Tag Archives: help me with debt

Now Money – Later Money

money grabber
Fast money is hardly ever money that lasts.

People always want the shortcuts. How can I get rich quick?

Think about the things in your life that have real value. If you want to become wealthy because you think it will solve all your problems, you are probably wrong. Money equals choice. There is nothing wrong with using money to do good things for your family and the people you love and care about in your life.

If you are reading this blog for the first time, chances are you are starting to think about how you can find and apply principles that will help you and your family save more money. This is an excellent place to start. Our blog today is not going to tell you a secret. We will tell you that the first secret is out in the open.

That secret is “begin.”

And remember that the more you sacrifice now and trick yourself into pushing more of your income to savings for later, the more you will truly build wealth.

Spend some time thinking about how you want to build your financial life. Start building your own plan from the ground up. You can do it.

Make a difference in the lives of your own kids. Take a stand and recognize that the corporate world is geared against us in the middle class. However, they need us as much as we want some of the things they tempt us with.

So, today we start with this word: START. You can do it.


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!

Loyd Ford

How Do Some People Save And Others Don’t?

I have to give some credit to HSBCDirect.com for the following:

• Active Savers, a group of people characterized by their dedication to saving, entered the recession better prepared than others because of their savings lifestyle. They have not had to take drastic measures to adapt to uncertain financial times and are less likely to have had to cut back on spending, eating out, and making large purchases.

• For more than half (57 percent) of Active Savers, learning to save started at a young age. Putting money away is a value their parents instilled in them (73 percent).

• Savings comes first for nearly half (46 percent) of Active Savers. They’re willing to make sacrifices in order to be able to put money away.

Overall, a majority of the population has not allowed the economy to hamper their savings plans—81 percent have been able to put the same amount away, if not more.

Here’s the idea: Steady savers are better prepared for the downturns that always come in economy and personal situations. Steady savers that are most successful are those who save AUTOMATICALLY. This can include:

Roth IRA
Traditional IRA
Emergency Savings

And you should have each one of these with automatic savings everytime you get paid.

Savings should be put away in FDIC-insured banks that offer the best interest rates.

Want more? Check out or main blog at http://www.stickyasset.com/blog.

Good luck. You’re on the right path thinking about putting money away for the future. Now…take more steps to protect your future by putting the automatic savings into action in each of the categories above.

Thank you.

Loyd Ford

5 Things Every Parent Can Teach Their Children

We all want to give our children access to a great education. You hear a lot about this all the time. You must get excellent grades. You must get into a great school. You must do all you can to “get on the path.”

Why? Most of the reasons behind this is so that your kids and my kids will be good employees. EMPLOYEES! The American Dream is often centered around our identity at work and getting ahead recognized as how much you make. The true look at building personal wealth over your lifetime (and the lifetime of your children) should have much more balance.

No, we are NOT against education. You should want your children to have a good education, but you should arm them with the sharpest knife you can give them: an education in personal finance and wealth-building.

The earlier we start having a personal finance plan and developing ways to build wealth, the better off we will be. You likely know this as an adult. With children, time is on their side.

If you have been reading this blog, you know that we are big to encourage you to teach your children that automatic savings from any paycheck and automatic monthly savings from checking are not a choice – THEY ARE ESSENTIAL to personal financial health over time.

Giving your children an education and really teaching them how time impacts money can give your children more than their education ever will. It is difficult to overestimate this potential.

We started with our boys in this way:

1. From paycheck one, each paycheck should have an automatic savings paid directly from your paycheck to an emergency savings fund (until you have 15 to 18 months of expenses in savings – 6 months in high-interest savings and the rest in rotating six month only certificates of deposit). This will help your children build a real safety net so they have more time to make any decision should they lose their job or have other issues that impact their ability to stay “flush with cash.”

2. See your checking account as a MONEY LAUNDERING ACCOUNT FOR OTHER PEOPLE’S MONEY. That’s right. Don’t get your value from a checking account. That money is a holding account and the money does not belong to you unless you REMOVE it to savings.

