Tag Archives: emergency savings

How Do You Know Anyone Can Save Money In 2011?


It is tough to save money consistently and regularly. Still, there are those people who say it is impossible.

Here is one example of why “It is impossible” is a myth that isn’t true. It is a small example, but you can see where commitment equals success in savings.

Over the last three (3) year my wife and I have run an experiment that I think we will continue for a good and long while. We watch the ground for money.

That’s right. We look for “fallen money” or “other people’s money” that they don’t want or simply money that bling blinged to the floor or parking lot so we could spot it and retrieve it just for looking with a keen eye.

If you have been reading this blog for some time, you know that we have a jar in our kitchen that we put our found money in once we discover it. This money adds up each year. A lot of people think, “How much money could you simply find on the ground?” Well, every year we collect the money in our little jar and then use it at the end of the year to open up a 12 month CD.

About this time each year I give an update on what we found in latest year.

Can you save money on any budget? Yes.

In 2010, we found $86.80. That’s $86.80 that other people – that we don’t even know – left to us. They say you hope you get lucky in the New Year. We find we make our own luck by watching what is going on around us.

In 2009, we found $61.47. That money has grown to $62.57 (this is money we are earning on other people’s money).

In 2008, we found a total of $26.95. That money has grown to $27.39 (this is also money we found on the ground; this is money WE are earning based on other people’s money).

No, this isn’t a huge amount of money. But it is an experiment and we are growing savings off of other people’s money. That’s a total of $176.76. And it keeps growing.

What will we find in 2011? I can tell you there are already pennies in the jar this year (and we’ve barely begun).

If you commit, you can begin a regular savings program. This means that you can develop tactics you can find useful in generating regular and irregular savings (and you should make it a goal to have both).

The average family today needs 15 to 18 months of expenses in emergency savings. No worries if you don’t have it right now. Set goals. Brainstorm with the family. Reduce debt and reduce payments (if you don’t know what we mean, look in past blog entries or at http://www.MiddleClassMoney.com).

This could be your year. Get started. Keep after it.

You can do it.
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!

Loyd Ford
http://www.stickyasset.com/blog
http://www.middleclassmoney.com
http://www.boostmywealth.wordpress.com
http://www.squidoo.com/boostmywealth
http://www.stickyasset.com

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.

Business & Your Family In 2011


If you are like us, you have always looked at businesses you do business with like you look at other people. You think it is your responsibility to treat them the way you would like to be treated.

The problem is that many of these companies have begun to think about you in terms of only how much money they can get from you. In addition to this, they have begun to think in terms of how they can limit their expenses and often their services while still getting the full payment participation from your family.

As a result, we have adjusted our thinking so that we treat them as a negative event in our family budget and we recommend you treat them the same way. What does this mean for you? It means that you should review your services at least once each year and work with them to seek a reduction in pricing.

No, I am not kidding.

Times have gotten more and more difficult for middle class families. On the other hand, big business (especially) in this country are FLUSH with cash. This is because they constantly operate from a conservative position of limiting and reducing expenses while PRESSING for PROFIT.

To meet this challenge you should start this at least yearly process of approaching every business that gets money from your household and PRESSING THEM for REDUCTION in costs.

The process begins with a phone call, but you must learn to be pleasant and firm while being prepared to make multiple phone calls and seek out supervisors multiple times to reduce costs while keeping services.

You start by telling them that you are having financial difficulties and really want to keep their services. However, you should also tell them that you need to reduce the bill you receive by 10 – 12%. That’s where the negotiation begins.

Again – be patient.

Be willing to listen to their suggestions. Be willing to talk to multiple supervisors and stay calm and pleasant as you work your way to a DISCOUNT.

When you negotiate a discount, take the money you saved (in actual dollars from your monthly bill) and add it to your “automatic savings bill.” This will help you establish or expand a regular monthly “bill” that actually goes directly to savings in a money market savings account.

In 2011 you should be working toward having 15 to 18 months of your family expenses in actual savings to have a proper emergency savings fund (correctly funded). Why? Because it may take you longer to find a new job making your current income if you lose your job. You may become a part of a large wave of people who cannot replace your current income if you lose your job. Having a right-sized emergency savings fund for 2011 will be very helpful to your family.

