There’s no question that we all need a roadmap. You can do research on the internet and develop your own ideas on what you will need in terms of what you will need to retire.
More important than retirement is the need to make regular saving in your life MORE than optional. Saving money regularly gives you options when you feel whipped by your job or your crappy boss. It can give you options when your child is sick or when unexpected things come up (as they always do).
We recommend that you spend a set amount of time working for yourself each week. That can be three hours a week or one hour a night five days a week, but the idea is simple: you are your best resource. Use it to look for unique ways to save money. Check out research on coupon codes on products you use.
Okay. You still want someone to tell you how you are doing? Check this out:
http://bit.ly/bF47d
EMERGENCY SAVINGS FUND
Use our “1% Savings Plan” if you haven’t already begun your savings program (scroll back to previous blogs to get the details). We recommend you work toward having 15 to 18 months of expenses in emergency savings (hey, it’s not the 80s anymore, people).
We say it all the time. The only recession that matters is the one at your house. Get a plan, move ahead.
You can do this!
SAVE MORE THAN MONEY
In this country we don’t do enough to teach our children about money, managing money, saving regularly (and automatically), compound interest and steady investing for a long-term future. As a parent, we are always concerned that they get a good education and go to a good college so they can make a lot of money or have a valued career path. The truth is that we could do our children the biggest favor and one of the best things by sharing with them sound saving and investing principles.
You can join our free Facebook group (or have your children do it, too) by searching in the Facebook bar on your “wall” for “Live The Lifestyle Your Family Deserves.” Click on “become a fan.” It’s free and it ties our free blogs into that group.
If you want to give your children the same information we are giving ours, you can purchase the only thing we sell on any of our blogs or groups. It’s called “How To Survive Any Financial Crisis” and you can get it for only $4.95 at www.middleclassmoney.com.
Thank you for reading our blog and good luck!
Loyd Ford
www.stickyasset.com/blog
www.middleclassmoney.com
www.boostmywealth.wordpress.com
www.squidoo.com/boostmywealth
www.stickyasset.com
Categories: personal finance
Tagged: "Live The Lifestyle Your Family Deserves" on Facebook, coupon codes, do your own research, emergency savings fund, Facebook personal finance group, fastest growing personal finance group on Facebook, free personal finance blog, personal finance checkup, personal finance research on the internet, personal finance roadmap, saving, saving money, saving money regularly, The 1% Savings Plan, www.middleclassmoney.com
Your opportunity to save regularly and automatically may be hidden. Everyone wants or wishes they could save more money. However, many people are overwhelmed by bills and regular life expenses. Let’s be honest. It can be difficult to have the willpower to save. In fact, many Americans over the course of the last thirty years have come to make saving money regularly optional.
Saving money is not optional if you care about your family.
See past blog entries to find out about our “1% Savings Plan” if you don’t currently save regularly. Use this plan to get on course and begin developing your own strategies to boost your savings. We can help you with a path to savings and eventual wealth with the use of this plan and other strategies you find on this site and on www.middleclassmoney.com.
SAVING MONEY
In today’s economy, things often come down to the “Big Three” (this is not a reference to Detroit auto makers because that “Big Three” frankly does not exist anymore):
1. Cutting expenses.
2. Generating additional income.
3. Reduce & eliminate debt (especially credit card debt).
On this blog, we focus on “What’s Important Now.”
You should really become focused on these things:
1. It’s not what you earn or how much you save, it is the percentage of your after tax income that you save and invest.
2. You should have an emergency savings fund that includes 15 to 18 months of expenses in actual savings. If you don’t, you should look at ways to boost your savings to meet this expectation (see the “1% Savings Plan” above).
3. When you sit down to pay your bills, call each one and ask them for ideas on how to cut your bill by 10 – 15%. Be open to their ideas about bundling or reducing services. Don’t be afraid to put them under pressure and ask to talk to supervisors. Tell them you have been hit by the financial recession and need help. If they identify ways to reduce their bill, you MUST take this money you “save” and put it into the form of a new “bill” to your actual savings. Any reduction allows you to boost your savings.
