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-   -   Spending and Not Withdrawing (https://www.aspkin.com/forums/paypal-talk/66423-spending-not-withdrawing.html)

Intrinzik 10-27-2013 12:59 AM

Spending and Not Withdrawing
 
Hello all, I have recently started selling on eBay and have been generating some decent income. I now have some funds that have cleared the holding period, and are marked as available. Instead of withdrawing, I would like to spend the funds through several online companies (web development, virtual goods, hosting, etc) using the available funds. Right now, I have about $1000 that is available, and another $1500 that is still pending, but that will clear within the next 7-10 days. Since I am spending the funds, instead of withdrawing, would I run into any problems in terms of endangering the account? Also, would it be a good idea to keep my spending down a bit in the beginning, so as to leave some funds in the account to cover fees, refunds, etc?

Thanks!

rsot 10-28-2013 03:20 PM

Re: Spending and Not Withdrawing
 
I like to leave 3-4x the average sale at all times in the pp account for smooth sailing...keeps "gas in the engine". How old is the account? Has feedback been left and all sales complete? Questions worth noting...

Intrinzik 10-28-2013 11:04 PM

Re: Spending and Not Withdrawing
 
The account is almost three months old, but has only really been active for the last 3-4 weeks. Feedback has been left for most of the listings, and for the listings that have not had feedback left, the money has cleared.

I will play it safe and let the account balance continue to build as previous and new payments clear, before I spend a substantial amount of the balance. Even then, I will be sure to keep 3-4x the average sale in the account, as you suggested.

Quote:

Originally Posted by rsot (Post 498599)
I like to leave 3-4x the average sale at all times in the pp account for smooth sailing...keeps "gas in the engine". How old is the account? Has feedback been left and all sales complete? Questions worth noting...



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