If you do not have this kind of emergency savings fund, we recommend you look back in previous blog entries here and at http://www.StickyAsset.com/blog to find our “1% Savings Plan” or check it out at http://www.MiddleClassMoney.com to begin a systematic way to launch and grow regular savings.

We believe it’s us against the world. That means your family must take more control of your money and see companies you do business as BUSINESSES that must be NEGOTIATED with so you get the most value for the least costs.

And always actually save what you save. This is a major key to GROWING SAVINGS.

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!

Loyd Ford
http://www.stickyasset.com/blog
http://www.middleclassmoney.com
http://www.boostmywealth.wordpress.com
http://www.squidoo.com/boostmywealth
http://www.stickyasset.com

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.

Baby Steps That Lead To Wealth


The first step to generating a path to wealth is to begin to take in and focus on people you want to emulate. Look for people who build wealth and study them. What are they doing as habits that make it easier for them to build real wealth over time? What makes them different than those that appear stuck int he rat race? We must recognize that quality and value are not built overnight, but you can achieve goals by working toward them. Study people who are successful at saving money. Educate yourself and emulate those people.

As they say, you become what your vision is or you go where your eyes lead you.

Talk to your family members. Get everyone together at the kitchen table and have a family conversation about budget, saving money and let everyone know that you are seeking their ideas on keeping more of the money that your family makes and putting it to work for the future.

No Emergency Fund?

If you don’t have emergency savings, you may start with our “1% Savings Plan.” You can check that out in past blog entries here, http://www.StickyAsset.com/blog or at http://www.MiddleClassMoney.com.

Baby Steps

Open a savings account. You can do this at your local bank, or you can utilize an on-line bank like INGDIRECT.com. However, the basic idea is to identify a place where “YOUR MONEY” goes. A checking account is not truly your money. We say a checking account is a money laundering account for OTHER PEOPLE’s MONEY. That’s because CHECKING ACCOUNTS leak. Once you have a place identified for your EMERGENCY SAVINGS (your money), you are starting a life of growing savings.

We do recommend that you set a goal of saving regularly with every paycheck until you have 15 to 18 months of your expenses in money market savings and certificates of deposit. Once you achieve this goal, you can branch out into other areas of generating investment. Even slowly building this amount will develop faster than you think, but this is the ultimate secret of saving money and building wealth:

You must begin and you must save regularly.

People say this all the time, but you must PAY YOURSELF FIRST. This is the hardest thing to do because people constantly worry about their bills. To set a schedule and strategy to gain more control over your money, you must begin by saying, “I will have an artificial bill each month that goes directly to savings.

Remember: The money you make is only important to house and feed your family. The money you keep is what really determines what is yours and what you are really building. Make that a priority and you will increase your family wealth perhaps for generations to come. You can divert some of your paychecks through direct deposit to a specific savings account by amount each time you get paid. This is an excellent way to build savings regularly. See previous blog entries to find out how you can shave money off of what you are currently making and even spending to self-generate savings beginning today.

If you use a debit card and your bank has a program that rounds up purchases and pushes the “extra” to savings, do it. You will always be shocked how much and how quickly you can save by using a few tricks. I am for anything that makes you save more money.

When you talk to family about budget, spending and saving, brainstorm on how you can put more of your money in savings regularly. Don’t hesitate to use coupons and coupon codes (and put the difference you save in real savings). Always consider negotiating on anything. We live in a consumer-based society. Use your power. And always put what you saved in REAL SAVINGS.

You can do this.

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!

Loyd Ford
http://www.stickyasset.com/blog
http://www.middleclassmoney.com
http://www.boostmywealth.wordpress.com
http://www.squidoo.com/boostmywealth
http://www.stickyasset.com

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.

Is Your Middle Class Family Slipping?

Your family might be in more trouble than you might think financially. Things could appear good, but risk is lurking for all middle class families in 2010.

We talk in this blog and our other blog (www.stickyasset.com/blog) about the costs associated with living and how to reduce debt (the #1 reason middle class families are falling behind and, in many cases, out of the middle class) and increase regular savings and investing.

We are NOT making up huge reasons you should develop your own plan for regularly saving money.

Many people do ask why we recommend you build a plan that includes an emergency savings plan of 15 to 18 months of expenses in money market savings and certificates of deposit. This blog entry addresses that with some facts. (By the way, you don’t have to build this all at once. You CAN boost savings over time with some specific strategies).

