Greg Billings

If a recent report on the status of United States retirement security isn’t sobering, nothing is!

The Government Accountability Office, the nation’s top “auditor”, says that “ . . . the American retirement system — Social Security, workplace retirement plans and individual savings — will not provide adequate retirement security for a growing number of people . . .”

>> GAO report says American retirement system not providing adequate security << 

The risks to retirement security are not in just one area. It’s Social Security funding, underfunded programs to guarantee private sector retirement security, and a shift to plans that put more of the financial burden on the employees.

So, what can you about it?

If you are 40 years old, and realize you haven’t been investing (saving) regularly, it’s not too late.

Investing $800 a month for 25 years will allow you to retire with $1 million dollars in your investment account.

So, how do you squeeze out $800 per month from your household budget for your retirement security investing?

It might just be time to start a side, passive income business.

Think of it as your retirement account . . . because when you get to your “golden years” you want that additional income stream.

You can get some “by the facts” help in evaluating a home business by clicking here:

>> Working Smarter << 

Is it time to take hold of your financial security?

What do rich people do that poor people don’t?

Six attributes were highlighted in this article . . .

>> What Rich People Do That Poor People Don’t<<

One of these attributes are that rich people are resourceful.

They don’t make excuses.

“Rich people don’t make excuses. Rich people are relentlessly resourceful, they always figure out a way to succeed and make more money, regardless of their circumstances. When rich people are dealt a bad hand, they don’t blame the dealer, they shut the hell up and still figure out a way to win.”

People can be dealt a bad hand  . . . no doubt about it.

The key?  Do they swallow their bad hand . . . or do they figure out a way to win?

Rich people surround themselves with positive energy and positive people.  There is nothing more destructive to a person’s mindset than to hang with “Debbie Downers”.

Rich people recognize that they are the average of the five people they surround themselves with, so they surround themselves with a rich, successful and powerful bunch.

The wrong person for somebody to turn to for advice and inspiration is the twice bankrupt, beer drinking, couch potato brother-in-law who opines, “that just won’t work”!

Finally, rich people learn from other people’s mistakes. I routinely purchase training courses to build my network marketing business.

Folks putting together these courses have already walked the trail and made the mistakes.

Who better to teach me how to expand and improve my business than somebody who has been there already?

But, the most important piece of advice may well be the last. While this article centers around “rich” as defined by wealth, I have been associated with “rich” people who were rich in attitude, not finances.

“What rich people do that poor people don’t — they realize they are rich before they ever make any money at all, then they work every damn day to create a reality that matches the wealth in their mind.”

I’ve been as guilty as the next person wanting to know each and every detail of my network marketing company’s compensation plan.

However, Tom ‘Big Al’ Schreiter had it just right.  Here’s how he discusses a company’s compensation plan:

Compensation plans work like this:

If you have a lot of people using your products and services, you will earn a lot of money.

If you have fewer people using your products and services, you will earn less money.

That’s it.

Companies can only pay out a portion of sales in a compensation plan, so they have to pay it out to the people who produce the results.

That’s the big picture.

The people who micro-manage little percentages in a compensation plan are the people who have lots of time, because they don’t have a downline! 🙂