Shrinking dollar is making victims out of elderly
Maybe it’s me. Maybe I’m the crazy one – I ‘m ok with that. So be it. I’d rather be a little crazy than be a victim.
I keep running into people who are struggling, trying to make ends meet. All they talk about is the price of gas (as though that will make it go down). Now people are starting to look at the rising food prices. One woman in the supermarket recently commented to me, “I can’t afford to buy two muffins for $4.00″
She was pretty old and I really felt for her situation. Unfortunately, she’s part of a very large group of people in the US who believed the government when it said “Don’t worry, Social Security will take care of you.” I’m saying, “Worry! Better yet, do something about it because SS is not cutting it.”
Retired people in the US and elsewhere are finding out just what a pile of crap they’ve been fed by the establishment. They’re trying to get by on a fixed income while prices are skyrocketing all around them.
I only know of one solution – don’t be on a fixed income or, if you are, make sure it’s well above what you’ll need.
I can’t help buy think of my grandfather. He was a Deputy Inspector in the New York City Police Department. As a mater of fact, he was the youngest Lieutenant in the history of the department back then.
I didn’t understand, until years later, why he didn’t leave much to his children when he died. It was because, even though he was very well paid at his level in the NYPD, he lived so many years after retirement that the pension he had dwindled away until, at the time of his death, it was just enough to scrape by on.
As I said, maybe I’m strange but I find it quite sad and, somehow wrong that, as people age, their lifestyle diminishes. It should be the other way around.
And it can be the other way around if, and this is a big if, you commit now to creating multiple channels of income. Imagine if you added just one additional channel of income each year for five years. You’d have 5 different channels of income, bringing you additional money each month.
What could you do, right now, to start an additional channel of income to buffer you and your family?
If you’re stuck for ideas, read my new book or order the home study audio program.
Whatever you do, please do something.
If I run into you in the supermarket, I want to see you buying whatever you want:-)
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