Unemployment Rate Jumped to 5.5 Percent

This is the kind of negative news that the general public gets very nervous about reading. It also causes some people to freeze, become immobile, feel like a victim, and bottom line NOT TAKE ACTION to do something for themselves. To reference Trump and Kiyosaki again, they stress that we, as individuals MUST take responsibility for ourselves . In Kiyosaki’s quadrant example he explains why you won’t get rich by "playing it safe" as an employee, or as a self-employed individual because you can’t leverage yourself (and time). He recommends owning a business (current favorite - Network Marketing ), and becoming an active investor .

Here’s some sobering news quoted from an article today on MSN.
"The nation’s unemployment rate jumped to 5.5 percent in May — the biggest monthly rise since 1986.

A trio of crises — housing, credit and financial — have rocked the economy. That’s caused economic growth to slow to a crawl as businesses and consumers have tightened their belts. Spiraling energy costs are another negative force.

“For the average American there is not debate that the economy is in a recession,” said Mark Zandi, chief economist at Moody’s Economy.com. “That’s because their net worth is lower, their purchasing power is lower and it is tough to find a job. If you lose a job, it is tough to get back in,” he said." Go HERE to read more.

What better time than now, to do something for yourself and not rely on others. Find your passion and look for a business to support that. Not only could it be the best financial decision you’ve made in a long time, it could also provide you with the freedom and balance in your life you’ve been looking for as well. What do you have to lose?

I’d love to hear your comments about creating your own opportunities in today’s economy.

Until next time, J.

"Take control of your destiny or someone else will"