The Chinese are on the rise. Are you aware that Brazil and India are on the rise as well? The U.S. now faces a significant shift in “luck” or “wind” or whatever you want to call it over the next 20 – 30 years. Many Americans will be surprised by this or even shocked by how this can impact their lives.
U.S. debt is at an all time high and accelerating.
The U.S. economy is shifting and jobs are changing. Many people lose their jobs and cannot find a replacement job. More find a replacement job at 30% of the income of their previous job.
Who is going to save you? Who will save your family? When the country (and the world) goes through such a financial crisis as we have seen recently, you have to ask these questions.
The answer is YOU, of course. The government won’t take care of you (they are busy helping out the fat cats and saying they are working hard for us). You must develop your own plan and help your own family.
The founding fathers in the U.S. promised we could pursuit of happiness. They didn’t promise happiness. To that end, this blog focuses on developing your own financial plan and not relying on anyone else other than yourself to help your family.
Our belief is centered in the following:
1. You can develop steady and regular savings if you focus your attention on getting it done no matter what. You can start with our 1% savings plan (see past blogs or http://www.MiddleClassMoney.com to find all details).
2. Even on a limited budget with limited income, you can begin to develop REGULAR AND STEADY savings with each paycheck and within each month. Time will pass no matter if you save or not. It’s better to build savings.
3. You should set goals. Those goals should involve reducing and eliminating debt by paying “extra” above minimums regularly and building an emergency savings fund of 15 to 18 months of expenses in money market savings and certificates of deposit that are FDIC insured.
4. Focus on people who are “winning.” That means align yourself and your goals with people who are building wealth by doing what they are doing. 80% of millionaires are SELF-MADE. Do you want to be like them? Well, you have to be like them. Find out how they did it and start your own path.
We believe in using coupons as savings (not as marketing). This means we believe in using coupons or coupon codes only for things we ordinarily purchase or need and taking the amount saved and flipping it to savings AS IF WE SPENT IT AND DIDN’T HAVE THE COUPON OR COUPON CODE. This helps you build savings – faster.
We believe in negotiating on almost anything you can imagine. We know some people are embarrassed to ask. We call these “poor people.” Rich people are not embarrassed to ask for a better deal – and they are getting it. Shouldn’t you get a better deal for your family?
Always take the amount you saved and flip it to savings AS IF YOU SPENT THE TOTAL AMOUNT BEFORE THE DISCOUNT. This helps you build savings – faster.
Focus on saving money as a family sport and you will get ahead. We tend to underestimate as humans what we can do in a year and underestimate what we can do in ten years.
You can save more money than you think. You need to develop a strategic plan and it is within your reach. Get started. Sit down at the kitchen table with your family. Brainstorm on ways you can save money. Make it a family sport. If you do, you will do more than become richer. You’ll teach your kids to provide wealth for themselves.
HELPING YOUR KIDS GET AHEAD
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. Our people have had “emergencies” all our lives. These emergencies always get in the way of saving money regularly, and our family is not different than millions of other good American families. 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 have had to learn from my own mistakes over time. 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 or allowing “it” to overwhelm you. 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 http://www.boostmywealth.wordpress.com and http://www.stickyasset.com/blog and groups on Facebook like “Coupons & Coupon Codes”) associated with our mission!
It is our goal to encourage everyone to teach our children about money, managing money, and saving regularly (and automatically. Children should receive lessons about compound interest and steady investing for a long-term future before they face the hard choices of adult life while being subjected to the consequences of the high-speed marketing culture we live in. 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 by simply 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. You can get our free e-saver newsletter by signing up at http://www.StickyAsset.com/blog.
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.
Good luck to you and your children.
Thank you for reading our blog and good luck!
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.