Tag Archives: saving and investing

I Want To Help


I want to help people.

I wanted to help me. That has been a big goal for me in writing this blog and http://www.StickyAsset.com/blog. I believe that you can overcome issues of childhood, issues of job changes, divorces and a variety of other problems that can slow or stop you from saving and investing regularly.

In the past twenty plus years I have made very single mistake a person can make with personal finance. It is the old story of thinking you know everything when you are younger and then growing to the point where you realize you don’t know as much as you thought and helping others can be part of simply helping yourself.

This process of writing a blog (or two) makes you think about how you can learn and use tools against an increasingly corporate world set out to separate us from our money.

People save a lot of things. Stamps. Coins. Signatures. People save what is important to them. Well, the point of this blog is that your FAMILY is important. When it is your family vs. the corporations, I hope your family always wins. That’s why we believe in learning all you can about:

Negotiation

Coupons & Coupon codes (we even have a group called “Coupons & Coupon Codes” on Facebook)

Regular saving

Regular investing

Reducing and eliminating debt

We also believe CREDIT CARD COMPANIES are easily the enemy of your family. For most people, the marketing that credit cards do is problematic. We want to be a source to encourage holding credit card companies accountable, getting you and us to know how our credit cards work and using the rules and extra principal payments to REDUCE & ELIMINATE this kind of debt.

We believe checking accounts are MONEY LAUNDERING accounts for other people’s money. Leave money in that checking account and your money will GO become someone else’s and you will wonder where it went. In other words, you need to use any excuse you can to push “extra” money in your checking account out to personal savings.

Don’t take things for granted. You can save a lot more money than you are currently. You can brainstorm with your family how to save more and make it your focus in terms of building regular savings.

Regular Savings.

You can do this. Need help? Look at our past blog entries dealing with our “1% Savings Plan.” You can find it here or at http://www.StickyAsset.com/blog or at http://www.MiddleClassMoney.com.

Don’t kid yourself. You don’t have to do a lot to build savings and eliminate debt – but you do have to establish regular savings, goal setting, debt reduction and belief in your family.

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.

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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 http://www.MiddleClassMoney.com.

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.

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. 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 http://www.boostmywealth.wordpress.com and http://www.stickyasset.com/blog 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 http://www.middleclassmoney.com.

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.

Ten Ways To Get To The Church (Of Saving + Investing) On Time


You want me to tell you how to get the best deals in the history of Earth and how you can use your savings skills to reshape your old water bottles into kitchen pots and pans? I’m not going to do that.

My goal is to try to get people to think about, establish and grow their own plan for regularly saving and investing to build your own way to wealth. I will encourage you to begin a real journey of saving and investing (regularly) by shaving off expenses and/or parts of expenses to establish a higher pattern of savings.

Let’s start with some beliefs we have that may strike you as unusual, but we want to encourage you to give them some more serious thought as you think about developing your own plan for saving and investing regularly.

1. What you make is NOT as important as the percentage of your after tax income that you are saving each month. If you have trouble saving, you might want to start with our “1% Savings Plan.” Read about it in past blog entries or get “How To Survive Any Financial Crisis” at http://www.MiddleClassMoney.com to find out more. Everyone wants to focus on what they “make.” What you make is a number; what you save is the value you are building for your family from your work.

2. Checking accounts are MONEY LAUNDERING ACCOUNTS for OTHER PEOPLE’S MONEY. You must begin to see this as a leaky problem and use any excuse to pull any extra money out of checking and push it to real savings. If you don’t do this regularly, you are very likely “leaking money.”

3. Credit card companies and almost any major corporation is a corrupt entity that is in fact the ENEMY of your family. If you adjust your thinking to spot the differences between controlled needs and wants or marketing, you can save more money month after month, build real savings and eventual wealth.

4. Emergency savings has changed. Gone are the days of the 1980s and 1990s. You live in the 21st Century. That means your emergency savings should be 15 to 18 months of your expenses in money market savings and certificates of deposit.

5. Once you have achieved the proper emergency savings fund, you can begin to begin regular investing.

6. The #1 impairment to wealth in the middle class is debt. Credit card debt is the worst. See our recommendations on dealing with credit card companies and debt in general in “How To Survive Any Financial Crisis” at http://www.MiddleClassMoney.com or read previous blog entries on controlling relationships with credit card companies and curbing and eliminating debt.

HOW TO JUMP START YOUR SAVINGS AND “GET IT GOING”

1. Your regular bills can probably be reduced. Call every company who sends a bill to your house. Ask them how you can reduce your monthly payment by 10 – 15%. Yes, they may say no. If they do, ask for a supervisor. Tell them you don’t want to have to go without, but tell them you are seeking a way to reduce your bills by 10 – 15% (be specific with them). And be open to their suggestions (including things like bundling). Be persistent. Don’t give up. Call once a week if you have to until you get some results. Whatever you can shave off of your monthly bills, put that money in savings on a regular basis (and pay yourself first before you pay any other bill each month).

2. When you shop for anything, do your shopping before you leave the house. In other words, have a list in advance of only what you need and stick to the list.

3. When you use coupons, coupon codes or negotiation to receive a negotiated price (lower than sticker), always put the money or percentage you saved in actual savings. If you don’t, you are not saving anything.

4. Look for additional ways (in addition to your day job) where you and your family can generate some additional dollars for the purpose of putting 100% of this money into pure investing (perhaps Vanguard mutual funds).

The truth is simple: People don’t often think about really begin aggressive on saving money until they are in trouble. Maybe it seems overwhelming. The facts are simple: Reduce debt, build savings and regularly save and invest to build wealth and gain more control over your personal financial life.

You can start on a path to higher savings and better investing TODAY. Just get started. Build your own plan with your family.

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. 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 http://www.boostmywealth.wordpress.com and http://www.stickyasset.com/blog 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 http://www.middleclassmoney.com.

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”
“Saving Money”
“The Money Store”
All on Facebook – join. It’s free.