What about some serious hard numbers? Okay. Here are some numbers everyone in your family should know. This is based upon a family of four (4) in the United States (average family of four) from 1970 to 2007).

Here is what Americans are spending MORE in the 21st century (research based upon 1970 – 2007):

# 1 = Mortgage (up 76%)

# 2 = Health Insurance (up 74%)

# 3 = Cars (2 cars; used to have 1 – 24%)

# 4 = Childcare (up 100%)

# 5 = Taxes (up 25%)

In case you want to know, Americans are spending a lot less on clothing and food than they did in 1970. Most people think the reverse of these numbers. They don’t think about how much larger the mortgage and cars cost today. However, these are stark facts about what middle class families are PAYING today.

You should always keep an eye on your money.

According to income, by the time the two (2) income family pays all of their regular monthly expenses, they have LESS money than their parents did with one (1) income (on average in 1970).

Consider this: New housing today is primarily being built for the top 20% of the general population. The people purchasing homes from 1970 until now are paying more and more for housing and the housing is more expensive per house (and not necessarily for bigger houses either). Does this strike you as crazy?

If you have read “Rich Dad, Poor Dad,” you know that they reference that middle class families purchase liabilities and think they are assets. By the way, we are NOT against home ownership, but we do believe you should select the size and cost of your home and mortgage very carefully.

*The information statistics in this blog are sourced from Elizabeth Warren and a presentation she gave on “The Coming Collapse of The Middle Class.”

If you seriously look at these numbers, you can clearly see how the middle class is under extreme stress. The expenses that have grown are less controllable than those that have gone down (clothes, food for example).

GET SERIOUS ABOUT AVOIDING POVERTY ISSUES

If you have two (2) incomes in your family, the single best thing you can do is work to reduce your expenses and lifestyle over time until you can live on one income and both save and invest the other income for success between now and retirement.

People don’t want to hear “change your lifestyle.”

People don’t want to cut back lifestyle, but for many Americans will face poverty if they don’t have a short and long-term strategy to regularly save and invest.

If you don’t have a savings plan today or don’t feel like YOU or your family can save with your income today and your bills, check out our “1% Savings Plan” in past blog entries or at http://www.MiddleClassMoney.com.

Check out our info on how to save with negotiation and coupons or coupon codes (and how to use coupons).

Don’t just accept that you can’t get ahead. Use our tips on creating savings within the restrictions of your income and your bills and spending. In many cases, you will create additional savings by opening up with your family members and brainstorming about ways to create regular savings. You will also find that focusing on saving money will….save you money.

We do have some basic things we believe and try to encourage in others. We believe that your checking account is a MONEY LAUNDERING ACCOUNT for other people’s money and you should use any excuse to push money from checking out into savings as often as possible. We believe that you should set out to create an “asset train” so that you are building something for the future – no matter how small (and an asset train pays dividends). We also believe that the only part of your money that is important (past providing the essential basics of food, shelter and clothing for your immediate family) is the money you set aside on a regular basis to reduce and eliminate debt and build emergency savings and/or invest. And you can do it.

YOU can do it. You simply must start. You must develop your own plan. You must do your own research. You must engage your immediate family members to bond together in your quest to reduce and eliminate debt, build savings and investment and TEACH YOUR KIDS how to become wealthy.

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!

Loyd Ford
http://www.stickyasset.com/blog
http://www.middleclassmoney.com
http://www.boostmywealth.wordpress.com
http://www.squidoo.com/boostmywealth
http://www.stickyasset.com

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.

Missteps With Saving Money


What are some of the missteps we make when trying to save money?

Using coupons or coupon codes for things we don’t need, really don’t want or things we already have plenty of at home. Coupons and coupon codes are marketing. There is nothing wrong with marketing. Always make your shopping list out first and then go looking for only coupons or coupon codes that apply to what you need. And pull what you “save” out of checking as if you actually spent it. Where do you send the amount saved? Savings, of course. Do this again and again and you are likely to become wealthy over time.

Your cell phone can be leaking money. Many people don’t track their plans. They don’t ask questions about billing. They don’t “bid” their cell phone with various companies when it comes up for “renewal.” How much can you save by reducing your minutes, avoiding extra texting and eliminating web usage? More than you think. Take a look at how much you use your cell phone (we are all big fans of cell phones, but when you look at what you spend and what you can save, you might find a better plan for your family that saves you real money).

