Why You Need a Million Dollars Today (And It's Not Even That Much!).
- Andre Abouzeid
- Apr 7
- 3 min read
Let’s be honest—a million dollars used to sound like a dream. Today, it’s the bare minimum for financial peace of mind. Inflation, rising costs, and economic instability have made it clear: if you're relying on just your job, you're vulnerable.
What Does a Million Dollars Really Get You Now?
Not as much as you'd expect:
- Put a million dollars in safe investments and you're looking at about $40,000 in yearly returns. Can you live on that?
- A decent family home in Toronto, Dubai, or New York? A million might not even cover the mortgage.
- In cities like Montreal, prices have jumped by over 40% in recent years.
- Healthcare in retirement? A couple could easily need over $300,000 just for medical expenses.
The harsh reality: A million dollars no longer represents wealth. It represents stability.
The Real Danger: Relying on One Source of Income.
In the past, you could build a life around one good job. Not anymore.
- AI and automation are disrupting industries.
- Companies restructure regularly to cut costs—and jobs.
- Salaries aren’t keeping up with the rising costs of living.
You're just one corporate decision away from losing everything. That's why having only one source of income is the biggest risk you can take today.
The Solution: Add a Second Source of Income.
If you want to protect yourself and your family, you need a second stream of income—one that grows alongside your main job, or eventually replaces it.
Direct Selling.
I started in direct selling over 25 years ago. It gave me a way to earn extra income without giving up my full-time work. The beauty of direct selling is leverage. You build a team, train them, and as they grow, so does your income. The effort multiplies. You’re no longer trading hours for dollars.
- Low startup costs.
- Unlimited potential.
- No need to create your own product.
- You learn real-world skills: sales, communication, leadership.
Direct selling gave me the flexibility to walk away from unstable jobs and build a life on my terms.
Why You Need to Start Now?
Every year you wait, things get more expensive. The cost of housing, education, healthcare—it all rises faster than most salaries. Waiting means falling behind.
The earlier you start your second income stream, the more time you give it to grow. Whether it’s a direct selling business or a small rental unit, it doesn’t have to be huge at the beginning. But it has to start.
Take the First Step.
If you’re ready to learn how to build a second source of income through direct selling, I’ve laid it all out in my book Street-Smart Network Building. It shows you how to build strong relationships, lead a team, and grow income with real leverage.
If you want to explore rental income, start by learning your market, saving for a down payment, and studying how short-term and long-term rentals perform. You don’t have to do it alone. Join communities, follow experienced investors, and get mentorship.
Financial freedom doesn’t come from one paycheck. It comes from building assets that pay you consistently.
You don’t need to become a millionaire overnight. But you do need to think like one. That means having backup plans. It means creating income that doesn’t stop when your job does. It means being in control of your time, energy, and future.
And it starts with just one decision: to build your second source of income today.
Resources to Help You Begin:
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