3. You cannot own credit cards – CREDIT CARDS OWN YOU. So many millions of Americans are chasing their credit score. How did this happen? The marketing “people” turned the truth on its’ head. They started showing how credit is your friend (credit is not your friend). While we don’t want you to harm your credit, the truth is that CASH IS KING….not credit. Limit your use of credit cards and always pay them off. If you cannot pay them off each month, get rid of them immediately (or put them in a safe) and pay them off. Credit cards are not your friend.

4. We like to say that in the old days there was Social Security. Then, people began to say, “Social Security isn’t enough and it might not even be around for you and me.” Now, people say, “get a 401k. But it isn’t enough. You should enroll in your companies’ 401k, but you should also have a Roth IRA or Traditional IRA that you give steady (again with that automatic word) savings to month after month and year after year.

5. It is critical that you teach your children that once they have secured the proper emergency savings fund (15 to 18 months of expenses), the should focus on purchasing assets that create their own income. This might be stocks. It might be real estate. However, the key is to have a dividend or income that comes from owning whatever it is. This is the true key to building wealth over time. For instance, if you choose stocks with dividends, reinvest those dividends for the LIFE OF THE STOCK and you will be building wealth.

Take our advice here and you will teach your children how to build real wealth over time by starting them off with an actual HEAD START over the other kids!

That’s where you want to be with your children, isn’t it?

Thank you for spending a moment with us today. Check out our main blog at http://www.stickyasset.com/blog if you want more.

Good luck!

Loyd Ford

Life Moves When You’re Not Watching (Why Strategic Savings Work)

You’ve seen the national insurance company say, “Life comes at you fast!” It’s funny, right? Well, it can be funny if you are prepared. Are you prepared? Let me explain.

It’s easy to look back on the moment you met your wife if you’ve been married for twenty years. How about looking back on your graduation from high school or college? Remember the moment you had your first kiss? How long ago was thall that?

Time moves faster than we are regularly monitoring. The longer you live the faster time seems to “slide right along” as a friend of mine says all the time.

If you develop a strategy that depends on automatic and steady savings, you will learn over time that it adds up faster than you think. Thinking strategically about problems like proper savings, automatic ways to save thru work (payroll) or home (checking to savings transfers) along with investing in low cost no-load mutual funds (once you are reached your proper emergency savings fund), will make your life better over time. This is because you will have more options.

If you have a job today, you must not see savings as an option. You should build your own plan to boost savings thru automatic savings. Seek out resources like this blog and http://www.stickyasset.com/blog to help you build the path you want to take.

Good things and bad things happen to everyone. You can’t change that. You can change how you react to those events of your life. That means planning to succeed.

One thing is absolutely certain. Time passes faster than any of us thinks about it. Time will move along. Thinking strategically and building a plan to save and invest wisely will make you the genius in your family. More than this it will build a safety net for your family and make your eventual retirement easier on you.

Your life shouldn’t be about a crisis. Your life should be about a plan. That will help you enjoy your life with your family. If you want more help, check out the e-book “How To Survive Any Financial Crisis” at http://www.stickyasset.com and continue to do your research on personal finance on the internet. It is good investment you are already investing in now!

It’s the best gift you can give yourself and your family.

Loyd Ford

Practical Things To Save Money That Really Work For You

There are two kinds of savings:

Saving – 1




Not enough? Do your own research to find coupon codes, savings and additional ways to negotiate for price. Then – put what you save in actual savings.

Saving – 2



Make sure you are getting the best rates on money market savings accounts and certificates of deposit at http://www.bankrate.com.

Make sure YOUR bank is FDIC-insured.


Check with your employer to see if you are eligible for the 401k. Check to see if they have forms for automatic savings for Roth IRAs and Traditional IRAs. Then….



The keys to the mansion are: Automatic saving, negotiation and “tricking” yourself into saving additional dollars whenever possible.

