Friday, December 12, 2008
Are you safe?
Approximately 533,000 jobs lost in November alone. Bank of America has announced they will slash 30-35 thousand jobs over the next 3 years. The government is seriously considering seizing your 401 k plans and turning it into a government sponsored retirement account. we would be forced to turn over our 401 K to the government. Our money would earn 3% in interest. American would then be forced by the government to contribute 5% of our yearly income to the new government run retirement plan.
Do you have a plan if the unthinkable happens? It does not have to be as scary as it seems if you are protected. Many people are starting their own Soho business. The reason for its popularity is that a SoHo business can be worked part-time until you achieve financial success levels that match your current job earning. At which point you can decide to go full time or continue to build your SoHo business on your off hours. Once you are able to reach that level though most people will go full time and leave their traditional 9-5 behind.
When you are looking for a SoHo business make sure they have over five years on the market, an understandable business idea, step-by-step training , support from the company as well as support within your group. I can help connect you to a company that offers all of these and more. Fill out the form to the right for more information.
http://homebusiness-wealth.net
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