Tuesday, May 20, 2008

Economic Stimulus

This is the story of three women that received their economic stimulus check.

The first woman deposited her check in a savings account at her local bank earning 1.5% APY. Because inflation averages 3% per year, she is actually ends up losing money. NO STIMULUS

The second woman paid down a credit card which in turn lowered her monthly payment giving her $30 extra per month to buy gas for her car. This is good for a while until the holidays come and she uses that credit card which puts her right back where she started. NO STIMULUS

The third woman invested in a home based business. She researched products and companies until she found one with which she was comfortable and found a current, active representative that could mentor her in her new venture. She started her new business and doubled her money in a few weeks. She invited friends to join her in her new venture because she can only be in one place at a time and needs help. Because her friends are also marketing this business she starts to receive commission checks from her supplier. These checks continue to grow as she invites more women to join her and those women invite their friends to come along.
Through the power of duplication (plus time and effort) she has taken a few hundred dollar investment into a multi-million dollar business that has changed her economy for life!

Now THAT is economic stimulus!

4 comments:

Pier Angeli said...

That is so right. My cuz sent me a stupid email about if we spend it on certain things we give it to Japan or if we spend on that we give it to China and the only thing we have in the US is drugs and boose. I got angry(no I didn't sin) and sent her back an alternative like this. Not only would we help ourselves and those who join the business, but think of the people we could hire since there is a segment who could never see themselves in business. I think it's a beautiful thing if we can get people to see it.

Pier Horton

mybizzyworld said...

how about investing also! I love suze orman, and I'll bet you that is what she suggests! woohoo, and I have her new ebook, I will have to read! let's blog roll....gotta clean!


Carole

CailinMarie said...

so right!

now if we could just move already so I could get it back up and running...

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