Education is the key to unlock the golden door of freedom.
– George Washington Carver
It was a morning unlike any morning I’ve ever experienced. As I sat, quite comfortably I might add, on the couch, sipping on my freshly made tea, I realized that the house was dead silent. Surely Ben was due to awaken from his slumber any moment and demand breakfast, I thought; however, that moment didn’t come for another hour and a half. My wife, my newborn son and even the cat were all upstairs, sound asleep!
The problem? I didn’t know what to do with this spare time! Surely I should do something useful! After all, I was experiencing something equivalent to finding a majestic unicorn! So what did I do? Nothing exciting, I checked my e-mails from the day before. What a waste eh!
While scouring through my e-mails, I spent a lot of time reflecting on an e-mail I received from Darren Hardy, publisher of Success Magazine, who provides daily mentoring through his series Darren Daily. In the e-mail, he states that “graduates are expected to earn less in the next 10-15 years than they did the past 20” and that “Statistically, they are leaving school with more debt and are less equipped for the modern marketplace than at anytime in history.”
To me, that was like a sucker punch to the gut! It was also a wake-up call. Anyone who has studied (or is currently studying) at a post-secondary institution can attest to the following fact: Tuition costs are on the rise. Some analysts believe that, in the next 20 years, tuition costs may be close to double what they are today. A quick peek at current rates: The University of New Brunswick’s undergraduate programs currently cost approximately $7000/year.
As a father to two young boys, this is what it means: $56,000 ($7,000 a year x 2 x 4 years) is what I should realistically be planning, per boy, for my children to attend a post-secondary institution. That’s no room, no board, no food; tuition only. That’s a pretty steep mountain to climb.
Just like me, I know all you parents out there want the best for your children. We want to see them grow up and be successful in everything they do in life. What we don’t want is to spend years approaching the day when our children graduate and realize afterwards: my children are being buried by debt.
So, what’s a parent to do? I suppose you could start by cutting costs and some extreme budgeting and tucking that money away. I, however, have a better suggestion. Why not generate some EXTRA money, enjoy the lifestyle you have AND make headway into saving for your children’s education? Tell me more!
You got it! What you need is to start harnessing the power of the compound effect. Darren defines the effect by a simple formula: Small, Smart choices + Consistency + Time = RADICAL DIFFERENCE. Everyone’s probably heard of this example: If you were to choose between getting $3 million dollars today or getting a penny that doubles in value every day for 31 days, which should you choose? The answer: the penny, because at the end of the 31 days, that penny would have transformed into $10,737,418.24 on that 31st day.
Unfortunately, that magic penny probably won’t find its way into our pocket; however, you can still use the effect to your benefit! For example, say you have $100 extra dollars each month. That might not sound like much to you now; however, if your child is 2 like mine, investing that $100 consistently every month until he goes attends a post-secondary institution (16 years), you could have created a school fund of $38,179 by then in an RESP (based on a 5% rate of return using the BMO RESP calculator). It may not cover ALL the costs, but it’s a darn good chunk!
“That’s great and all but I just don’t have $100 a month to put away right now” you might be saying to yourself.
What if I told you that I can help you generate that $100? What if I told you that you could do it from the comfort of your own home? It’s possible! How do I know it’s possible? My wife does it. In fact, she’s currently bringing in more than the $100 a month I just talked about. Guess what? Business is only getting better! Kim has been working with the fantastic people at Project Dream International and Shaklee, leveraging multi-level marketing to bring an additional income into our home while being a stay at home mother of two!
What Kim and I would love for you to do is to join us and take full advantage, now, and harness the benefits of this compound effect for yourself. We would love to help you bring in that $100 a month, if that’s your goal. If your goal is more than that, aim for the stars my friends, Kim and I are! There’s no ceiling on how much you can achieve with this business! You get to set your goals and you can to determine how much time you want to put into it! What I can promise you is that Kim and I will do whatever we can to help you attain them.
The best part is, by joining Kim’s team, you get more than just Kim and I’s support. The Project Dream International team is amazing. They are a group of successful individuals who are really making this business work for them. They are also dedicated to helping others succeed. Why? It is because Shaklee is about changing lives. Sure, you get compensated for your work; but, you also get to see the products you share with people change their lives. Check this post from my wife where she talks about how the products changed her life.
“But I’m so busy with everything, I just don’t have the time” you might say.
You may not feel like you have the time though, I understand that! Although yours days may not be filled with hours upon hours of free time, you only need a little time each day to start the wave that will change your life. Remember, time is only one aspect of the compound effect; Consistency is the other. If you make, even 10 minutes a day, to share your business with someone, that would mean, over the next 16 years, you would have worked on your business for 58,400 minutes, or 973.3 hours, or 40.55 days. The best part is that by saying consistent, eventually, your business, the products and others will start doing the talking for you!
Sharing is caring and what’s the easiest way to share? In today’s world, it’s facebook! If you have time to read Facebook, you have time to share your business and make some mullah! So you don’t know everything there is to know about the business, or the products, but you don’t have to! We can get you all set up, including providing you with the posts you share with people to generate some interest and some business! That’s not the best part though! By sharing your business with others, we can also help you help others (your friends, your family, their friends, their families) grow their own business!
A choice you make today could totally change the outcome of your life, your children’s lives and the lives of everyone around you. Let’s work together today to forge a better tomorrow, if not for yourself, then for the people you love.
Feel free to get in contact with us at any time to discuss, we’d love to hear from you!
What would you do with your $100 extra dollars a month? Let us know in the comments below!
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