Entrepreneurship & Small Business

I need to make 50K by next April

  • Last Updated:
  • Apr 25th, 2017 11:50 pm
Deal Addict
User avatar
Jun 8, 2008
3305 posts
819 upvotes
Toronto
Bank loan? HELOC? Sell your house and downsize?

And unless *I* got my family into that pickle of needing 50K in a short time frame, I wouldn't be so inclined to get us out of it although I realize that different cultures have different approaches. Not sure what a car insurance broker job is like, but if it isn't a full time job earning 50K+, I'd suggest your wife go get one.
Deal Guru
Jun 30, 2006
13673 posts
2241 upvotes
Toronto
Is your wife attractive? You can be her pimp. Just joking.
Sr. Member
Apr 21, 2014
864 posts
169 upvotes
Alberta
To tell you the truth the quickest way to MAKE 50k more income would be a combination of

1) Find a higher paying job, that should give you a 15-20k bump right there
2) Your wife has to step up, since she is on commission she does not have an income ceiling. Spend time on her business to think of creative ways to market and get the volume she would need. If she might get an additional 20-30k.

That's your 50k.

If you need 50k by that time, do you own your home (i.e. have a mortgage). Can't you just take some out from a HELOC.
Deal Addict
User avatar
Jun 8, 2008
3305 posts
819 upvotes
Toronto
carmaster wrote:
Apr 19th, 2017 8:13 pm
Is your wife attractive? You can be her pimp. Just joking.
Woah, that's a pretty tasteless suggestion :( . I will never understand how people think this is funny.
Deal Expert
User avatar
Jun 9, 2003
23028 posts
979 upvotes
Markham, ON
wirebound wrote:
Apr 20th, 2017 6:47 am
Woah, that's a pretty tasteless suggestion :( . I will never understand how people think this is funny.
dont worry ...troll thread

full time job for both parents...and have to look after a kids...ok...and then make another 50k on a side job?
Member
User avatar
Mar 3, 2011
271 posts
120 upvotes
If you find something that nets you an extra $50k in a year, please share because I am sure everyone would be curious and want in on that.

With your situation I dont see you getting a second job and if you did it would be sub-$50k unless it's under the table which would be even harder.

Heloc is actually a really great idea if you have that option.
Deal Guru
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Oct 13, 2009
12461 posts
2373 upvotes
Iqaluit, NU
trap
Firebolt wrote:
Feb 12th, 2016 1:09 pm
give lots of head for sick knee fadez, give lots of lap dances for ca$h wallet fades. Always pop that leg when kissing for dope honey combs, knee lots of mans in the crotch for killer whiskers, low ride like an og for them stacks. And traintracks? Only achievable by a legend in the denim game
Newbie
May 12, 2014
48 posts
11 upvotes
Brampton, ON
wirebound wrote:
Apr 19th, 2017 4:20 pm
Bank loan? HELOC? Sell your house and downsize?

And unless *I* got my family into that pickle of needing 50K in a short time frame, I wouldn't be so inclined to get us out of it although I realize that different cultures have different approaches. Not sure what a car insurance broker job is like, but if it isn't a full time job earning 50K+, I'd suggest your wife go get one.
+1
Member
Feb 23, 2015
264 posts
9 upvotes
Mississauga, ON
You should give more details, ie: your skills, experience, education, location
Avoid starting a business if that involves spending money as businesses typically take a few years to work out.
Jr. Member
Oct 27, 2012
158 posts
46 upvotes
Shwa
If it was that easy to just start a business and make 50k in a year then no one would work for anyone else
Member
May 22, 2016
435 posts
53 upvotes
Ontario
1. Hit the casino
2. Gofundme
3. Make quality blue leaf weed
4. Crash car pull insurance scam
5. Sports gambling
6. Hitman
7. Youtuber
8. Get a new job
9. Begging on the street
10. Online scams
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