Discover The Truth About Your Net Worth

In the last email we looked at the reality that far too many people march down the wrong road in life. Sadly, when we continue to do the same things that those before us have always done, we will get the exact same results. Today, let's take a closer look at some interesting facts about your finances.

Get your calculator, or a scratch pad and pencil, and try to figure out how long it would take for you to save $100,000? Or better yet, how long would it take for you to develop a total net worth of $100,000? Did you know that for the average person, at least in America, the answer is 22 whole years after they enter the work force? Think about that. In numbers, that works out to approximately $5000/year, or only $400/month. For most Americans they may be able to achieve that net worth number, but accumulating actual savings is a totally different story.

What is net worth anyway? Simply defined, net worth is the total value of what you own (assets) minus the amount of your total debt (liabilities). For example, if you bought a house for $100,000 with a $20,000 down payment, and still owed $67,000, the net worth of your house alone would be $33,000. Unfortunately, net worth is not real money you can spend any time you want to. Why? Because it's 'non-liquid', which means it's tied up somewhere and you can't just go out and spend it. You would have to sell an asset of some kind to turn it into cash.

Now let's look at the value of your net worth from a different perspective. If you were to start a business of your own and it generated just $500/month in profit by the end of one year, would that be very much money? Don't jump to conclusions too fast. Instead, think about it before you answer. Better yet, we'll ask the question in a different way. How much money must you have in an interest bearing bank account in order to receive $500 a month in actual interest, assuming a rate of 6%? The answer: $100,000.

What does this mean? Well, if you were to start a business and it were to generate $500 a month by the end of the first year that would be the exact same result as having a whopping $100,000 in the bank. Translated, this would be the equivalent of having virtually created a net asset value of $100,000 in 12 months, which normally takes the average American 22 years on the job to accomplish!

Which sounds better to you, one year of work in your own business, or 22 years on the job to essentially accomplish the same thing? And, which result can a person actually spend on a regular basis, the $500 a month cash flow, or the 22 years of accumulated net worth? Sadly, far too many people don't know this reality and how they can create their own net asset value of $100,000 in 12 months. What about you?

Here's the good news. We specialize in showing people how to change their lives to create new net asset value every month. If you would like to learn more, email your name, phone number, and the best time to call and we will show you how. And, don't worry, we'll keep your information private. CLICK HERE to send the email.

To Your Success,

Stephan Bourget

PS: Here's a program that will help you in managing YOUR Finances.

Financial Power Tools - The Power To Manage Your Money

FREEDOM

In the United States of America lies a large industrial city, site of one of the world's largest slave labor camps. Near this center are community settlements where the slaves live. Each morning people move herd like from these quarters into the industrial camp. Each one is at his or her station by 8:30 AM. Here they report to their master for the day's duties. And here they remain chained until 5 PM, when they're released. They have no choice as to how many hours they must labor.

Sometimes they are required to work overtime until their master tells them that they may leave. Each year they're told when to take their vacation, for how long, and when they must return. They have little choice as to how much money they earn; they are allowed very little time for lunch and coffee breaks during the labor hours. They remain in their chains in great fear because their master can punish them with the lay-off whip. It is said that even some slaves that are good and faithful have felt the sting of the whip. Day by day, year by year, they toil until the master decides it's time for them to stop work. He then releases them to the retirement camps where they are forced to sit idle and wait for death. It's a well known fact that the old slaves that tried to work are sometimes whipped with their stop-their-pension whip.

I know these slave camps exist, for I am a free man who lives among the slaves. I'm in business for myself. I'm truly free. I arise in the morning called for by my schedule. I decide my own hours. I can even sleep in late while the slaves are at work. I can vacation when, where, and for how long I please. I am free to take my coffee break and lunch when I decide, and of course I can decide my own pay check because I'm not a slave. I can choose to work when and where I please, and with whom I please. I'm free to stay in the city for as long as I want or to move into greener pastures, if I decide to. I've seen many slaves sadly pack their belongings to leave their city in search of a new master. There is a ray of hope for the slave though. He or she can buy their own freedom. The cost is not high, yet it seems high to those who don't have the courage to pay the price.

What is the price?

ONE MUST BE WILLING TO BE THEIR OWN MASTER!!!!!!

Not sure of author

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Stephan Bourget, Consultant
Do you wanna be an Architect of the Future?
http://www.mynewsuccess.com

Have You Bought Into The Right Dream?

Have you ever been to or seen a magic show? A magician's goal is to distract you long enough so you think what he does is magic. It's called illusion. It's all about perception. The same thing is true in our lives. We see things a certain way because we have been distracted long enough to believe them. We think that is the way it is supposed to be, when in actuality, we're caught up in illusion.

Sadly, most of us have bought into the belief that we must go to school to get an education, graduate, get a good job with a solid company, and work hard for the next 40 years to be successful. Sadly, the end result is that 96 percent of the people in the US reach retirement age dead, or dead broke! Insanity is defined as doing the same thing over and over expecting a different result each time. Something wrong with the "American Dream." Could it be broken or on the wrong track?.

Take a look at many of the foreign families that immigrate to the US. They do so without the ability to speak English. Then, in about 5 to 7 years they are running some sort of successful business - without going to school. They focused on starting a business they could run and operate all by themselves. They seem to find the "American Dream" while most Americans remain disillusioned in a dream world.

What is the difference between these two groups of people?

Why is it that the immigrant seems to succeed while the majority of Americans born in this country struggle?

The answer boils down to beliefs engrained through years of teaching. Most Americans base their dream on a dependent, welfare society where a company or the government will take care of them. They also mismanage paycheck earnings and have little left over to make a difference in their lives.

Where do you find yourself today? Are you stuck in the 96 percentile like most of your neighbors? Or, do you have a plan?

Would you like to make a change for the better? We are here to help you. We specialize in training people how to add to their current cash flow situation. If you would like to know more, just email us your name, phone number, and the best time to call. CLICK HERE to send the email.

To Your Success,

Stephan Bourget

PS: Here's a book that will help you in building YOUR Dreams.

Who Stole The American Dream - The Book Your Boss Does NOT Want You To Read