrutinises tax policy, says that the HMRC would be well advised to “pull” rather than “push” taxpayers to move online. Otherwise people’s concerns and fears will only be exacerbated.

If you’re a student, take heed.

The digital generation should have no problem adapting to the HMRC’s brave new world when it gets here, but this raises a final point to consider in the meantime. If you’re a university student you no doubt have a lot on your mind, and taxes may be the last thing you want to be thinking about as you juggle a nonstop schedule of studies, partying and trying to make a go of your new life of independence. But if you have any income at all – whether from a part time job or from interest on a bank account or investment – there’s a very good chance that you will have some tax liability. You need to educate yourself about the tax code and your rights and responsibilities, not only to ensure that you pay enough taxes but also to make sure you are not overpaying.

It’s important that you know which income is taxable and which is not, and that you know whether or not those odd jobs you take on occasion render you “self-employed” in the eyes of the HMRC. That makes a big difference in the way you file your tax reports. For that matter it could also be beneficial to explore ways to save and earn tax-free money on the interest (think ISA). This isn’t to suggest that you stress yourself out worrying about the taxman; to the contrary, getting your tax situation under control means you will have one less worry. Be sure to keep an eye on the progress of the HMRC’s digital revolution, and who knows, maybe you’ll be the first in your hall to get the tax app when it’s released.

The good news for all of us – whether we’re uni students or not – is that the HMRC is at least trying to make it easier for us to give them our money. Well, maybe that’s not unreservedly good news, but it does make life a bit easier for all that, since most of us have to pay taxes anyway.

November 3, 2015

Month Report: October 2015


Ohh man.. I had such a bad feeling I was going to be in the minus this month, but.. I’m still kind of down about my outcome.

I did say I was going to wind down a little bit.  I did, but I still.. well, let’s have a little look shall we?


September 2015


Bought Assets: $40

eBay fees & Postage: $40.87

PayPal Fees: $5.62

Hardware: $10



Interest: $1.27

Online Sales: $147.99

Betting: $140.96

Recycling: $13.10

Month Total: $206.83


October 2015


Bought Assets: $75

eBay fees & Postage: $16.95

PayPal Fees: $0

Software: $129.99

13 Phone Calls: $0.70



Interest: $1.63

Commission: $1.15

Online Sales: $228.00

Month Total: $8.14


Revenue decreased by $198.69 this month.



The tally is now updated to: $985.53


I’m pretty disappointed with the months efforts.

In my last report, I said I was going to wind down a bit, but halfway though the month I realised that I was going to be way down.  I wanted to be past the $1000 mark.

I was really looking forward to celebrating with you guys, my five readers :)

But, alas. it isn’t to be.

So what’s been going on?  Well, I bought Adobe Premiere Elements.  It is a video editing software that is helping me make YouTube videos.

Yep, that’s right, if you’ve been following on Facebook, I’ve been delving into YouTube land, trying to make a few funny vids here and there.

Wanted to give it a proper go, and to do that you need to spend money to make it.

I realised I was way down and wasn’t selling some items I found at garage sales and op shops. I took a drastic measure.

I sold my Gameboy Colour along with Pokemon and all the games for $110 profit.

Normally I would be happy with that.  I am, but sad to see something I always wanted to move onto another person.

Things come and go though. I value trying to earn a living for my family rather than my simple pleasures sometimes.

One day I might enjoy play time with trinkets I enjoy a bit longer, hehehe, but.. you know, gotta make that bread whilst the sun shines. Or, similar quotes that make more sense.

Anyway, profit is profit. Just need to find that drive to keep me pushing.  Would love to hear more from you guys though I could really use your inspiration.

Thanks for reading.  I look forward to blazing away over the next month with some funny vids and finding gold in more garage sales/op shops, until I have enough savings to move onto something bigger and better.

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