The Truth About The State of the Union Address – Jerry Fetta
Last night, President Donald Trump gave his state of the union address for the first time. Trump pointed out 2.4 million new jobs, increases in wages, lower unemployment, expansion in the auto industry, tax cuts, and all time highs in the stock market.
The State of the Union has nothing to do with the state of your union.
Let’s face it, you don’t see a net benefit to any of these numbers. Want proof? Look at your bank account, count the number of assets you own, and total up your annual income. Tax cuts, new jobs, decreased unemployment, and stock market gains have not and will not help you. President Trump cannot help you. The Federal Government cannot help you. The only one that can help you is you.
How much time did you spend on personal development last year? The sad fact is that the average American reads 5 or less books per year. Compare that to the amount of time spent watching reality tv, the news, movies, playing video games, and focusing on things that have no positive effect on your finances whatsoever. Spend time on personal development above all things.
How much did you increase your income last year? From 2015 to 2016 the average American only increased their income by $1842 according to the U.S. Census Bureau. That’s $153.50/mo. Inflation average at an increase of $1814. That means you only beat inflation by $28. Your income needs to increase to the point that you can beat inflation, pay your taxes, save 40% of your pre-tax income, & possess a good standard of living. Anything less than this is not success.
How much did you grow your network? I wrote an article about how your network is your net worth. Click here to read it. If you’re like most people, you spend time with the same people year after year. Your friends and family haven’t changed and you spend virtually all of your time with them. There’s nothing wrong with friends and family, but there are 7 billion people in the word. It is your responsibility to know as many of them as possible and to help as many of them as possible. You can’t make in impact on the world when you spend your social time “having a beer with the boys”. If you’re looking for proof go watch an episode of King of the Hill and it will tell you everything you need to know.
There are 8 things you must do to change the state of YOUR union:
- Set giant goals
- Have a written, mathematical formula
- Seek coaching and accountability
- Learn daily
- Expand your network like crazy
- Increase your income
- Keep as much of your income as possible (40% or more) in a sacred investing account
- Invest in real assets that produce passive income
If you miss any of these things, it will hinder the life you could be living.
If you’d like to implement these 8 steps now, click here and a Wealth Coach will contact you to provide you with the specific information you must know to get started!
Own Your Potential,
Jerry Fetta believes everyone has the God-given right to own their potential. Most of us don’t because we spend 40 hours per week serving the 40 year to life sentence, trading our precious time for worthless paper called money.
We live on an economic planet and time and money do need to be exchanged. But it doesn’t need to be your time or your money. Jerry teaches his clients to secure income producing assets that make the time and money exchange for you so you can buy your freedom back and live a life of abundance and prosperity. To get there we must know how to make money, how to keep it, and how to multiply it.
Jerry provides coaching, education, accountability, and community to help you build wealth. Join the Wealth DynamX coaching program, get educated on Wealth DynamX University, and begin networking with the Wealth DynamX Mastermind Group today.
To get started, go to www.WealthDynamX.com/potential