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Fear, Uncertainty And Home Based Businesses In A Tough Economy

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Changes in the economy over the last three years have forced many people to make drastic changes in their lifestyles.
The days of 15% to 20% annual home value increases are gone.
Credit card interest rates are up and unemployment is through the roof.
The days of cheap and easy money have been replaced by times of fear and uncertainty.
The Cold Hard Facts
  • The unemployment rate in Dec.
    2010 remained at nearly 9.
    5%
  • Nearly 1.
    3 million people gave up looking for work in Dec.
  • According to Ben Bernanke it could take 4-5 years for unemployment to get back down to 6%
  • Home foreclosures are still rising
Don't Count On The Government
  • The national debt just reached 14 trillion dollars and counting.
    Just to put that number into perspective, 14 trillion seconds is the equivalent to 443,646 years!
  • Every baby born in this country today will inherit almost $45,000 in debt by the time it takes its first breath!
  • The last balanced federal budget was in 1998
  • The federal deficit has increased by 255% or $8,500,000,000,000.
    00 since 1998
  • The federal government has spent approximately 1 trillion dollars on stimulus since 2007 and the unemployment rate has risen from 5% to 9.
    5%
What Can You Do? As Jim Rohn said "you can't change the direction of the wind but you can change the direction of your sail.
" Don't fall into the doom and gloom trap! There were more millionaires made during the great depression than any other time in U.
S.
history.
There are plenty of opportunities out there, you just need to look for them.
Home based business opportunities are all over the internet, and a great way to generate a second income or start a whole new career.
There are literally hundreds of them from multi-level marketing, e-books, affiliate opportunities and even turn-key home based business franchises.
If you take the time to learn online marketing, it's a skill you can apply to virtually any business or area of expertise.
With the explosion of social media like Facebook and Twitter, many employers are now looking for employees who have experience in these areas.
Take control of your future, learn online marketing, start your own home based business, be a better qualified employee and insulate yourself from the downside of an economy that isn't going to change dramatically any time soon.
More and more people are turning to the internet for shopping, businesses, social activities, research and much more.
Don't be left behind.
Learning skills that can be applied to future job or business opportunities may just give you the edge you need to prosper in these ever-changing economic times.
Source...
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