I'm in my late 20s and looking to build a second income with my 9 to 5 - through ecom.
I'm just trying to validate an idea.
Would you buy a car air freshener if it had cool/custom designs and actually smelled good and lasted?
If yes:
What price would you be comfortable paying?
What kind of designs would catch your eye?
Appreciate any honest feedback!
I am in my late twenties. Married have a kid. I spent alot of money on my wedding stuff. Did home renovation. Spent on things like AC, fridge, microwave oven & basic household furniture. Didn't take any dowry etc
All this seems manageable at that time but I didn't consider any emergency funds.
Life hit me, had a medical emergency at home, lost my job and stayed jobless for fee months, had a child during this period as well.
Long story short I did all of my expenses myself as my parents are not very financially strong.
I did it all using credit cards, taking small loans from friends and kametis.
Long story short - right now after years I have 1.6M PKR credit cards all full. I am paying 70k per month in interests or service fee.
Other than that I have 5 lakh of loans.
30k is going to kameti on monthly basis.
20k is going to a friend (setting was that I will give him 20k in profits until I return his 200k altogeather)
I earn 200k out of which 120-130k is going towards credit card, kametis , loan.
In rest 60-70k I have to take care of my parents, bills , grocery, petrol and unavoidable extras.
I dont know how to get out of this viscious cycle. I am 28 and I feel like I already failed. I cant do anything else, cant take risks, cant switch job nor I can try anything because I cant survive a single month without money as I have to pay all this.
Just want to rant about my stressful situation here as I dont have anyone to share this with.