the loopz seems to be a cool concept. Still I'm not sure what problem you are solving:the website doesnt help me to understand anything and only the blog post helped.

btw I'm in a similar situation : 34 with 2 kids + one on the way and I'm almost out of money after investing on my 2nd startup. You shouldn't see this as a desperate situation but as a challenge with an opportunity to focus on what really matters ( in your life and in your company ). Good luck ;)