Does the guy driving the Beemer have you wondering what you are doing wrong? Have you ever felt that he is no better than you? That you are just as capable as him or more so? That you deserve all the good things in life just as much as he does? You know you do, you just need the right vehicle to get you into that Beemer. Your current job or business is just not cutting it. It is not all you had hoped it would be and not making the program. It is not your fault, you just may be in the wrong vehicle. Maybe you just want to make ends meet. Get some money into savings for your retirement.
Sure you could cut back, limit your liability, quit going out, buy the cheaper cuts of meat, eat more rice and beans, (not a bad health idea), get a second job, buy a used car omitting car payments and costly auto insurance. There are a ton of things you can do to reduce your monthly expenses. Even with all those cuts are you going to be able to put enough money away to have a comfortable retirement? Are they fun? Not really. After working 40 - 50 years to have to retire on next to nothing is more than heartbreaking. Most people want life abundantly. They want it all. Why do people play the lottery? They want it all, now. A lot of people wish they could win the lottery. Sure a few win, will you?
I'm sure you have been told by more than one person to pay yourself first, and then pay the rest. How can you do that when you don't even have enough to pay the rest each month? OK. You are doing well if you are able to put money away each month. Bravo. You are one of the few. However, will it be enough to live on at retirement? I don't know. Say all goes well in the markets you've invested in, will it be enough? Are you going to be OK if your investments turn negative? What then?
I'm sure you are well aware of the fact that most corporations diversify. Even K-Mart bought Sears and remain operating under the two names. They have more than one or two investments. That seems to be the best bet these days. Don't go quitting your job. It pays some bills, buys some food. Better yet, try an internet business to supplement your income. Become good at it. Reinvest your internet profits back into your own business. Then, when you are comfortable with it and your income from this new internet business is exceeding your regular paycheck, then you may wish to leave your regular job. But don't go quitting your job until you can replace your current income.
I personally started a business when I became unemployed myself. I used credit cards to fund it. Not everyone is comfortable doing that, however. It didn't take long, about a month, before it started developing a nice income. I reinvested my profits back into my own business and before long, I became self-sufficient. You can too, with the right coaching and system. You must first take that initial step and look in to it. There are many internet businesses to get involved in. Just find one that you are comfortable with. One that fits you.
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Assistance For Katrina Victims The IRS, however, should be commended for taking immediate action to grant tax relief instead of staggering around like a drunken sailor as we observed with FEMA