What do you think would be a good place to do some paid advertising? like how much traffic could $50 get me??

It dependes on alot of things

What type of paid advertising are you looking to do and where?

I have known MANY who got sucked into paid ads, thinking they are better than free ads. The problem with this concept is that it does not change the attitude of the person viewing the ad. At least 90% of people are sales resistant. Which means that typically you are still advertising to the same crowd, just spending money to do it.

I have also seen many, MANY people get sucked from 'free ads' to paid cheap targeted ads, and then when those ads don't generate sales, you get stepped up to more expensive paid ads. I have mentored people who have gone from $5k in debt to $25k in debt and the results were still the same. ZERO sales. I have the same regard for those who charge for supposed targeted traffic ads as those who sell leads. ZERO.