Page 104 - The Millionaire Mindset
P. 104
As a minister first and a banker second, Dr. Duncan’s noble intention was to provide
something beyond economic sustenance in one’s old age, the real rewards of voluntary
savings, pride, dignity, self-reliance, and independence.” *
The Power 10 Principle
The Power 10 Principle will show you the power that can come from investing
10% of every dollar you earn. Imagine where you would be today, financially, if you had
put aside 10% of every dollar you earned. WOW!
The statistics clearly show a large segment of the population will retire in poverty.
It’s a shame and shouldn’t happen to anyone. Everyone who is working can use the power of
10%, combined with the power of compound interest, to become wealthy at retirement.
Average annual income (past 10 years). $
Multiply by 10 years x 10 $
Divide by 10% . /10 $
Today
This is the amount you could have in your bank account today! is a
great
The Paycheck-to-Paycheck Syndrome day
Close to ninety percent of families the world over are living paycheck-to-
paycheck. There always seems to be more month than money. You can move away from
paycheck-to-paycheck and into prosperity by using The Power 10 Principle.
This syndrome is not caused by a lack of money. I can show a person on a meager
salary how to retire with over a million dollars in the bank, if all they did was set aside
one dollar per day. The paycheck-to-paycheck situation is a symptom of the lack of skills
needed to build true, solid financial wealth.
I know people who earn large amounts of money each year, but are always
OUTSPENDING what they earn. On the other hand, people who manage their money
are on a solid footing financially.
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MMiinlldiosentaireStartingtoday,putthePower10Principletoworkforyou!
* Paul Zane Pilzer, God Wants You To Be Rich, (Fireside, 1995), 175-176.