4. Focus on reducing your credit card debt by keying on the cards you have with the highest interest rates. If you can consolidate your cards into a low interest credit card without hurting your credit or your boosting your paying interest spike, DO IT. Pay the minimums on the cards with the lowest interest rates and load up payments as far over the minimum as you can on those at the highest level. Focus on one highest interest rate card at a time until you pay it off. Then, roll on to the next one. And stop spending money thru credit cards. Put your paid off cards in a safe, and make one purchase per quarter with these cards and immediately pay it off.
5. Look for opportunities outside of your primary job where you can boost income and look for passive income opportunities. Use 100% of any of this money for boosting savings (until you reach 15 to 18 months of expenses in your emergency savings fund) and then use 100% of this money for low fee investing. While we don’t endorse anything on our blogs, we encourage mutual fund investing if you also focus on the lowest expenses.
The time for playing it loose has passed away. The time for optional savings has passed away. The time to be embarrassed about negotiating is dead.
Hear my warning. Your family needs to be on the move in terms of building savings regularly.
SAVE MORE THAN MONEY
In this country we don’t do enough to teach our children about money, managing money, saving regularly (and automatically), compound interest and steady investing for a long-term future. As a parent, we are always concerned that they get a good education and go to a good college so they can make a lot of money or have a valued career path. The truth is that we could do our children the biggest favor and one of the best things by sharing with them sound saving and investing principles.
You can join our free Facebook group (or have your children do it, too) by searching in the Facebook bar on your “wall” for “Live The Lifestyle Your Family Deserves.” Click on “become a fan.” It’s free and it ties our free blogs into that group.
If you want to give your children the same information we are giving ours, you can purchase the only thing we sell on any of our blogs or groups. It’s called “How To Survive Any Financial Crisis” and you can get it for only $4.95 at www.middleclassmoney.com.
Thank you for reading our blog and good luck!
Loyd Ford
www.stickyasset.com/blog
www.middleclassmoney.com
www.boostmywealth.wordpress.com
www.squidoo.com/boostmywealth
www.stickyasset.com
Categories: personal finance
Tagged: emergency savings fund, Live The Lifestyle Your Family Deserves, reduce and eliminate debt, Free Personal Finance Group on Facebook, The 1% Savings Plan, The big three in savings, generating additional income, 2009 emergency savings fund, Key to saving, How to deal with bills, How to deal with credit cards, Personal savings group on Facebook, Save your financial future, worried about your job
If you could go back to talk to yourself even five years ago, would you share mistakes with your younger self and how to avoid them? Would you find a way to avoid more credit card debt? Save more?
Time is essential when it comes to wealth-building (for most of us). Anything real is real work. You know this.
The best news about today is: If you have a job, you are in the best position to establish or increase savings today. While most people understand that the economy has shifted, most don’t understand their real power in this economy. Consumers are driving the economy. More than this, the amount of savings you may need if things go wrong has increased. In the old days, “they” talked about 3 to 6 months of expenses in savings. This is wrong-headed thinking. It’s old. Today we are recommending that you establish regular and automatic savings patterns that help you build 15 to 18 months of expenses in savings. This can be money market savings and certificates of deposit in an FDIC-insured institution. The goal is simple: It may take you that long to find a job should you lose yours or even longer to replace your current income if you lose your job.
You can establish a savings pattern by seeing the people where you work. See if they allow you to take a small amount out thru direct deposit each time you get paid. Begin socking away a little bit per paycheck.
We constantly tell people to forget about focusing on the money you make or the amount you are saving actually. We encourage you to focus on the percentage of your after tax income that you are saving.
Remember that your checking account is a money laundering account for other people’s money. Any excuse you can give yourself to push money out of checking and into savings is a good excuse.
What you make does not matter as much as what you save or eventually put into investing, but start with building the emergency savings fund. You will be glad you did.
SAVE MORE THAN MONEY
In this country we don’t do enough to teach our children about money, managing money, saving regularly (and automatically), compound interest and steady investing for a long-term future. As a parent, we are always concerned that they get a good education and go to a good college so they can make a lot of money or have a valued career path. The truth is that we could do our children the biggest favor and one of the best things by sharing with them sound saving and investing principles.
You can join our free Facebook group (or have your children do it, too) by searching in the Facebook bar on your “wall” for “Live The Lifestyle Your Family Deserves.” Click on “become a fan.” It’s free and it ties our free blogs into that group.
