The Habit Money Family

Good things and bad things happen to everyone.

Live long enough and you know this is true. Life always seems to deliver the unexpected. Most people become easily overwhelmed when talking about long-term money planning. Why? Because it is boring and everyone really wants to know how to become rich quickly.

The good news is: You can build wealth for your family and you can help your children develop habits that will give them options and make them wealthier over their lifetime. Habits can be developed out of a good plan. Start by developing your plan and working it to generate real value.

Let’s start here: How many things of true value do you know where created instantly? Value is generally built over time with real effort. The best part of this is that real value in saving and investing is possible with a few proven strategies that are known to produce results.

Review your spending over the last three (3) months, and start with a goal in mind of reducing your spending by 12 – 15%. Take that money and mark it as a “bill” you must pay at the beginning of each month.

Don’t stop there.

Look at our past blog entries if you want to use our “1% Savings Plan” or check it out at

Are you enrolled in your 401k at work? If you are eligible, you should work to put as much as possible into these plans so that your money has time to really build. The secret is to make sure you have regular contributions every single time you get paid. More than this, you need to read up on Roth IRAs and traditional IRAs. As soon as you can afford it, you should ALSO be contributing regularly to a Roth or traditional IRA.

Remember the experts in the 1980s would tell you to have 3 to 6 months of expenses in savings? Well, welcome to the 21st Century. You should work to secure 15 to 18 months of expenses in money market savings and certificates of deposit. If you had that today, would you feel better about high unemployment? Would you feel more “in charge” of your family destiny? Of course you would.

Finally, learn. Put learning at the top of your list of critical things to teach your children and use to secure a brighter future. It is easy and inexpensive to subscribe to magazines like Money and Kiplinger’s. This is not so you can accept everything in those magazines as “gospel.” The reason you want to shift some of your regular reading to these types of magazines is to get your mind centered and influenced by other people who are doing smart things to increase their savings and wealth.

You can do this.


If you think I was born saving money, you are wrong. My own family didn’t believe in saving. They don’t believe in having a 401k. They have had “emergencies” all their lives. These emergencies always get in the way of saving money regularly. I was not brought up to save and invest regularly and I have made every mistake you can think about when it comes to money. My parents thought they were shielding me from the realities of bills and worry. In fact, they were isolating me. I learned nothing until I had made many of the mistakes they made. I have had to learn the absolute hard way how to get savings on track and make it a part of your life without killing your lifestyle. I have had to learn the hard way how companies mislead with marketing. It is my mission to share what I have learned about regularly saving with my own children and also share it with you. That’s why we have a lot of “free” (blogs like and and groups on Facebook like “Coupons & Coupon Codes”)!

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

Thank you for reading our blog and good luck!

Loyd Ford

Connect with us on Facebook with these free groups:
“Coupons & Coupon Codes”
“Live The Lifestyle Your Family Deserves”
All on Facebook – join. It’s free.


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