Stuck in $30,000 debt at 31… what should I do?

I’ve tried almost everything. I used to have a good Amazon store, but sales went down for various reasons. I’ve tried Shopify stores, selling on other marketplaces like ETSY, and even trading. I’ve also tried freelancing on sites like Freelancer, and selling artwork on Zazzle and Redbubble.

I originally took out debt to start my Amazon store, and now that debt has grown every year. I’m in a serious debt trap now. I’m struggling to even pay my bills.

I need to find a way to make at least $100 a day. Please, any advice would help.

You really need to get a regular job.

People like this avoid getting a job at all costs. You’re $30k in debt and it’s growing. Maybe it’s time to admit the business didn’t work. It’s time to stop piling up more debt and making excuses. Get a job and take control.

Do you have a real job or are these just side gigs?

Last time I had a job was back in 2016. I started my Amazon store in 2017 and made decent money. But after COVID, things went downhill. This wasn’t a side gig, I was all in. When the debt started rising, I tried other marketplaces and side hustles, but none of it worked.

It’s tough to do drop shipping these days. A regular W2 job might be easier to land if you have a solid work ethic.

Sounds like you were always in debt with that Amazon store. Time to face reality and get a job at a place like Walmart, Target, or even fast food.

In the first year, I made $75,000. My mistake was thinking I’d earn that much every year and live off it, but things changed, especially after COVID.

Was that revenue or profit? And why take more loans?

That was profit. I didn’t fully clear my loans and started spending on my lifestyle, assuming the money would keep coming in. Then COVID hit and it all went downhill. I reinvested in different marketplaces and niches, which only added more debt. Last year, I tried side gigs like Zazzle and Freelancer, but nothing has worked. I’ve never missed a payment yet, but next month, I probably will.

Get a job, even if it’s temporary. $30k isn’t impossible to pay off with consistent income.

Do you have a full-time job, or are these all side gigs?

I haven’t had a full-time job since 2016. I started my Amazon store in 2017, and it was my main source of income. After COVID, I began trying side gigs, but things didn’t go well. Now I’m in a lot of debt.

You should have gotten a full-time job when things started going bad. It would’ve saved you from this big debt. Get a regular job and come back for advice once you have some steady income.

You’re right. I thought reinvesting would pay off, but it didn’t. I haven’t missed a loan or credit card payment yet, but next month might be the first time. I’m already looking for a full-time job now.

Good luck with the job search!

Just get a job, any job. Keep doing the side gigs too.

Here are some links to job sites:

https://www.indeed.com/m/

Construction work might be an option.

Or maybe ask family for some help in the meantime.