If you want to give your children the same information we are giving ours, you can purchase the only thing we sell on any of our blogs or groups. It’s called “How To Survive Any Financial Crisis” and you can get it for only $4.95 at www.middleclassmoney.com.
Thank you for reading our blog and good luck!
Loyd Ford
www.stickyasset.com/blog
www.middleclassmoney.com
www.boostmywealth.wordpress.com
www.squidoo.com/boostmywealth
www.stickyasset.com
Categories: Uncategorized
Tagged: boost savings, consumers drive the economy, credit card debt, emergency savings, emergency savings fund, Facebook personal finance group, Free Personal Finance Group on Facebook, Live The Lifestyle Your Family Deserves, percentage of after tax income savings
October 29, 2009 · 1 Comment
So, what would happen if you decided NOT to save money with each paycheck or even each month.
Nothing. Right?
What would happen if you decided to take our “1% Saving Plan” and put it into action? (See past blog entries for details). Each time you got paid, you would be building actual savings. Right?
Okay.
So, what if you decided to save and set aside just a small amount each month for investing? It wouldn’t have to be much – just a little. What would happen then?
Here is what we believe:
There is money you make. That is meaningless. There is money in your checking account. That is meaningless. Checking accounts are money laundering accounts for other people’s money.
There is money in savings. That may “save” you one day. So, that is important.
There is investment (we call this the asset train). This money is not like your savings and is not like your paycheck or your checking account. This is YOUR real money.
Take advantage of this each month and you will build actual assets. It will help you have money that works for you. That’s different than you working for your money.
Oh, and you can do this. We know you can. Think of it in terms of a percentage of your income. It’s not about the amount you save or the amount you invest. It is about the percentage of your income that you save and the percentage you invest.
SAVE MORE THAN MONEY
In this country we don’t do enough to teach our children about money, managing money, saving regularly (and automatically), compound interest and steady investing for a long-term future. As a parent, we are always concerned that they get a good education and go to a good college so they can make a lot of money or have a valued career path. The truth is that we could do our children the biggest favor and one of the best things by sharing with them sound saving and investing principles.
You can join our free Facebook group (or have your children do it, too) by searching in the Facebook bar on your “wall” for “Live The Lifestyle Your Family Deserves.” Click on “become a fan.” It’s free and it ties our free blogs into that group.
If you want to give your children the same information we are giving ours, you can purchase the only thing we sell on any of our blogs or groups. It’s called “How To Survive Any Financial Crisis” and you can get it for only $4.95 at www.middleclassmoney.com.
Thank you for reading our blog and good luck!
Loyd Ford
www.stickyasset.com/blog
www.middleclassmoney.com
www.boostmywealth.wordpress.com
www.squidoo.com/boostmywealth
www.stickyasset.com
Categories: personal finance
Tagged: checking account, Facebook personal finance group, family budget, free Facebook budget group, Live The Lifestyle Your Family Deserves, Save More Than Money, savings, The 1% Saving Plan, The 1% Savings Plan, What happens if you do nothing?
We think we can’t do it, but we can.
The consumer pushes the economy in the U.S. What’s the number? 60 – 70% of the U.S. economy is driven directly from the consumer. That means we are in control, right?
Wrong! Corporate America thinks they have us right where they want us.
It’s time to put our focus where it should be. Begin to think of your purchases as if you were purchasing for a business. Put the retailer under pressure to give you better price.
If you begin to put pressure on the retailers where you purchase your normal purchases, you will find you can reduce your spending out of negotiation. However, if you really want to get ahead, you cannot just put pressure on the retailers. You have to take the “savings” and move that amount to actual savings.
So, what is the true power of negotiating or walking? What is the true power of taking normal purchases, negotiating them or taking your business to a new retailer where you will receive a discount and putting the savings in actual savings every single time you make a purchase?
You can negotiate with anyone, but you must be prepared to walk away. At the same time, the United States has enough sources for every variety of product. If you don’t want to purchase X here, you can get it over there or on-line.
A simple change in mind set can save you hundreds of dollars (and maybe thousands) each year.
