Why do we stand by and wait when we should be active in our personal financial lives? I know, you’re busy, right? Do you fall asleep when you start thinking about financial numbers and budgets?
Make it easy on yourself. Start believing in yourself. Your kids need you. Follow me. Everyone should have a plan based upon what is important to them. You should have one. You should teach your kids about your plan and make sure they understand that financial justice for themselves (saving and investing regularly) should not be optional. Financially, that means learning how to save as a basic principle of your personal financial life.
Read our previous blogs on our 1% plan. Spend time on sites from Suze Orman to Dave Ramsey and others. Educate yourself on what you feel strongly works for you. Don’t settle for what someone else tells you.
Don’t settle on “the rich get richer and the poor get poorer.” Find out why. Find out what separates the rich from the poor in habits and strategy. Anyone can say, “Well, they have money.” All rich people didn’t start with money.
Read “Rich Dad, Poor Dad.” Spend 30 minutes of your day five days a week learning about saving and investing.
Take control of the learning process and then take control of your financial destiny. Get involved and teach your children what you learn.
Find people you identify with who have pulled themselves up to the next level or reached goals you would like to reach.
You can do this!
TEACH YOUR CHILDREN WELL
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 http://www.middleclassmoney.com.
Thank you for reading our blog and good luck!