Thursday, July 31, 2008

What Is A Million Dollars?

Welcome to The Wake Up Profits Blog!

Like so many of us who set out to make our fortune, but are delayed in attaining it because of things like life going on, here is the end all destination where I and others will share what has worked for us in our quest for prosperity। What is a million dollars, but one dollar earned one million times, or one thousand dollars earned one thousand times, whichever one is easier for you to wrap your head around it.

A fact that many of us fail to realize is that over a span of 40 or so years of working, averaging $25,000 a year, we all have earned a million dollars. The challenge for most of us is how much of that million have we managed to save, invest and appreciate, so that when we are ready to stop working, hopefully by whatever age we chose to retire, there is enough there to have a comfortable retirement. It would be easy if we are clueless about this one essential fact, but it is doable if we take the time to learn what most of the wealthy have know all alone. You either have to earn more from your personal efforts, from your leverage efforts with others or get pretty darn lucky and win the lottery or inherit it, otherwise, welcome to the reality that your money is going to have to work as hard or harder than you do. Believe me, you won't be alone in trying to live smart and invest smart, so that you can wake up profits beyond your daily needs. here is a good place to start and we welcome your comments and questions as we walk this path together.