Give it a try. Grab the thrill.
SAVE MORE THAN MONEY
In this country we don’t do enough to teach our children about money, managing money, saving regularly (and automatically), compound interest and steady investing for a long-term future. As a parent, we are always concerned that they get a good education and go to a good college so they can make a lot of money or have a valued career path. The truth is that we could do our children the biggest favor and one of the best things by sharing with them sound saving and investing principles.
You can join our free Facebook group (or have your children do it, too) by searching in the Facebook bar on your “wall” for “Live The Lifestyle Your Family Deserves.” Click on “become a fan.” It’s free and it ties our free blogs into that group.
If you want to give your children the same information we are giving ours, you can purchase the only thing we sell on any of our blogs or groups. It’s called “How To Survive Any Financial Crisis” and you can get it for only $4.95 at www.middleclassmoney.com.
Thank you for reading our blog and good luck!
Loyd Ford
www.stickyasset.com/blog
www.middleclassmoney.com
www.boostmywealth.wordpress.com
www.squidoo.com/boostmywealth
www.stickyasset.com
Categories: personal finance
Tagged: Consumer Driven Economy, Corporate America, Facebook personal finance group, Live The Lifestyle Your Family Deserves, negotiating, negotiation, saving, saving money, taking America back, teach my children to save money, teach your children to save money, The personal finance group on Facebook
Everyone is looking for tips or shortcuts to get ahead. People have been doing it forever, but the financial crisis and dimly lit economy bring it all home to you that you need to really focus over the coming months and years on saving more, investing wisely and gaining any advantage you can in terms of supporting your family, growing your savings and wealth and dealing with retirement down the road.
How can you reinvent yourself, your personal finances and grow stability, savings and eventually wealth for your family in the coming months and years?
START SIMPLE
Review your debt and focus on reducing and then eliminating all credit card debt. Separate credit cards by interest and pay extra on the highest interest rate cards first until you have any credit card debt under control. Treat it like a war. Fight to win and don’t give up.
Debt is the #1 impairment to the production of wealth in the middle class.
Check out our “1% Savings Plan” to boost your personal savings (see previous blog entries).
Aggressively pursue the companies you do business with today (cable, telephone, regular bills) and seek their help reducing the amount you pay out to them each month. Be open to their ideas as well as any you have to reduce the bill you pay each of them 10 – 15%. If they provide any savings, you MUST take this savings and put it in a money market savings account (FDIC-insured).
If you don’t put savings in actual savings regularly and force yourself to push money from checking to savings, you are NOT saving money. You are allowing money to control your life.
CHECKING ACCOUNTS are money laundering accounts for other people’s money. Use any excuse to push money from checking to savings. The more you do this, the better off your family will be as the days, months and years roll by.
WHERE YOU LIVE
If you are living in a big pillbox house in the suburbs, consider your space and your real needs. Would you consider downsizing and using the extra savings to pay off your mortgage on a new and smaller place?
THE NEW MATH
Think about this: Smaller place = smaller payments = less debt = more to pay off mortgage, credit card and other debt and more for savings and investments.
THE STUFF YOU LOV(ED)
We all have things in our homes that we don’t use anymore. Sell it. Put that money in savings. With Craig’s List and ebay, you can sell anything. And why not? It is a great way to juice your savings without changing your lifestyle.
HAGGLE ON DOWN
We also believe you can make great progress if you negotiate for EVERYTHING. Remember – we are consumers and we drive 60 – 70% of the U.S. economy. We don’t have to purchase from one retailer or on-line vendor. We can use the power of choice and negotiation.
Today is your opportunity to start. Today you can begin a new beginning. Today you can start developing your own plan for saving money that can lead to real stability and savings that will help you eventually build actual wealth.
Are you ready?
SAVE MORE THAN MONEY
In this country we don’t do enough to teach our children about money, managing money, saving regularly (and automatically), compound interest and steady investing for a long-term future. As a parent, we are always concerned that they get a good education and go to a good college so they can make a lot of money or have a valued career path. The truth is that we could do our children the biggest favor and one of the best things by sharing with them sound saving and investing principles.
