How do You Protect Your Children?

How do you protect your children if you are worried about the future and concerned about the out-of-control debt of our nation and the prevailing credit-focused society in the U.S. coupled with where the overall world economy is headed? If you are me, you blog and write to help your kids and others.

No one knows the future. Everyone wants to be rich today. That is not generally how quality is built. Quality is built with hard work and consistency. In personal finance, that means having a plan and including regular savings with every single paycheck. That is a way you can overcome negatives in today’s economy (and the future economy of our children’s lives).

In the 1970s, experts recommended you build an emergency savings of 3 to 6 months expenses in savings. Do you think things have changed since then?

Now we recommend that you develop your own regular savings plan to build an emergency savings of 15 to 18 months of expenses. It isn’t about saving it all TODAY. It is about steady and regular savings to get there.

If you are not saving 15% of your after tax income, you should work on a plan to develop this kind of savings.

Of course, you should be in your company 401k for your long-term success. This is long-term savings for….later.

More than this, you should be thinking of your money in only three (3) ways:

Money you make

Money you spend

Money that goes to work for you

It is important to make money and pay your expenses to live, but if you really focus on how you and your family can separate money to “go to work for the family,” you will have success in building savings and eventually wealth.

If you’ve been reading this blog for any length of time, you know about our “1% Savings Plan.” If you don’t know about it, you can check out our “1% Savings Plan” in past blog entries here and at or in “How To Survive Any Financial Crisis” at

You must have a plan for putting money to work for your family. Money really never does sleep. The only money that counts is money that goes to work for your family. You work hard. Why shouldn’t you focus on putting money to work for your family with every paycheck. It doesn’t take much – – – but it does take steady saving.

And you can do it.


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 and 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

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

Good luck to you and your children.

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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