Check out our main blog at http://www.stickyasset.com/blog and sign up there for the monthly FREE e-saver.

Check out the e-book “How To Survive Any Financial Crisis” at http://www.middleclassmoney.com.

And good luck! You can do it!

Loyd Ford

What If The Financial Crisis Was An Adventure?

Suppose that you were charged with the responsibility of representing a group of people on an important mission in a foreign country. What if your assignment was to learn as much as you can about the local culture and develop relationships to get ahead and bring the rest of your “group” along to success in this new country. Maybe their are people in your own family tree who did this in the 1700’s, the 1840’s or even more recent.

What would you do?

I guess you would find out as much about the people and how they get along, right? You might read as much as you can on how to become a part of the community. You might research and learn as much about the people as possible, right?

Okay. We’ve had a meltdown. Some people lost everything. Some people didn’t have anything to begin with. Some lost money in 401ks or in pure stocks. What about you?

Well, today is a new day. You have the power to begin something new. You can begin a new adventure. The “group” you will represent will be your family. The foreign country will be your process of building a more secure financial life.

How do you do it?

The same way you would do it if you landed in a foreign country on a mission for your “group.” You would learn all you could about the people and the mission.

If you’ve been following this blog for awhile, you know we are big believers in doing your own research, spending an hour a day or an hour every other day working for “just yourself.” You know that we believe in automatic savings and building assets that generate income for now and in the future. But you should know about our philosophy of “getting to know the people and the ways of the foreign country” (known as wealth-building). After all, many people with money for some reason don’t want you to know how to really get ahead. So, we recommend that you make it easy on yourself.

That’s right. Check out sites like http://www.bloomberg.com, http://www.wsj.com, http://www.kiplinger.com and more. We recommend that you have regular subscriptions for Money and Kiplinger. Work to understand people that save and invest regularly. This is not so you leap off the deep-end and start buying penny stocks (we recommend AGAINST that) or the latest hot thing. We recommend that you have these types of magazines in your home so that you spend time getting to understand and think like richer people.

Oh, and I should say that we are not recommending that you boost automatic savings and build wealth for the sake of becoming rich. You boost savings to increase the safety net around your family, and you build wealth so that your family will have options. Times could become worse for the average family. If you have a job, you have opportunity to save.

Take the opportunity. Start automatic an savings program. Start learning how rich people think. Take advantage of their “showing off” how to increase savings and build wealth.

If you haven’t already signed up for our FREE monthly e-saver, you can do it now @ http://www.stickyasset.com/blog.

Good luck on your new adventure. I hope your “group” does very well indeed.

Loyd Ford

If You’ve Not Seen The Recovery Package, Here You Go

If you’ve not seen how the U.S. Government is selling the bailout now, check it out at http://www.recovery.gov.

Once you’ve read this “package,” you should be seriously motivated to save your booty off in the coming days, weeks, months and years.

For those of you who have already read the ebook “The Sticky Asset: How To Survive Any Financial Crisis,” we thought we would update you on the jar in our kitchen. Yes, the story really is true. This year we are already at $28.15. That money will go directly into a CD at the end of the year with the remaining amount we find on the ground between now and then.

As you know, we constantly preach that you can create ways to save money. However, once you do that – you must take the “savings” out of your checking account and put it in a high-interest savings vehicle. It is not saving if you don’t do this. Your checking account is a MONEY LAUNDERING ACCOUNT for OTHER PEOPLE’S MONEY.

If you have not checked out our main blog, you can do so at http://www.stickyasset.com/blog. If you are looking only to purchase the e-book, go to http://www.stickyasset.com.

Good luck on getting your bailout. Prepare now so that if things get worse, you will NOT be as bad off as many you will know.

You can save your family in this financial crisis and for the long-term. Just act now. Get started by developing a specific plan to save and secure wealth for your future one step at a time.

And good luck!

Loyd Ford