You can join our free Facebook group (or have your children do it, too) by searching in the Facebook bar on your “wall” for “Live The Lifestyle Your Family Deserves.” Click on “become a fan.” It’s free and it ties our free blogs into that group.
If you want to give your children the same information we are giving ours, you can purchase the only thing we sell on any of our blogs or groups. It’s called “How To Survive Any Financial Crisis” and you can get it for only $4.95 at www.middleclassmoney.com.
Thank you for reading our blog and good luck!
Loyd Ford
www.stickyasset.com/blog
www.middleclassmoney.com
www.boostmywealth.wordpress.com
www.squidoo.com/boostmywealth
www.stickyasset.com
Categories: Uncategorized
Tagged: credit card tricks, debt elimination, debt reduction, downsizing your home, facebook, Facebook group, Facebook personal finance, Facebook personal finance group, Live The Lifestyle Your Family Deserves, paying off your mortgage, personal finance shortcuts, personal finances, Personal savings, saving, saving money, shortcuts to get ahead, supporting your family, teach your kids to save money, teaching children to save money, The 1% Savings Plan, tips on savings, wealth-building, www.middleclassmoney.com, www.stickyasset.com/blog
We usually focus on ways to save money regularly and automatically on this blog. These ways can be accomplished easily in the pay-yourself-first fashion of going to your employer and setting up a 401k and a paycheck-by-paycheck debit that goes to an account with someone like ING Direct, T Rowe Price or a savings account of some kind. We always recommend you do your own research on “where to land money” for savings and investment.
However, if you are seeding an emergency savings fund, we always recommend a money market savings account or certificates of deposit with an FDIC-insured institution.
Sometimes you need a little help to get your savings started or boost it up. If you are ready to try your hand with this, we want to help.
This blog entry looks at additional ways to BOOST SAVINGS with things you already have at your fingertips. Things you own. This blog entry is about selling things you currently have but are not using. You know we all have items in our homes that we have not used in a long time. Trade them for peace of mind. Boost your emergency savings.
Where do you sell such things? I guess everyone knows about ebay. What if you had a lot of different options to sell your old things? Would that be a game-changer that would allow you to really boost an emergency savings fund or start one?
Try these:
www.narts.org
www.half.com
www.secondspin.com
www.dealitlive.com
www.buymytronics.com
www.bonanzle.com
www.craigslist.com
If you are going to sell things you already own, you have to learn to be patient and know in advance what you will accept for any item. There are always negotiators (and you should always be one of them when you are BUYING), but boosting your emergency savings or savings in general by selling things you already own is a great way to build a little savings.
Just know what you want to get for your things and stick to your plan. And always put the money directly in your savings.
How much emergency savings is enough? 15 to 18 months of expenses. No, you won’t get there all at once, but hang out with us and we will continue to show you ways to can enhance your savings. You’ll get their faster than you think.
SAVE MORE THAN MONEY
In this country we don’t do enough to teach our children about money, managing money, saving regularly (and automatically), compound interest and steady investing for a long-term future. As a parent, we are always concerned that they get a good education and go to a good college so they can make a lot of money or have a valued career path. The truth is that we could do our children the biggest favor and one of the best things by sharing with them sound saving and investing principles.
You can join our free Facebook group (or have your children do it, too) by searching in the Facebook bar on your “wall” for “Live The Lifestyle Your Family Deserves.” Click on “become a fan.” It’s free and it ties our free blogs into that group.
If you want to give your children the same information we are giving ours, you can purchase the only thing we sell on any of our blogs or groups. It’s called “How To Survive Any Financial Crisis” and you can get it for only $4.95 at www.middleclassmoney.com.
Thank you for reading our blog and good luck!
Loyd Ford
www.stickyasset.com/blog
www.middleclassmoney.com
www.boostmywealth.wordpress.com
www.squidoo.com/boostmywealth
www.stickyasset.com
Categories: personal finance
Tagged: "Live The Lifestyle Your Family Deserves" on Facebook, 401k, boost savings, boost your emergency savings, FDIC, Free savings tips, helping your children save money, how to survive any financial crisis, ing direct, save with what you have, sell used stuff sites, T Rowe Price, teaching children to save money, teaching my children to save money, The Facebook personal finance group, tricks to boost savings, unusual ways to boost savings, www.middleclassmoney.com
Credit cards are tempting. Credit card companies are….very profitable. The difference between middle class families that build wealth over time and those that fall more and more behind could come down to a simple scientific fact: Percentage and persistence.
