There is barely a week goes by that I don’t see a news story based on the dwindling funds that our elderly have to survive on. So many of these folks are going without so many of the bare necessities just to survive week to week.
When I think of the years these people have dedicated to working and raising families, my heart sinks and I silently bless every one of them. I have special place in my heart for the elderly because I believe many have a lot of experiential wisdom to share with us which is priceless. In other words… they have been there and done that already.
Did you know that 95% of our elderly are broke and in debt?
As an example of our current economic state, let me show you what the statistics are for 100 men starting at the age of 25. Do you have any idea what will happen to those men by the time they are 65?
…one will be rich
…four will be financially independent
…five will still be working
…thirty six will be dead
…fifty-four will be broke
Where will you fall in those statistics?
I want to share the results of a large selection of people who owned their own business and were asked what motivated them to start it. The one thing that became clear and common is that the desire to ‘be my own boss’ is the most common reason selected by these business owners for starting their own business. There was a clear driver amongst these entrepreneurs; to be independent and in charge of their own destiny.
Australians are proud to be leaders when it comes to sporting achievements or new inventions, but the leading position no one wants to hold is that in the race to be the nation with the highest personal debt. Each Australian adult is currently in debt to the value of around US$56,000.
Australians’ mortgage, credit card debt and personal loans total over AU$1.2 trillion, which is an increase of 71 per cent from just five years ago.
The knowledge and understanding of the principles of wealth is available to all who hunger for more out of life than what they have achieved so far.
What about money? Why is it constantly on our minds? Why has financial independence eluded 97% of the world’s population? Why is it that people who live and work in one of the greatest nations on earth, end up living below the poverty level? Why have we not achieved our financial goals?
What is the missing link?
Many of you have experienced that in spite of “doing all the right stuff”; you did NOT achieve financial freedom using the formulas you were taught in school or in any of your professional training.
Has it ever occurred to you that you were NEVER TAUGHT TO BECOME WEALTHY?
What will make you wealthy is the knowledge of how to create wealth regardless of where you are in the system. This starts with implementing your personal plan for wealth.
How do you effectively do that? I’m glad you asked.
Keep in mind that you already possess everything you need to obtain your wealth and abundance. Even if you have failed before and think you have tried everything. You only need to make a few adjustments.
And those adjustments begin with how you think.
In 1999 I found myself sitting at an investment seminar filled with other individuals who all seemed to be asking the same question. “What can I do to make more money and create more wealth?”
The speaker at this particular seminar had just made a very profound statement. He said, “95% of the wealth in the world is held by 5% of the population.” He went on to say, “There is no shortage of abundance in this world. In fact, there is enough wealth in the world for every person to have 10 million dollars.”
My immediate thought was “Wow! How I’d like my piece of that!!” For a family who was constantly making the weekly budget stretch as far as possible, 10 million dollars seemed like a huge goal. However, I am a firm believer in whatever the mind can conceive, it can achieve… and I was very determined!
So I set out to make a plan to earn my millions. I have now spent many, many years researching ways to produce additional streams of income.
Australia is now tenth in the world when it comes to the number people with net worth above $US1 million excluding their home. I’m proud to say I am part of this number and I’m still setting new goals. Ok…enough about me.
What about you?
Did you know around 15 more people became millionaires? How close are you to being a millionaire?
The number of Millionaires in Australia today is about 180,000. Most of these people own their own businesses.
Perhaps being a millionaire is too lofty of a goal for you right now. How much money do YOU really want?
What if the money that you bring home every week was yours to keep? 100% of it! What would you really like to be doing with your life if you didn’t have to work just to pay the bills?
What is it that you are trying to achieve?
More Time with Your Family….
You need to realize that wealth is not achieved over night. It is a step-by-step process.
The Internet will produce more millionaires than any other Industry. There are over 890,000 people every day joining the Internet. Many of them are seeking a way to make extra income!
The home-based business is one of the hottest trends affecting our economy today. Regardless of the reason why you may want your own home-based business, starting one is an extremely important part of becoming financially secure.
In the next post, I’ll give you some tips on how to choose a business that’s right for you.
Until then, make it a fabulous day!