What You'll Discover In This Episode:
- Financial Independence In Network Marketing Without The Mega Check
- The Secret To Setting Yourself Up For Financial Independence
- The Pathway Towards Financial Independence
Financial Independence In Network Marketing Without The Mega Check
Ok, I wanted to start the new year off by talking about… Fiscal responsibility. And creating financial independence for yourself. (NOTE: This is NOT Financial advice, please seek professional help. I’m simply sharing my opinion on this topic and what’s worked for me.) Back to today’s message… In this training, I’ll share with you how you can become a millionaire even if you’re only part-time in your network marketing business. The truth is you don’t need to be making the big checks to become a millionaire in this business. I know people making big checks, and they’re still broke. How is this possible? Glad you asked. Watch my video on this below, and I’ll share with you all the details.
The Secret To Setting Yourself Up For Financial Independence
It’s kind of funny. Most of the time I talk about fiscal responsibility, it tends to fall on deaf ears. In truth, this is some of the most important information I can share with you. Quick story…I was 19 years old, working at my family’s radio station. There was a guy named Jack Parr who worked there. Jack was around 80 years old, I guess. One day he said something to me I will never forget. He said…“Kid, you don’t want to be like me; save your money.” This changed my life. I did not want to be like Jack, and so when I had the chance, I started saving what little I could. It first started with only $50 per month. And now, over 35 years later, it’s pretty substantial. It’s never too late to start saving and investing. A great book called “The Millionaire Next Door” and I highly recommend it. Now, let’s quickly look at…
The Pathway Towards Financial Independence
Look, you don’t have to have the mega check to create wealth. You simply want to become fiscally responsible. For example, let’s say you invested a min $2,000.00 per month (that’s $24,000 per year). Then let’s say you did this for ten years at 10% interest. That would come out to around $418,000.00 over that time frame. Suppose you did this for twenty years with an average of 10% interest per year. This would come to over 1.5 million dollars. So you’re a millionaire by simply investing $2K per month over twenty years. Now, let’s say you loved your job and did your network marketing business part-time. Your job covered your monthly expenses, and your network marketing income was the extra income you used to invest with. Again, I’m not a financial planner, and this is NOT financial advice. I’m simply sharing a quick example of what can happen when you become fiscally responsible. Make sure you watch my video above because I go into more detail on this.
Listen to the show above and comment below with your questions or comments.