I’ve been reading the Chris Gardner book “Start Where You Are.” Chris Gardner is the inspiration for the movie The Pursuit of Happyness (the movie that starred Will Smith as Chris). If you don’t know his story, you should Google him or at least start with the movie. That should motivate you that no matter who you are or where you are you can make a difference and you can both save and invest for the future. While Chris was once homeless, he is now a multimillionare. He didn’t do it with get-rich-quick. He did it with hard work. He did it with focus. He did it with will power.
He has a great story. You can utilize his story to inspire you to “Start Where You Are.” While I am not usually a person who loves a lot of self-help (funny for a person writing two self-help personal finance blogs). If you’ve been reading this blog or our main blog (www.stickyasset.com/blog) for any time, you know that we are working to make good decisions and save regularly while we attempt to help others do the same.
Today’s buzz words are: Start Where You Are. The most important thing you can do for yourself and your family is begin. Begin to save automatically. Even if you start by saving only 1% of your next after-tax paycheck, begin. Then, increase it each paycheck or once a month by another 1% each paycheck or month. Do this until you reach 15%.
You can build a safety-net for you and your family and then begin to truly save and invest in a way that will help you to build wealth.
All I can say is “thank you” again for reading our blog. And “Start Where You Are.”
Posted in Government Bailout, personal finance
Tagged Bail ME out, chris gardner, credit card help, family budget, financial crisis bail out, financial ebook, financial ebook blog, money market savings, start where you are, teaching your children financial independence, The Bailout, the pursuit of happyness, unsual ways to save, will smith
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!
Posted in Government Bailout, personal finance
Tagged Bail ME out, boost my wealth, coupons, family budget, family budget crisis, financial crisis, help me with credit cards, help me with debt, personal finance, save your family, savings, The Bailout, unsual ways to save
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!
Posted in Government Bailout, personal finance, Uncategorized
Tagged Bail ME out, economy, family budget, family budget crisis, financial crisis, financial crisis bail out, help me with credit cards, help me with debt, national bailout, national recovery, The Bailout, The U.S. Government Recovery Plan