I am in a situation and I need some ideas on how I can overcome this problem. I need to earn approximately $15,000. Betsy and I have worked our butts off over that last few years paying off debt. We have been debt free for a while now and really do not want to ever return to that life style again. However, there is something that has come up that I completely overlooked and honestly I ignored for years because it was my son's responsibility to take care of. It's related to student loans that I took out for him when he started college. I have the money but for the life of me I don't want to spend it on those loans. I have to get this resolved for myself before it becomes a real issue. So, as I stated I need ideas about how I can earn $15,000. The obvious answer is get a job. However, that is a less than desirable solution. But, I will if I have to. I do computer consulting for a few businesses around town and will probably round up a bit more business for that. My trading isn't to the point where I can make this money through that effort. So, I'm asking for input from all of you.
I feel a bit uncomfortable with even writing this for semi-public reading but figured I would give it a shot.
I used them for my vacation. I ended up spending $2000 to have three dogs watched for three weeks. So, in other words, it is very lucrative for the dog watcher...
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The following 2 users say Thank You to Big Mike for this post:
First, congratulations on being (nearly ) debt free. That is huge!
If you have the money but just don't want to spend it in one lump sum, what is the possibility of your son sharing payment of the debt, assuming he sees value in what you provided him and is able?
And, since you want to take care of this as soon as possible, the logical path, in my opinion, is to do is more consulting since you have a client base and references. It takes time and money to start a new business.
Good luck Mike.
The following user says Thank You to Robert Carrillo for this post:
My son is making contribution and in fact as far as he knows he is making ALL the payments. I just see that I need to get out from under this so I can rest easy at night. If I can get it paid off then maybe I'll forgive some of it for him or maybe not and make him continue paying me. Bottom line is this situation effects the 4 boys more than I think I'm willing to watch. So, I will do whatever I do because of that and probably nothing more.
Yes more consulting is always an option and one that I will pursue. That is where I have the best opportunity.