Finances. Ah…… Debbie Downer…. don’t bring that up. I was having a pretty good day until you mentioned the “F” word.
This is a topic that is such a big one in ALL of our lives, and yet the average person wants to run the opposite direction when “the big F” is mentioned. It is very personal. Some peopleare blessed with stewardship training at a young age. One of my parents greatest gifts was the actual act of teaching us to manage money. I knew how to manage money from a pretty young age, partly from this training, and partly because I’ve worked since I was barely a teenager caring for and supporting my own horse. Squandering money just didn’t happen in my world. Others may have figured it out on their own without training, but by trial and error. My hat is off to you…. not everyone learns from financial mistakes, and consequently there is a wake left that grows to tsunami proportions with each passing year.
The reality in today’s world is this…… no matter what your prior circumstance, unless you are born into wealth, your retirement plan likely looks like one of these scenarios:
- It just might be do-able. I’ve been saving for retirement since I was 16, and my family tends to die young anyway (now THAT’s another topic for another blog!)
- I know I don’t have enough saved, but I’m planning on working til I die of old age. I just hope I’m not on duty as a Wal-Mart greeter when it happens!
- Uhhh…. I’ll just live off Social Security… isn’t that what it’s for?(Good luck with that one! I’ve seen too many people at the pharmacy who make monthly choices about food vs medication because they’ve tried just this approach to retirement).
Now dream with me a moment. Have you already fallen in love with Young Living products? (If so, you can scratch the whole “dying young plan”off your retirement scenario list, ’cause it ain’t likely that’s gonna happen). Or, have you just stumbled into my website… dazed, confused, and a little rising excitement about what you’ve found regarding natural wellness options…?
I’m not asking you to share Young Living with others… Only about 8% of YL users actively grow a business, so you are in great company by just being a content product user. Thank you!
But I would like to tell you what could happen if you did share your love of YL’s presence in your life with others.
You see, my husband and I have great jobs. We both work very hard on the farm and in our careers. We also only get 2 weeks of vacation a year, and when you have remote family members with health conditions and/or farm events…. choices for vacation days have to be made. There were several years we’ve had to use nearly all our vacation to address very “non vacation” life events, and several times we’ve missed critical moments in life because of this. Residual Income comes from building an asset (your ever growing YL business) that continues to earn you money even if you are not actively building that asset at every given waking moment. Make no mistake… building a business around Young Living IS work, but the freedom to plan….. or to be spontaneous about this work is priceless. If I could have some “do over” moments in my life and not miss some extremely important family events because of work, I would in a heartbeat. Many of you are younger than me…. Don’t be me. Think about this long and hard now, and don’t miss out because you had to “clock in”. Begin working now on freedom.
Secondly, Charlie and I HAVE been saving for retirement. I personally have been saving since I was 23 years old (I am 50 now). There have been times in our lives that we have dumped relatively large amounts of income into retirement plans, and while we are better prepared than most (when we turn 70 1/2!), it’s still not a ton of money in the grand scheme of growing old. It gives me great peace to be at a point in my Young Living journey (after just 3 years) to have residual income we can count on. If Social Security evaporates into thin air before we retire, with our YL income, we will be fine. This is not a pipe dream… this is our reality. Again…. many of you are younger than me. If I’d started growing my YL business at 25 instead of 47, who knows what kind of financial magic would be happening! Remember, this business is an “at your own pace” kinda thing…. but even if you grow slow and steady, in 25 years, you’ll be the rockstar granny (or grandpa) who is enjoying retirement instead of working at Wally World because they have to! What is your current 401K offering you? You can see actual “pedal to the metal” numbers on the 2015 YL Income Dislosure Statement.
Thirdly…. what does your WILL look like? Will your job continue to pay you long after your death? Do you have a spouse, kids, relatives (or a farm full of animals like us!) who rely on the support your income affords? What if it stopped? The cool thing about Young Living is that once you get a YL business off the ground and write a personal will, you can then fill out survivorship paperwork with YL, and guess what….. that residual income becomes a legacy for your family…. (or in our case, our ‘farmily’). You can read more about willing your business in section 3.7.1 of the Policy and Procedure manual. Does your current job offer this perk? I didn’t think so….
If, after reading this… you find yourself interested in learning more, please contact me!
If you’ve never even heard of oils til now AND you’re already nervous about what your retirement does look like, let’s talk.
If you love oils and are already on my team, but have never even considered these options until now, maybe I’ve planted a seed or two. I am here to help you get started. We are about raising each other up, and I’m more than pleased to help.
If you are on my team or about to be on my team, and this message has rocked your world, ……………… contact me. If you are truly serious, I will make sure you have the resources you need at your fingertips to be successful. This business is about growing up, locking arms, and thriving together.
A Young Living business will truly offer you a sustainable future.
Hugs and Love, liz