2012 Success Plan Question #27
How much are you committed to SAVING in your direct sales business in 2012?
Financial Guru, David Bach, says with a home based business you can easily make $300, $500 or $1000 extra income every month.
He says if you saved $300 a month, that is $10 a day. The price of a Latte & a muffin. He calls it the "Latte Factor." Over the year if you paid yourself $300 a month from your direct sales business and SAVED IT, you’d have an extra $3600. David says if you did this for 10 years and invested this money at an annual rate of 10%, it would grow to $61,453. If you kept saving it for another 5 years – it would more than double!!
Think about it saving $300 every month from your DIRECT SALES BUSINESS. How easy is that?
One of my coaching clients shared her SAVINGS story. She decided to use her leadership commission income for her family budget. She then decided to SAVE all her profits from her personal parties every month. At the end of one year, her husband said he needed a new truck. She told him she’d help him with that and wrote a check from her party savings for the cost of the new truck! Her husband was speechless! Needless to say, her husband is her biggest supporter in helping her run her direct sales business.
SAVING $300 a month, EVERY month is a choice. You can save it for your dream house, your retirement, your child or grandchild’s education fund. You can use it to get out of debt or you can make it your round the world travel project.
How much would you like to SAVE every month? Commit to an amount in 2012 and have it automatically deducted from your business account to your savings account.
Make a commitment today and declare it in the comments section below.
Want more ideas on saving money in your Direct Sales business? Be sure to sign up for "Mymentorbiz Bulletin" FREE bi-monthly newsletter by downloading "7 Ways to Maximize your Income in Direct Sales" at www.mymentorbiz.com
