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re: *Updated* Life changing income about to happen and I need advice

Posted on 5/15/20 at 3:13 pm to
Posted by FMtTXtiger
Member since Oct 2018
4962 posts
Posted on 5/15/20 at 3:13 pm to
agree with JD, once she starts making more cash, she will want more toys....
Posted by Mariner
Mandeville, LA
Member since Jul 2009
2530 posts
Posted on 5/15/20 at 3:43 pm to
DON'T make the mistake of going bankrupt here because you overspend due to 2-3 years of great income and then expect that lifestyle to continue.

I agree with that and it is concerning. The house would be part of the business. If we have a larger and nicer house it would likely double her sales. We do not want to assume. Good advice.

And a thank you to all for the help. It is funny how when one becomea a success, with it comes the terrifying thought of losing it all.
Posted by southernelite
Houston, TX
Member since Sep 2009
53561 posts
Posted on 5/15/20 at 3:50 pm to
quote:

If we have a larger and nicer house it would likely double her sales.


Well, that’s a new one for me.

Posted by lsutiger2010
Member since Aug 2008
14790 posts
Posted on 5/15/20 at 4:07 pm to
(no message)
This post was edited on 10/18/21 at 4:44 pm
Posted by Mariner
Mandeville, LA
Member since Jul 2009
2530 posts
Posted on 5/15/20 at 4:53 pm to
I know. WTF. But believe me it will work.

This is coming from someone who thought her idea less than a year ago was going to provide a little fun money at best. But I kept my mouth shut, was supportive, and gave it a chance. Everything she has predicted has happened, but it ended up much higher than her expectations.
This post was edited on 5/15/20 at 4:54 pm
Posted by TulaneLSU
Member since Aug 2003
Member since Dec 2007
13614 posts
Posted on 5/15/20 at 5:08 pm to
Friend,

I would give extravagantly to churches whose ministry is serving the poor, orphan, widow, and prisoner. I would also give generously to the OWLFAN charity. He is our dear friend in need of our help.

Yours,
TulaneLSU
Posted by td1
Baton Rouge
Member since Oct 2015
3143 posts
Posted on 5/15/20 at 5:26 pm to
If you don’t want the govt to get it, sink some money into some “loss on paper” business you could have some fun running. We did the same sort of thing and had a huge “loss” we got to carry over on our taxes for years. Get a good CPA, ours is a master at legally keeping our money out the govt’s hands. As a plus you have a woman owned business, always good for loans, grants, govt contracts.....
Posted by BLM
ATL
Member since Oct 2011
779 posts
Posted on 5/15/20 at 5:55 pm to
Fear is my biggest motivator. It’s like hating losing more than enjoying winning. Fear of losing our company has been a huge driver of re-investing and staying conservative with cash.

Listen to these folks that are telling you to be conservative with your money. Be bold and decisive in your actions and conservative with your cash.
Posted by Dead Mike
Cell Block 4
Member since Mar 2010
3931 posts
Posted on 5/15/20 at 6:51 pm to
quote:

The house would be part of the business. If we have a larger and nicer house it would likely double her sales.


MLM
Posted by TheOcean
#honeyfriedchicken
Member since Aug 2004
45123 posts
Posted on 5/15/20 at 7:06 pm to
This is the weirdest thread I've seen on the MT

You are definitely doing something that is either not legal or is going to dry up rather quickly.
Posted by Double Oh
Louisiana
Member since Sep 2008
23333 posts
Posted on 5/15/20 at 7:58 pm to
All i can say is if my wife is making 500K-1 million the next year or two im definetely going to find myself another job or help her build her business up. And find a way to help decrease the tax debt that you will be hit with.

So rental condos or houses would be a start for me.
Posted by lsutiger2010
Member since Aug 2008
14790 posts
Posted on 5/15/20 at 8:04 pm to
(no message)
This post was edited on 10/18/21 at 4:44 pm
Posted by LSUlove
Louisiana
Member since Oct 2003
593 posts
Posted on 5/15/20 at 9:25 pm to
You tube channel?
Posted by Spirit of Dunson
Member since Mar 2007
23111 posts
Posted on 5/16/20 at 1:00 am to
Jesus this thread is like a riddle.
Posted by OleWarSkuleAlum
Huntsville, AL
Member since Dec 2013
10293 posts
Posted on 5/16/20 at 7:45 am to
So online sales...


Pampered chef, Rodan and Fields, What is it? Goodluck keeping this up long term.
Posted by saderade
America's City
Member since Jul 2005
26239 posts
Posted on 5/16/20 at 8:08 am to
Personally I would find a job with a better work/life balance but continued health insurance and benefits
Posted by Dupont3
Keithville
Member since Nov 2011
1942 posts
Posted on 5/16/20 at 9:15 am to
I bet it I essential oils
Posted by baldona
Florida
Member since Feb 2016
23326 posts
Posted on 5/16/20 at 10:28 am to
I have a strong feeling that OP is seeing revenue numbers and is not calculating income properly. Likely has much higher expenses and taxes than expected.

I wish him the best. Just don’t spend insane amounts of money until you have a lot in the bank and a proven track record.
Posted by JayDeerTay84
Texas
Member since May 2013
9956 posts
Posted on 5/16/20 at 10:34 am to
I guess if you have a bigger house you have more option for room variety on chaturbate. Like Tuesday can be in the "Mexican room" or something. Solid plan.
Posted by Fat Bastard
2024 NFL pick'em champion
Member since Mar 2009
88976 posts
Posted on 5/16/20 at 10:51 am to
quote:

If we have a larger and nicer house it would likely double her sales.


ok so a bigger fancy porn house. more rooms/more filming to post online for members?



is she doing some type of network marketing? starting atop the pyramid and needs house parties to do presentations?
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