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You are here: Home / Business Success Tips / Would You be Happy To Have $50,000 Savings In The Bank from Your Home Based Business In Brisbane?

Would You be Happy To Have $50,000 Savings In The Bank from Your Home Based Business In Brisbane?

March 20, 2016 by Claude Fullinfaw

G’ Day Claude Fullinfaw from Brisbane.

Topic: How much money do you need from your home based business in Brisbane to generate $100 a month?

Do you know how much cash you need to save in the bank just to earn $100 as interest a month? Right Now I am thinking of income for my retirement Passive income! So I did a little survey recently and I went to my bank And ask them the question “what would I need saved to earn $100 a month?”. Learn More!

That bank is currently giving an interest Rate of 2.7% for a fixed term monthly deposit. And so if I was able to deposit the 50,000 dollars I would earn $114 in interest that month. I would need to invest $50,000 in cash, Just to earn over $100 a month. But like I mentioned earlier I am planning for retirement.

I would certainly need much more than $50,000 in savings. Much more than $100 a month to live off. Based on the figures above I would need half a million invested just to earn little over a 1000 dollars a month. That’s just $250 a week. Just Imagine! Certainly I could never survive on that.

Although! If I doubled that to a million in savings I would have $2200 a month or $550 a week. That too would be financially tight for the two of us to live off in our retirement years. Remember… We have to factor in inflation too into all this. Not forgetting rising medical costs as we grow older.

Worst still saving the million dollars to invest would take me over 30 years if I were to save $250 a week.

As I am in my fifties now That is not a very good option – especially as I need a fast track option to get me to my security quicker. Well! The good news is I have found a financial vehicle whereby I can work part time and create a passive income that will not only pay me now but will give me my retirement security in a 10th of the time it would normally have taken.

So if you are going through a very tight financial situation at present and have very little to fall back on maybe I can help you. Connect with me as I am willing to share what is making my future look so promising now.

Claude Fullinfaw,

Brisbane, Australia

USANA GOLD Director

0422442029

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Filed Under: Business Success Tips Tagged With: escaping the rat race, home based business, home based business brisbane, succeeding in network marketing, usana brisbane, usana brisbane business, usana indonesia

About Claude Fullinfaw

Claude Fullinfaw started in Home Business in 2003 and since then has helped numerous people achieve their dreams of working from home part time. Google+ and Twitter More Info

So many people want to work at home and make money striving to create a life whereby they don't have to say any more "I need more money today".

It has been such a ride of his life to be able to work with people from far off places such as Philippines, Indonesia, US, Canada, Malaysia and Australia in the network marketing industry.

Now if you are looking for tips and some free coaching its best to log on to his blog at https://claudefullinfaw.com/ and read up on articles he has penned down for people wanting to move away from employment and lead a financially free life such as:.

How to find the best home based business
How to know what to do in the first 8 weeks in your business
How to plan the year's goals out in 8 week slots and achieve them
How to be accountable and measure your goals
How to create massive duplication and get your team to do the same
How to use social platforms to help you move across states, countries and around the globe at no extract cost other than some part time work
And much much more.

Claude Fullinfaw
Brisbane
Queensland, Australia

+61422442029

About Claude Fullinfaw click here!

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Claude Fullinfaw

USANA Gold Director

Philippines: Legaspi Village, Makati, Philippines.

Cell: +63 995 861 4727

Australia: Stafford Heights, QLD, Australia

+61 422 44 2029

 

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