10 Year Retirement Plan

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What brought me here?

I am less than a week away from my 40th birthday...one of those "milestone" birthdays that make you sit back and reflect on where you are in life and where you'd like to be. You also think about where you thought you would be at this point in life. In my life review,I realized that I have not yet reached my full potential and certainly none of my financial goals. I owe back taxes, student loans and my credit sucks! So, I decided it was time to do something about it.

Another MLM Company

I am an Independent Distributor of health and wellness products for a MLM company. I have been a distributor for about 13 months now and I have spent more money than I have made. When everyone told me the company was a scam and a typical pyramid scheme and I wouldn't make any money from it, I staunchly defended my decision to become a distributor. Why? Because I sincerely believe in the company's products. I believe they work. What I didn't realize was that people don't just buy products because they know you and you say they work, especially when they have other friends screaming SCAM in their ears. Besides that, I'm not a salesperson. I'm just a gal that wanted to see people get fit and lose some weight. I convinced myself I wasn't totally in it for the money...and I really wasn't. Had I just broke even I would have been okay. However, being required to spend at least $100 a month on products before even becoming "commission qualified", then only bringing in $40 a month on a good month was for the birds. My upline would call that "business overhead" or "the cost of doing business." I call it "paying my upline's commission."

Now, just to keep it honest here, I am still with the company. However, I no longer make my minimum monthly purchase. I pay what's required to keep the company owned website running, but that's about it. I hope to be able to somehow use WA to grow that business in the future. Or maybe I'll get the balls to admit defeat and move on. Who knows?

By the way, my current MLM company is not my first. I fell into another MLM company related to travel. That was about 6 years ago. It seemed like a great opportunity to make money. Unfortunately, the rates they offered (for the travel) were not competitive at all, something I failed to research prior to signing up. A failed venture. Another one of those opportunities that tend to only make money for the people who jump in within in the first 3 months.

Road to Financial Literacy

Last week I finally read (well, listened to) a book I had been talking about reading for a while now: Rich Dad Poor Dad by Robert T. Kiyosaki. I decided it was time to change my thinking about money and that was my starting point. Next (and currently) I am listening to Think and Grow Rich by Napoleon Hill. I need the millionaire mindset. If I am to make money, I need to understand money - how to make it, how to save it, and it's power to make more money for me.

My next and concurrent step was to find information about wealth and ways to make it in my spare time until I can afford to work it full time. That's how I found WA. I'm not quite sure how I found the site/blog entry that led me here, but what I've found in the past 2 days is that the information, resources, and training provided here are totally in line with several things stressed in the two books noted above. And so, I feel like divine intervention has placed this opportunity in my lap and I plan to cuddle it, cradle it, and protect it like a baby while growing it into all it can be!

10 year Retirement Plan

I decided one week ago today to retire from my day job in 10 years. I don't have a clear plan to do so except to keep myself money minded and focused on my goal. I believe the "how" will present itself, I must only be ready to take advantage when opportunity walks by my door, whether it knocks or not. My spare time, what little I have, is now spent researching ways to achieve my goal. I believe WA will play a HUGE role in my success. Glad to be here. I'll be going Premium tomorrow and can't wait to experience all that is offered here.

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Recent Comments

6

Great post!
Add to your inspirational books - "Magic of Thinking Big" by David J. Schwartz. it will set your mindset to the higher level.

Success be upon you! Enjoy the journey. HBD!

Thanks! I'll have to check it out.

And have a wonderful 40th!!!!

Thanks! I plan to!

YReynolds, Great blog, welcome to WA and going Premium! Best of luck in achieving your goals!!!

Thank you!! I appreciate it!

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Login
Create Your Free Wealthy Affiliate Account Today!
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4-Steps to Success Class
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One Profit Ready Website
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Market Research & Analysis Tools
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Core “Business Start Up” Training