Do you pay an annual fee on your credit card? Yes, you can call and have it removed. I call this step one. Step two is: If they don’t remove it, YOU move to another credit card. Of course, you should see our overall thoughts on credit cards in previous blog entries or at http://www.MiddleClassMoney.com. I can tell you we believe in attacking them strongly and paying more than the minimum each month until you reduce and then eliminate the credit card debt. Credit card companies are the enemy of your family. Treat them as such. Get them out of your life. But don’t pay a yearly “fee” while you wait for their exit.

Some people are embarrassed to negotiate. Because of this they lose thousands (and maybe more) dollars every year. Count that up over time – say 10 or 20 years – and you are talking about a very significant amount of money. Maybe it is enough to pay off your car or release you from credit card companies. Do you want to know who negotiates and works to negotiate on every purchase they make? Rich people. Where do you want to be in ten years?

Why do people wait to develop a plan to get out of debt and build wealth? Fear is a big factor. Think about it. What if you can’t do it? What if you can’t get ahead? You’ll be in the same situation you are in today. However, we know many people who applied basic money saving principles to an overall plan and got out of debt. You can do it, too. However, it is only action that can overcome this. You can start today and actually prove to yourself that you can lift your family out of debt and into wealth, but you have to get moving.

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!

Loyd Ford
http://www.stickyasset.com/blog
http://www.middleclassmoney.com
http://www.boostmywealth.wordpress.com
http://www.squidoo.com/boostmywealth
http://www.stickyasset.com

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.

Why You Should Be Worried For Your Family & What To Do About It


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!

Loyd Ford
http://www.stickyasset.com/blog
http://www.middleclassmoney.com
http://www.boostmywealth.wordpress.com
http://www.squidoo.com/boostmywealth
http://www.stickyasset.com

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.

Tap Your Private Source For Financial Advice


If you had a private source where you could just tap a few keys on a computer or iPad or smart phone and you would have instant access to wealth building secrets week after week, would you use the source?

Most people have busy lives and don’t believe they can build wealth on their own. This is the reason so many investment people can charge so much to invest your money. These people become overwhelmed with how complicated they think wealth-building is today. More than this, they believe the world is stacked against them and they really want instant gratification. In other words, tell me how I can become rich quickly.

All of this comes in spite of the fact that anything of real value is generally built over time. You’ve heard the saying, “If something is too good to be true, it probably is.” In other words, things that are built instantly probably are not that good. Think fast food over real food. In your heart, you know which is better for you, don’t you? Okay. So here is your instant source that can help you and your family build savings and smart investments over the next three months, six months, one year, five years, ten years and more:

You.

That’s right. You.

Use this moment as an opportunity to make the commitment to including everyone in your family in a program that you will build for saving more money regularly out of your current income and reducing your spending.

REDUCING EXPENSES

When you sit down with your family, don’t leave anyone out. Set your plan to cut your spending on every bill your family receives. Call every business that bills you and tell them you are in financial difficulty. Tell them you need to find a way to remain a customer of theirs and you need to figure out how to reduce the bill by 12 – 15%. Be open to their suggestions. Be open to reduction in services on some things. Remember: You are generating savings on a month after month basis.

Every time you win a “concession,” take the money that you have saved and add it together with other areas where you have saved money. Then, take the amount saved and make it a NEW BILL. Each month, you will charge your family this amount and take that money directly to savings. This will help you begin generating an emergency savings money market account. You should have 15 to 18 months of expenses in your emergency savings. And you can get their faster than you think.

Get going. You’re in charge.

Want tips on how to deal with credit card companies? Check it out at http://www.MiddleClassMoney.com.

Want tips on negotiating for a car? Check it out at http://www.MiddleClassMoney.com.

Want to know how to generate more savings regularly without changing your lifestyle? Check it out at http://www.MiddleClassMoney.com.

Talk to your family. Get everyone involved. Make it a family sport.

You’ll be shocked how fast you will build savings.

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!

Loyd Ford
http://www.stickyasset.com/blog
http://www.middleclassmoney.com
http://www.boostmywealth.wordpress.com
http://www.squidoo.com/boostmywealth
http://www.stickyasset.com

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.