My life is a mess financially. The devil called and I accepted, that is, the SBA called and offered me a loan during Covid that crippled me and bankruptcy seems to be the only way out.
However, I don’t want to do that.
Monthly payments — $4,000
Still have around $150K
The business LLC is still in operation but only generates roughly $700 gross monthly.
I have a w2 job making $130K/annually.
No payments have ever been late or missed.
I’m working right now on finding a couple of second jobs as a commission-only sales rep to hopefully bring in some extra cash.
My questions are: How could I put some of the money that remains to use in a smart way so that it grows? High-yield savings is the obvious choice, but curious if anyone has any other ideas?
submitted by /u/Soul_of_Garlic
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