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I’ve been doing a bit of research on the lifestyles of the average North American and the statistics are pretty interesting and sad as well. However, the good news is there can be a solution, for those people who are looking for it. How do you fare compared to the average North American?
Did you know that the average North American spends $108 for every $100 brought home? According to an article I read at MSN Money:
About 43% of American families spend more than they earn each year.
Average households carry some $8,000 in credit card debt.
Personal bankruptcies have doubled in the past decade.
The US Census Bureau publishes staggering figures of homeowners defaulting on their mortgage payments, forty seven million Americans have no health insurance and eighteen thousand die each year because they can’t afford medical care.
An article on the CBC Market Place web site concludes that Canadians face the same problems.
As never before, Canada is a nation in debt. In fact, we’ve reached the point where the average Canadian family owes more than it earns.
The US Census Bureau reports that it costs the average family between $130,000 and $300,000 to raise a child. And that’s before college fees, weddings, bar mitzvahs, etc.
A study conducted by Strategic Guidance Consulting found that Baby Boomers don’t plan on adjusting their lifestyles or spending habits in retirement. The reality is most are not prepared. With retirement looming ahead, too many retirees are depending on social security in the US or in Canada old age security and Canada pension for most of their income.
“Ninety-seven point five (97.5) percent of Americans reach age 65, a normal retirement age, and they don’t have the resources to retire.” Family News In Focus
In a 2005 Ipsos-Reid survey, 87% of retirees said they wanted to redefine the word “retirement.” They no longer view it as a fixed point in time, but as a lifestyle that creates a balance between periods of leisure, family and friends, volunteering, education, and even work. Over 50% of Canadians plan to work in retirement and over 75% of Americans according to a Merrill Lynch study. Over 50% of those that wish to continue working want to do something different, reinvent their lives, follow their dreams and passions they were never able to pursue before.
There are options, one of them being the $30 billion a year direct selling industry. Did you know that direct selling has grown steadily for the past 20 years? In fact it’s nearly doubled in the past 10. It’s part of the home-based business boom. Today, 1 out of 8 businesses operate out of someone’s home. That means no more hectic commute and no more boss. You get to work with who you want, where you want and when you want. That spells FREEDOM for many people.
The real beauty of starting a direct sales business is that no prior business know-how is needed. All the tools, systems and training you need to be up and profitable in little time is readily at hand. It’s a low risk - high reward business or career opportunity. What a contrast to most businesses or franchises that require tens of thousands of dollars in start-up capital with no guarantee of success. What other business can you get into for a few hundred dollars that offers unlimited potential?
- could use some help in paying for health care, debt and mortgage?
- could use extra income to put towards an education plan or help with those rising costs of raising children?
- is preparing for retirement and looking for extra income?
- wants an opportunity to reinvent their lives, follow their dreams and passions?
If you or someone you know, is interested in improving or changing your lifestyle, here is an invitation to discover what a direct selling business with Watkins can offer.
While it is true, that direct selling requires no specialized education or business background. There are no barriers to getting in and no glass ceilings keeping someone from earning their full potential. However, it’s not a get rich business and not just anyone can do it. They must be prepared to put time and effort into it and it is also important to choose a great sponsor or upline.
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3 responses so far ↓
1
Alyssa (Check me out!)
// Sep 27, 2007 at 10:53 am
I don’t have quite that much credit card debt. Praise GOD! No car debt, just some medical bills and my house. I”ll be debt free soon I hope.
2
Melody (Check me out!)
// Sep 27, 2007 at 11:49 am
That’s great Alyssa, it feels wonderful to be debt free. I know you are following your passion like I am, with your own business.
3 More Jack’s Business » Are You An Average North American? // Nov 21, 2007 at 9:47 am
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