PERCENTAGE
Families who make savings non-optional and focus on a saving a dedicated percentage of their after tax paychecks every time they receive a paycheck tend to grow savings first and then assets. Of course, growing performing assets is the critical fire for wealth production just as debt is the #1 impairment of savings and wealth growth in the middle class.
The key is percentage + automatic savings + regular focus on saving and moving money from checking to savings vehicles along with steady investment. Checking accounts are money laundering accounts for other people’s money. To build wealth, you must save regularly and you must build produce assets. But you must build the proper emergency savings fun before you even think about investing. That does not often happen with people who don’t make saving money with each paycheck a priority.
What is a good percentage to save regularly? 20%. Don’t gasp. You can do this. If you have to, begin with our 1% Savings Plan. Don’t know about that? Check out past blog entries and you’ll pick it up pretty quickly.
You can pay down debt. You can surrender a percentage of every paycheck to savings. You can mark time by building savings. Time is what you need. Build your own strategy for savings so you can USE time.
Time is the thing you cannot control. That’s why the next word is so important.
PERSISTENCE
Life is filled with good news and bad news for everyone regularly. We will spare you the lesson on how bad news highlights the good and makes you grateful for the highs, but we will absolutely point out that one of the best philosophies you can have in personal finance is to expect highs and lows.
People like to think they can’t save a lot of money because of bills or unexpected problems. The truth is that you don’t have to save it all at once. Time is the only thing you truly cannot control. Use it to your advantage. Start saving. Do it regularly.
Everyone faces bumps. Being persistent with regular and automatic savings will help you grow a proper emergency savings fund for 2009 (15 to 18 months of expenses in a money market savings account or certificates of deposit – both in FDIC-insured institutions).
Don’t let anyone tell you that you cannot grow savings. Commit. Get started today. Spend more time reading our past blogs and you may find some additional “love” for saving and easier ways to get it done for yourself.
SAVE MORE THAN MONEY
In this country we don’t do enough to teach our children about money, managing money, saving regularly (and automatically), compound interest and steady investing for a long-term future. As a parent, we are always concerned that they get a good education and go to a good college so they can make a lot of money or have a valued career path. The truth is that we could do our children the biggest favor and one of the best things by sharing with them sound saving and investing principles.
You can join our free Facebook group (or have your children do it, too) by searching in the Facebook bar on your “wall” for “Live The Lifestyle Your Family Deserves.” Click on “become a fan.” It’s free and it ties our free blogs into that group.
If you want to give your children the same information we are giving ours, you can purchase the only thing we sell on any of our blogs or groups. It’s called “How To Survive Any Financial Crisis” and you can get it for only $4.95 at www.middleclassmoney.com.
Thank you for reading our blog and good luck!
Loyd Ford
www.stickyasset.com/blog
www.middleclassmoney.com
www.boostmywealth.wordpress.com
www.squidoo.com/boostmywealth
www.stickyasset.com
Categories: Government Bailout · personal finance
Tagged: "Live The Lifestyle Your Family Deserves" on Facebook, automatic savings, Facebook personal finance group, investment, percentage saving, saving 20% of your income, saving money, The 1% Savings Plan, The two keys to wealth building, www.middleclassmoney.com
What can you do with your kids to make sure they think about how to form their own attitudes about money, saving, investing and growing wealth?
Many have said the different between the rich and the middle class is that the rich teach their children the use of money, saving and investment.
Try this:
Give your kids an allowance, but make sure you also make them responsible for purchasing something important for your household within their allowance each week or month. Talk with them about how they spend their allowance and make regular savings a part of each “paycheck.”
Talk with your children about where they save money, how much they save (percentage) and what the purpose of the savings is as well. A lot of parents will want to say, “Hey, it’s not fair giving them an allowance and making them spend some of it on the households.” But it is fair. More than this, it is critical that you help them understand that they will have to purchase things with money in the long-term. You should also make them aware of your expectation of them: That they will save 20% of each paycheck to build their own emergency savings. That you expect them to save each “paycheck” (allowance). This builds their own expectation for themselves.
