Register Advertise with usHelp Desk Today's Posts Search

Rate this Entry

Better than Winning the Lottery (And You Can Do It)

Share
Submit "Better than Winning the Lottery (And You Can Do It)" to Facebook
Posted 16th February 2012 at 01:53 PM by David Sneen

Lottery Winners vs. Earn More Spend More Group Members

When you win the lottery, you are typically given the choice of taking half your winnings in a lump sum or receiving the total sum in 20 years; that is 240 monthly installments. Those who take the lump sum payment have often gone through their winnings with break-neck speed. Once it is gone, it is gone. The wise decision for this and other reasons is to take the installments. So, we will discuss monthly installments, as we compare incomes; the lottery installments vs. the Earn More Spend More Group plan.

The Earn More Spend More Group

The Earn More Spend More Group plan is a motivational plan. Each month, members set goals to earn and spend monthly raises of at least $100. The EMSMG plan calls for them to spend those raises to; celebrate their success and motivate themselves to earn larger raises next month and in months thereafter.

To be considered as an active Earn More Spend More Group member, one must earn and spend a monthly raise of $100 or more. (Inactive members can try harder next month and become active).

An Earn More Spend More Group member could, through hard work, achieve a raise much larger than the minimum $100 a month. This article will highlight a hard-working Earn More Spend More Group Member who averages three times the minimum raise over a four month period. He/She has created a pro-rated monthly income of $14,400. The lottery winner who has won $4,000,000, will receive 240 monthly installments of $16,667.

The Lottery Winner Receives Larger Paychecks

The lottery winner will receive 240 monthly installments of $16,667. The EMSMG worker has, in four years, achieved a pro-rated income of $14,400 a month.

Why is the smaller Earn More Spend More income better? Consider these seven reasons:

Seven Reasons the Earn More Spend More Group Income ($14,440) is Better than the Lottery Installments ($16,667)

  1. The lottery winner will receive installments over the next 20 years. The Earn More Spend More Group member will continue to collect paychecks as long as he/she remains active.
  2. The EMSMG member will be able to help others by his/her efforts or gifts. The lottery winner can choose to give his/her money away, but has not learned new skills that will help his/her friends earn money.
  3. The Earn More Spend More Group member had a plan in place and made it happen by his/her efforts. Once started, there was a certainty that this would work. The lottery winner was simply lucky.
  4. Whenever someone wins the lottery, there is an immediate frenzy accompanying it. It becomes a media event. Soon, dozens of long lost friends and relatives will be looking for a handout. The EMSMG member will not have to deal with any such frenzy.
  5. The Earn More Spend More Group member can take pride in her/his work. She/he worked hard and created a successful outcome. The lottery winner was simply lucky.
  6. The EMSMG winner will be able to continue what she/he is doing and create a larger income. The lottery winner's checks are set.
  7. The Earn More Spend More Group member will awake each day with a purpose and a goal. The lottery winner could choose to set and achieve a goal; but certainly would not have to.
I am sure that you will not be surprised to learn that you will have to work hard to achieve $300 monthly raises. If it were easy, everyone would do it.

You and I will, in all likelihood, never win the lottery. But, we can achieve something even better, through our own efforts in the next four years. I urge you to read about the Earn More Spend More Group, and consider becoming an active member. Who knows? In the next four years, you could create an income that will become even better for yourself and your family than winning the lottery.
Views 2082 Comments 0
Total Comments 0

Comments

 


All times are GMT -6. The time now is 02:32 AM.