Financial Resilience gives us the time and the money to live our dreams.
For most of us, financial Resilience can be achieved in only two ways:
1. We can save and invest. If we know what we are doing and watch our investments carefully, over a life time we can create a retirement income.
2. We can create a business that will produce the income we need to retire.
How much money do you need to retire comfortably and be able to do what you want? $60,000 a year? Probably more when you factor in inflation. A million dollars, invested at 5% APR, will provide you a passive income of $5,000 per month. It is possible for some of us, but you have to have discretionary income to be able to invest.
How can the average person achieve their dreams? A job or two is not the answer. In todays economy, you have to be well educated to get a decent job and even young people with Masters Degrees are struggling to find work in their chosen fields.
I believe most of us can only achieve true financial resilience by creating a business of our own. That business must be based on multiple streams of income. Depending on one big government contract is an invitation to disaster.
I look for business opportunities that anyone can afford and ways to leverage the internet so I can work from anywhere I have a phone and internet access. I look for business models that will create residual income, and I want to be able to train people to do what I do with minimum effort.
Find a good business opportunity is difficult. You need a sponsor you can trust can teach you to succeed. They are hard to find and are lots of charlatans who want your money. When you find the right combination of sponsor and business, work consistently a few hours a week and never give up.
When is I choose a business to work with, I look for an established company with reasonably priced products. I like and a business model that enables me to build while working part time. Most people have to keep their jobs while they build their business, so being able to work their business part time is essential.
What I do must be duplicable. Others have to be able to do what I do, because when we work together to achieve our mutual goal we can create miracles.
Checkout the companies I recommend below:
For those who want to learn how to use the Internet to create a business of their own or just share their message with the world, their is no better training than is available at Wealthy Affiliates.
The first lesson is free. When I completed it I had my first website up and knew how to promote it. I became a Premium Member so I could access all the training. I’m a member for life because Internet Marketing is constantly evolving and with Wealthy Affiliates I can I can stay up to date and interact with over a million members.
I have wonderful mentors and when you have a problem everyone jumps in to help.
Send Out Cards
In today’s mobile society, people find it is hard to stay in touch with their friends. When we fail to nurture our relationships friends and customers fade away.
How do you stay top of mind with your friends and clients?
Of course, spending time with them is number one. But when your friends are scattered all over the world that is physically impossible.
People have sent letters and notes to their friends for 100s of years. Now we seldom hear from our friends except perhaps at Christmas. We just let our friends drop away.
“I don’t have time to write everyone” you say. You can use a modern service that lets you write your card and they print it and post it for you.
Check it out. Send a free card to a friend.