Kookie Times | Plan For Your Future

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Diversified Income Experiment | Passive Income

Business


Income is definitely affected by what’s going on in our economy right now and many businesses in our own community are closing up shop. They shut down because it just wasn’t making any money. We applied here for a PPP loan and that has helped, but there was only enough money to pay for a couple months of down time. Things with the virus are picking up again, so it’s looking like the economy might have to shut down again. In terms of our auto parts business, everyone kind of took a hiatus, so they stopped doing everything and stopped doing projects. The kind of businesses that are thriving now are the RV and boat suppliers because of all the people who are doing these safer vacations as opposed to traveling abroad. Our Amazon business has been affected by Covid quite a bit. We were getting 100 sales at the beginning of the economic shut down, but now we’re only getting about 1 per week. Right now you can buy property with cheap interest rates. It might be a good opportunity to buy a house. Owning your own business may be smart right now, depending on the type of business you start or acquire. Our Amazon business 7:07Ajnaliving.com - cheap furniture 7:58Quiet Light Brokerage 9:46“When you’re out of money and you have a family, you get desperate. And times will get ugly. All we needed was one little spark to flash this idea. That happened in the George Floyd incident which of course is just horrific. And so are lots of other things that are horrific. That sparked this fire that is now burning--people were on edge of rioting and looting anyway over the fact that they’re out of money… this tinder box was ready to burn.” 3:03Reach Out To Keith, Get Help and Resources: https://dincpie.com/