gutshotdraw said:
Flying airplanes may be a fun way to make a living, but aviation is a STUPID business.
I say, and if it ain't fun any more, it's time to get out or move to a place that is.
I also offer some additional advice. Make some money on the side somehow. I do vending and arcade machines. Candy (M&M, Reeses, Skittles, quality stuff), japanese capsule toys (higher quality with Disney and Marvel licenses etc, not the crap you see everywhere), and games that are older but classic like Galaga, Neo Geo (has a LOT of good cheap games for it), etc.
Most of my machines make average net $10 per month. Some machines I got in for less than $200. That may not sound like much, but consider the return on investment. I bought 10 4 head candy machines that needed parts and cleaning (cann'd parts from the other machines) for $300. $25 in candy per machine and you're in business. Visit a site once a month or so. Try to have more than one machine in a spot or multiple 'heads' like a 4 head machine. Space them close together. A lot of my machines are within 5-6 miles of each other.
I'd say at this point it's a couple hundred bucks a month extra income, but it's easy, fun (my kids love to play with the toys and machines) and you can get started cheap.
I'd look for used machines that need a little work or a small lot of them from a vendor who is getting new stuff, etc., but you can of course get new ones at Sam's and the like. Don't do video unless you have some technical skills to work on them. Some monitor types I can totally refurbish for maybe $60 in parts, for example.
I also like 'junk' bond closed end income funds like DHF, HYB, HIS, and PHK. Paying 9-10%. I've owned a chunk of those for about 4-5 years, and enjoyed the dividend every month. Currently I own $5600 worth and get about $48 a month from it. Great ROI, but just don't put your life savings in it.
ING Direct is paying around 3.35% on savings.
Be a raging incrementalist. Start with a little, finish with a lot.