| The Financial Facts of Life |
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If you have a job or are on a fixed income, these facts should
concern you. Nobody believes that they will have to retire on a
poverty level income, but most of us do. Ask yourself, if you
continue to work at your present job and don’t get laid off, in
five years will your financial situation be any better than it
is now? Will you be able to save enough money to live your
dreams while you are still young and healthy? |
- By age 65 only 2% of the population
is financially independent, 23% are still working, and 75%
retire on a near poverty level income, dependent on
relatives, social security or a small pension.
- 90% of all Americans are living
from pay check to pay check.
- The average 50 year old person has
only $2,300 in savings (about a one day stay in a hospital).
- 80% of the personal bankruptcies in
the U.S. could have been avoided if household income could
have been increased by just $280 per month.
- 93% of the men at age 65 who have
failed financially said it was because of a lack of a
definite plan.
- 80% of all people making over
$50,000 per year own their own business.
- Tax laws are designed to provide
benefits to business owners, not employees.
- Over 80% of America’s work force
beyond the age of 35 realize that their present job will not
lead them to financial independence.
- Over 3.8 million corporate
executives, administrators and managers lost their jobs in
the 1980’s. 2,650 people are losing their jobs each day in
the 1990’s. There is no longer any security in working for
someone else.
- People want out of the “Rat Race”.
The franchise industry is booming even though most who
become franchisees have to risk everything they have
including their home equity, savings, etc.
- Network marketing is a $15 billion
dollar a year industry. It is a global phenomenon.
- Many Fortune 500 companies now
offer products through network marketing because it is
considered “the wave of the future”.
- Billionaire John Paul Getty
said there are three things that are necessary to accumulate
financial wealth:
a. Own your own business
b. Offer a product or service needed by others.
c. Have a system that allows you to duplicate yourself
through others. He said,
“I would rather earn 1% of 100
people’s efforts than 100% of my own efforts.”
- People want to take control
of their financial destinies and are searching for the right
vehicle to achieve financial independence.
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Don’t let yourself become
a sad statistic.
Take
control of your financial future today! |
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