REAL TALK: Like It Or Not...These Are The Facts!

Written By Monica Rowland
Like it or not... these are the facts! Our economy is failing and in 2004 when G.W. Bush stepped into his second term as President of the United States, we entered into the beginning of a DEPRESSION. As moms, single parents, wives, homemakers and partners...we must examine these issues and create a system for ourselves that will create and sustain long term residual income.

Here are some ALARMING facts:

* There has been a 14% hike in food prices.
* GAS PRICES ARE AT AN ALL TIME HIGH
*82 Percent of Families in the US with infants are requiring FULL TIME child care in order to work.
* The yearly cost of child care in the US reaches as high as $14,591 in some states.
* The average income of single mothers with children under 18 is $23,008 yearly.
* As of September 2008, there have been over 760,000 people laid off from their jobs.
* The National unemployment rate was at 6.1% in September of 2008.
* There are nearly 2 million families facing foreclosure.
* Since late 2006 over 300 major lenders have closed .
* There are over 1 million unemployed real estate professionals.
* Since 2007 there have been 47 failed US banks with WAMU being the biggest bank failure in US history.
*Every 75 years there is a depression. The last one was 1929- you do the math. There are more millionaires made during depressions than any other time. This is a perfect time to take advantage of industry trends - The health and wellness industries, and the security of a home based business.

** Statistics from the U.S. Department of Labor