If we don’t teach our children to save, they won’t save. They won’t prepare for the bumps in life, and they will be catching up like us.
SAVE MORE THAN MONEY
In this country we don’t do enough to teach our children about money, managing money, saving regularly (and automatically), compound interest and steady investing for a long-term future. As a parent, we are always concerned that they get a good education and go to a good college so they can make a lot of money or have a valued career path. The truth is that we could do our children the biggest favor and one of the best things by sharing with them sound saving and investing principles.
You can join our free Facebook group (or have your children do it, too) by searching in the Facebook bar on your “wall” for “Live The Lifestyle Your Family Deserves.” Click on “become a fan.” It’s free and it ties our free blogs into that group.
If you want to give your children the same information we are giving ours, you can purchase the only thing we sell on any of our blogs or groups. It’s called “How To Survive Any Financial Crisis” and you can get it for only $4.95 at www.middleclassmoney.com.
Thank you for reading our blog and good luck!
Loyd Ford
www.stickyasset.com/blog
www.middleclassmoney.com
www.boostmywealth.wordpress.com
www.squidoo.com/boostmywealth
www.stickyasset.com
Categories: Uncategorized
Tagged: emergency saving, emergency savings, facebook, financial crisis, How do I teach my children to save?, how to survive any financial crisis, Live The Lifestyle Your Family Deserves, proper allowance, saving, savings, teach my children to save, teach your children to save, The fastest growing personal finance group on Facebook
If you think you can’t do something, you’ve already lost.
A lot of people get overwhelmed when it comes to thinking about saving money for retirement. You might find it funny, but we don’t generally talk about retirement savings on this blog.
We talk about regular and automatic savings. We talk about tricks to make yourself save more money than you thought possible. We talk about empowering your family to engage in healthy habits to save and invest regularly to insure you actually have a future.
No one likes to hear warnings and people don’t always think “you can save more money” are words meant for them.
Did we mention that saving money is boring? Most people like to hear stories about “getting rich quick.” However, most significant wealth comes thru a slow building process. It may not be sexy, but it works.
Our blog is not a positive thinking blog either, but it is an action blog. We say that you have to begin now and you have to look for opportunities to save. You have to push money from checking to savings vehicles. You must negotiate on everything and put the money you saved thru negotiation in actual savings (or you’ve saved nothing).
Look hard at your expenses. Figure out what you can reduce or eliminate. Ask the people you owe money and those businesses you purchase from on a regular basis to help you reduce the payout by 10 – 15% or more (and put that savings in….you guessed it….savings).
More? Keep reading this blog or our main blog (www.stickyasset.com/blog). We’re into saving you money. We are into your family avoiding interest and fees. We are into your family building wealth.
If you think you CAN do something, you’ve already WON. You’re a winner. That means you can build your own plan for saving and investing regularly. You can do it! Start today!
SAVE MORE THAN MONEY
In this country we don’t do enough to teach our children about money, managing money, saving regularly (and automatically), compound interest and steady investing for a long-term future. As a parent, we are always concerned that they get a good education and go to a good college so they can make a lot of money or have a valued career path. The truth is that we could do our children the biggest favor and one of the best things by sharing with them sound saving and investing principles.
You can join our free Facebook group (or have your children do it, too) by searching in the Facebook bar on your “wall” for “Live The Lifestyle Your Family Deserves.” Click on “become a fan.” It’s free and it ties our free blogs into that group.
If you want to give your children the same information we are giving ours, you can purchase the only thing we sell on any of our blogs or groups. It’s called “How To Survive Any Financial Crisis” and you can get it for only $4.95 at www.middleclassmoney.com.
Thank you for reading our blog and good luck!
Loyd Ford
www.stickyasset.com/blog
www.middleclassmoney.com
www.boostmywealth.wordpress.com
www.squidoo.com/boostmywealth
www.stickyasset.com
Categories: personal finance
Tagged: automatic savings, Being Positive About My Saving, facebook, get rich quick, insure your future, Live The Lifestyle Your Family Deserves, Personal Finance on Facebook, Push money from checking to savings, retirement savings, tricks to save more money, you can save more money
