Saving Money & Investing Wisely

It's never too early to begin talking to your children about money, managing money, saving regularly and investing automatically in assets that provide dividends or generate passive or additional income purely by owning the asset you've purchased.

People don't always recognize the impact that time has on all things. You certainly hear people say "time heals all wounds." However, time can be your enemy if you don't plan ahead. This is why we have started the Facebook group "Live The Lifestyle Your Family Deserves". You will also find our FREE resources at www.stickyasset.com/blog (where you can sign up for our free monthly e-saver) and www.boostmywealth.wordpress.com. In addition to this, you can check out www.middleclassmoney.com to learn about the specific strategies we share in "How To Survive Any Financial Crisis."

Our goal is to help middle class families boost savings and build wealth. We do this with constant outreach, and we hope you will join our movement.

No matter your age, you should develop your own plan that should include:

1. Saving automatically (and building an emergency savings fund with 15 to 18 months of expenses in the fund).

2. Automatic investing in assets (specifically, assets create more value thru either dividends or generating more of the core asset).

3. Using any excuse to take money out of your checking account and sending it to your savings (money market accounts for the first six months and certificates of deposit for the rest). **A checking account is a money laundering account for other people's money.

4. Reduce and then eliminate debt because we are going into an economic cycle where debt (especially credit card debt equals DEATH).

5. Learn to negotiate. Remember: you don't have to purchase X at a specific store, car dealer or real estate broker. They have quotas. You probably only need to purchase one. Use this power. Educate yourself before any purchase. Find out what you don't know and use it to keep more of your money.

Set goals for short-term, medium term and long-term goals. Avoid credit card debt at all costs. Use your time away from work to learn more about investing, purchasing assets and growing money. You can make your money work for you and strengthen your family in the future.

Join our new Facebook group "Live The Lifestyle Your Family Deserves". Get your FREE monthly e-saver simply by signing up (for free) at www.stickyasset.com/blog.

Remember this: savings builds faster than you think it does. Time can be on your side...if you get started NOW. Good things and bad things happen to everyone. Our philosophy is to work to minmize the bad and celebrate the good until someone tells us to cut it out.

Good luck on your path to wealth.

Loyd Ford
www.stickyasset.com/blog
www.boostmywealth.wordpress.com
www.middleclassmoney.com
www.stickyasset.com

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"Live The Lifestyle Your Family Deserves" only on Facebook